{ "docId": "019de516-1ff2-777b-9e15-804dfa4249d9", "docSlug": "f799a2a46edcc0d064b9cdf436b7f16d", "documentTitle": "Franklin BSP Realty Trust | Results Presentation Deck | 28 slides", "authorId": "franklin-bsp-realty-trust", "authorName": "Franklin BSP Realty Trust", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-07-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 17, "pageCount": 28, "prevPage": 16, "nextPage": 18, "slideType": "appendix_data", "function": "other", "density": "overcrowded", "nDataPoints": 180, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de516-1ff2-777b-9e15-804dfa4249d9/17", "deckHref": "/decks/019de516-1ff2-777b-9e15-804dfa4249d9", "deckJsonHref": "/decks/019de516-1ff2-777b-9e15-804dfa4249d9.json", "deckAnchorHref": "/decks/019de516-1ff2-777b-9e15-804dfa4249d9#slide-17", "components": [ { "bbox": { "h": 0.05, "w": 0.17, "x": 0.8, "y": 0.05 }, "kind": "image", "text": "FRANKLIN BSP REALTY TRUST", "attrs": null, "subkind": "logo", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "c384b69a-022e-447a-92dc-7b009dbe79d4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.96, "x": 0.02, "y": 0.94 }, "kind": "list", "text": "1. All-in Yield defined as: (1) current spread of the loan plus (2) any applicable index or index floor plus (3) origination and exit fees amortized over the initial maturity date of the loan.\n2. As-is loan to value percentage is from metrics at origination. Predevelopment construction loans at origination will not have an LTV and therefore is nil.", "attrs": null, "subkind": "numbered", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "fe564b81-0738-41aa-a8d0-299de7151535", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.02, "x": 0.95, "y": 0.95 }, "kind": "source-note", "text": "17", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5156db48-d2ce-4ce2-a911-ad5e5b3d1c47", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.01, "w": 0.17, "x": 0.02, "y": 0.92 }, "kind": "source-note", "text": "Note: All numbers in millions.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f8210dc3-2e78-413d-992d-b1980647b39b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.66, "w": 0.88, "x": 0.09, "y": 0.16 }, "kind": "table", "text": "Loan Type, Origination Date, Current Total Commitment, Principal Balance, Carrying Value, Spread, All-in Yield (1), Fully Extended Maturity, State, Collateral Type, As-is LTV (2)\nLoan 1, Senior Loan, 5/26/21, $155, $143, $142, + 4.75%, 10.34%, 6/9/26, Florida, Multifamily, 55.8%\nLoan 2, Senior Loan, 6/1/22, 153, 140, 140, + 3.95%, 9.58%, 6/9/27, Various, Multifamily, 67.8%\nLoan 3, Senior Loan, 2/9/23, 120, 120, 119, + 4.90%, 10.71%, 2/9/28, Various, Hospitality, 53.6%\nLoan 4, Senior Loan, 2/25/22, 86, 86, 86, + 3.24%, 8.87%, 3/9/26, New Jersey, Multifamily, 60.0%\nLoan 5, Senior Loan, 2/24/22, 86, 86, 85, + 3.15%, 9.03%, 3/9/27, North Carolina, Multifamily, 69.6%\nLoan 6, Senior Loan, 6/1/22, 86, 83, 83, + 3.95%, 9.58%, 6/9/27, North Carolina, Multifamily, 71.8%\nLoan 7, Senior Loan, 2/10/22, 82, 82, 82, + 3.20%, 8.72%, 2/9/27, Florida, Multifamily, 74.5%\nLoan 8, Senior Loan, 12/15/21, 84, 81, 81, + 3.21%, 8.59%, 1/9/27, North Carolina, Multifamily, 76.1%\nLoan 9, Senior Loan, 12/21/21, 79, 78, 78, + 3.45%, 8.79%, 1/9/27, Florida, Multifamily, 78.8%\nLoan 10, Senior Loan, 3/31/21, 79, 76, 76, + 2.95%, 8.40%, 4/9/26, Texas, Multifamily, 72.6%\nLoan 11, Senior Loan, 5/18/22, 71, 71, 71, + 3.80%, 9.43%, 6/9/27, Georgia, Multifamily, 77.9%\nLoan 12, Senior Loan, 9/20/21, 70, 70, 69, + 3.25%, 9.00%, 10/9/26, South Carolina, Multifamily, 77.1%\nLoan 13, Senior Loan, 6/14/22, 71, 69, 69, + 3.45%, 9.40%, 6/9/27, Georgia, Multifamily, 71.6%\nLoan 14, Senior Loan, 12/20/21, 74, 68, 68, + 6.03%, 12.14%, 7/9/26, New York, Multifamily, 74.7%\nLoan 15, Senior Loan, 10/29/21, 70, 67, 67, + 2.85%, 8.52%, 11/9/26, Texas, Multifamily, 70.6%\nLoans 16-156, Senior & Mezz Loans, Various, 4,163, 3,767, 3,747, + 3.91%, 9.59%, Various, Various, Various, 66.5%\nCECL Reserve, (40)\nTotal/Wtd. avg., $5,527, $5,086, $5,023, + 3.89%, 9.56%, 3.1 years, 67.1%\nAverage Loan Size, $35, $33, $32", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "07a8b98c-5775-4ba6-b773-ad17ac90ae37", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.63, "x": 0.03, "y": 0.06 }, "kind": "title", "text": "Appendix: Core Portfolio - FBRT Portfolio Details – Top 15 Loans", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4cf4ba2c-cff7-423d-9e38-0796be22f34c", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [ { "to": 25, "from": 17, "name": "Mece Breakdown", "slug": "40-mece-breakdown", "bestFor": "Problem structuring, ensuring completeness, strategic analysis", "matchId": "d7f93980-d5f7-49e7-8087-b925a4bb406b", "evidence": "The presentation provides detailed data and analysis on FBRT's portfolio and financial performance.", "position": 0, "objective": "To provide a detailed breakdown of FBRT's portfolio and financial performance.", "structure": "The Whole -> Category A (distinct) -> Category B (distinct) -> Category C (distinct) -> Complete Coverage", "confidence": 0.7, "description": "Divide a complex topic into mutually exclusive, collectively exhaustive categories" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }