Discontinued — last reported Q2 '23
Geographic · Number of lease renewal terms
Various — Number of lease renewal terms
Franklin BSP Realty Trust Various — Number of lease renewal terms decreased by 9.1% to $10 in Q2 2023 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ4 2022
Last reportedQ2 2023Jul 31, 2023
How to read this metric
An increase indicates high tenant satisfaction and stable occupancy, while a decrease may signal potential vacancy risks.
Detailed definition
Counts the number of existing tenant leases that have been successfully extended for an additional period. This metric s...
Peer comparison
Commonly reported by property managers and REITs as 'Lease Renewal Rate' or 'Renewal Count'.
Metric ID:
fbrt_segment_various_number_of_lease_renewal_termsHistorical Data
3 periods
| Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|
| Value | 11 | 11 | 10 |
| QoQ Change | — | +0.0% | -9.1% |
Range10 – 11
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Frequently Asked Questions
- What is Franklin BSP Realty Trust's various — number of lease renewal terms?
- Franklin BSP Realty Trust (FBRT) reported various — number of lease renewal terms of $10 in Q2 2023.
- What does various — number of lease renewal terms mean?
- The number of existing tenant leases that were extended during the period.