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Franklin BSP Realty Trust Closes NewPoint Acquisition
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Franklin BSP Realty Trust Closes NewPoint Acquisition
Jul 1, 2025 2:57 PM

05:42 PM EDT, 07/01/2025 (MT Newswires) -- Franklin BSP Realty Trust ( FBRT ) said late Tuesday it has closed its acquisition of NewPoint Holdings JV for $425 million.

"This acquisition represents a transformational milestone for FBRT, strategically expanding our multifamily lending capabilities," said CEO Richard Byrne.

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