Franklin BSP Realty Trust Real Estate Owned — Operating Expenses, Adjusted decreased by 0.6% to $5.73M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 36.4%, from $9.00M to $5.73M. Over 3 years (FY 2022 to FY 2025), Real Estate Owned — Operating Expenses, Adjusted shows an upward trend with a 1129.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A decrease indicates improved operational efficiency or better cost control within the segment.
A non-GAAP measure of the total operating costs for the Real Estate Owned segment, adjusted to exclude specific non-recu...
Common in REIT reporting; comparable to adjusted operating expense metrics at peer firms.
fbrt_segment_real_estate_owned_operating_expenses_adjusted| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.25K | $4.25K | $4.25K | $4.25K | $991.50K | $991.50K | $991.50K | $991.50K | $1.19M | $2.30M | $4.37M | $8.86M | $9.00M | $9.90M | $6.92M | $5.76M | $5.73M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | >999% | +0.0% | +0.0% | +0.0% | +19.9% | +93.6% | +89.8% | +102.7% | +1.6% | +10.0% | -30.1% | -16.7% | -0.6% |
| YoY Change | — | — | — | — | >999% | >999% | >999% | >999% | +19.9% | +132.2% | +340.7% | +793.5% | +657.0% | +330.1% | +58.4% | -35.0% | -36.4% |