Franklin Bsp Realty Trust, Inc. · NYSE:FBRT
Franklin Bsp Realty Trust — Realty Finance Trust — Merger or Acquisition (October 2016)
13 slides from Franklin Bsp Realty Trust's merger presentation, Oct 5, 2016
Slide 1: Financing the Growth of Commercial Real Estate
Financing the Growth of Commercial Real Estate Note: This program does not own the properties pictured. The properties serve as the underlying collateral for mezzanine loan s h eld by RFT. Peter M. Budko Partner AR Global Investments, LLC Jerry Baglien Chief Financial Officer Realty Finance Trust Ri
Slide 2: Important Information
Realty Finance Trust, Inc. 2 IMPORTANT INFORMATION Risk Factors Investing in and owning our common stock involves a high degree of risk . See the section entitled “Risk Factors” in our Form 10 - K filed March 11 , 2016 for a discussion of these risks . Forward - Looking Statements Certain statements
Slide 3: What Is Happening? Why Now?
Realty Finance Trust, Inc. 3 WHAT IS HAPPENING? WHY NOW? Enhanced Opportunities for RFT and its Stockholders □ On September 29 , 2016 , Realty Finance Trust, Inc . (“RFT” or the “Company”) announced that Benefit Street Partners L . L . C . (“Benefit Street”) was appointed as the new adviser to RFT .
Slide 4: Transaction Highlights
Realty Finance Trust, Inc. 4 TRANSACTION HIGHLIGHTS Broader Resources and Best Foundation for Success Economies of Scale New Advisory Agreement Institutional Quality Ownership of the New Adviser □ Benefit Street Partners L.L.C. (“Benefit Street”) and its affiliate, Providence Equity Partners L.L.C.
Slide 5: Who Is Benefit Street Partners?
Realty Finance Trust, Inc. 5 WHO IS BENEFIT STREET PARTNERS? □ Benefit Street is a leading credit - focused alternative asset management firm with over $ 14 . 0 billion in assets under management . □ Benefit Street was formed in 2008 as the credit investment platform of Providence Equity, a leading
Slide 6: Richard J. Byrne and Jerome S. Baglien biographies
Realty Finance Trust, Inc. 6 Richard J. Byrne President, Benefit Street Partners Richard Byrne is president of Benefit Street Partners and is based in our New York office. Prior to joining BSP in 2013, Mr. Byrne was chief executive officer of Deutsche Bank Securities Inc. He was also the global head
Slide 7: RFT What Changes? What Stays the Same?
Realty Finance Trust, Inc. 7 RFT WHAT CHANGES? STAYS THE SAME? RFT Adviser, LLC Today • Transition to institutional quality ownership of our Adviser After Transaction Benefit Street Partners L.L.C. Former Advisory Agreement RFT AR Global Investments, LLC New Advisory Agreement Result • Deep resource
Slide 8: What Are Some Key Benefits of the Transaction?
Realty Finance Trust, Inc. 8 WHAT ARE SOME KEY BENEFITS OF THE TRANSACTION? □ The transition to institutional quality ownership of the Adviser will provide greater opportunities for RFT and its stockholders to achieve on attractive liquidity event . □ Lower fees under the new advisory agreement . □
Slide 9: New Corporate Structure
Realty Finance Trust, Inc. 9 NEW CORPORATE STRUCTURE Richard J. Byrne Chief Executive Officer and President Jerome S. Baglien Chief Financial Officer and Treasurer Elizabeth Tuppeny Lead Independent Director & Audit Committee Chair Peter McDonough Independent Director Richard J. Byrne Chairman RFT B
Slide 10: Monthly Distributions
Realty Finance Trust, Inc. 10 MONTHLY DISTRIBUTIONS □ Our current distribution is approximately $ 2 . 063 per share on an annualized basis . □ There is no current intention to change our distribution policy . Our distributions may exceed earnings . As a result, a portion of the distributions you rec
Slide 11: When Will RFT Provide Liquidity for Stockholders?
Realty Finance Trust, Inc. 11 WHEN WILL RFT PROVIDE LIQUIDITY FOR STOCKHOLDERS? □ The anticipated holding period for RFT shares is three to six years from the close of the initial public, non - listed offering of securities, which occurred in January of 2016 . □ The Board feels that Benefit Street,
Slide 12: Risk Factors
Realty Finance Trust, Inc. 12 RISK FACTORS Our potential risks and uncertainties are presented in the section titled “Item 1A. Risk Factors” disclosed in our Annual Rep ort on Form 10 - K for the year ended December 31, 2015. The following are some of the risks and uncertainties, although not all ri
Slide 13: Financing the Growth of Commercial Real Estate
Financing the Growth of Commercial Real Estate www.RealtyFinanceTrust.com ▪ AR Global will be handling Investor and Financial Advisor inquires during the transitional period. For account information, including balances and the status of submitted paperwork, please call us at (866) 902 - 0063 ▪ Finan
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