Franklin BSP Realty Trust has sold its largest foreclosed property, marking a pivotal step in the New York-based mortgage real estate investment trust’s strategy to shed nonperforming properties and redeploy capital into higher-yielding investments.
Franklin BSP Realty sells largest foreclosed property on its books
Mortgage REIT seeks to redeploy capital into other investments
CoStar News
April 6, 2026 | 6:05 P.M.
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IN THIS ARTICLE
- Properties
- Nu Six Forks
6317 Shanda Dr, Raleigh, NC
- Companies
- Benefit Street Partners
Finance and Insurance