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  "documentTitle": "Franklin BSP Realty Trust | Results Presentation Deck | 28 slides",
  "authorId": "franklin-bsp-realty-trust",
  "authorName": "Franklin BSP Realty Trust",
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  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-02-01 00:00:00",
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  "pageNumber": 9,
  "pageCount": 28,
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      "text": "FRANKLIN BSP REALTY TRUST",
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      "text": "1. Outstanding balance at December 31, 2023 and net of tranches held by FBRT.\n2. Cost of debt is shown before discount and transaction costs.\n3. Commitment for loans. Excludes bond repurchase agreements.",
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      "text": "Warehouse/Revolver/Other\nName, Commitment (3)\nBarclays (Warehouse), $500 million\nWells Fargo, $400 million\nJP Morgan, $500 million\nAtlas SP Partners, $600 million\nChurchill, $225 million\nBarclays (Secured Revolver), $250 million\nWebster Bank loan participation, $37 million\nTotal, $2,512 million",
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      "kind": "table",
      "text": "CLOs\nCLO Name, Debt Amount (1), Reinvest End Date, Cost of Debt (2)\nBSPRT 2021-FL6, $558 million, Ended, S + 1.43%\nBSPRT 2021-FL7, $720 million, 1/8/24, S + 1.64%\nBSPRT 2022-FL8, $960 million, 3/8/24, S + 1.72%\nBSPRT 2022-FL9, $671 million, 7/8/24, S + 2.80%\nBSPRT 2023-FL10, $689 million, 4/8/25, S + 2.57%\nTotal, $3,598 million\nCLO reinvestment available, $55 million\nRepo - Securities (outstanding), $174 million",
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      "kind": "title",
      "text": "FBRT 4Q 2023 Financial Update: Financing Detail",
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      "position": 1,
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