Franklin BSP Realty Trust, Inc. (FBRT) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to Franklin BSP Realty Trust first quarter 2025 earnings conference call. All participants will be in the listen only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, press star then one on your touchtone keypad. To withdraw your question, please press star, then two. This event is being recorded. I would now like to turn the conference over to Lindsay Crabb, Head of Investor Relations. Please go ahead. Good morning. Thank you for hosting our call today, and welcome to the FDRT First Quarter Earnings Conference Call. As the operator mentioned, I'm Lindsay Crabb. With me on the call today are Rich Byrne, Chairman and CEO of FDRT, Gary Baglian, Chief Financial Officer in Chief Operating Officer of FBRT and Mike Camperato, President of FBRT. Before we begin, I want to mention that some of today's comments are forward-looking statements and are based on certain assumptions. Those comments and assumptions are subject to inherent risks and uncertainties. I subscribe that our most recently filed SEC periodic reports and actual future results may differ materially. The information conveyed on this call is current only as of the date of this call, April 29, 2025. The company assumes no obligation to update any statements made during this call, including any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Additionally, we will refer to certain non-GAAP financial measures, which are reconciled to GAAP figures in our earnings release and supplementary slide deck, each of which are available on our website at www.fbrtreit.com. ...