
Wed Sep 25 09:24:24 UTC 2024: ## 1832 Asset Management Increases Stake in Franklin BSP Realty Trust
**New York, NY -** 1832 Asset Management L.P. has significantly increased its holdings in Franklin BSP Realty Trust, Inc. (NYSE: FBRT) during the second quarter. According to a recent filing with the Securities and Exchange Commission, the fund boosted its stake in the real estate investment trust by 55.6%, bringing its total ownership to 700,000 shares.
This move suggests that 1832 Asset Management believes in the future performance of Franklin BSP Realty Trust. The company’s confidence in the REIT may indicate a positive outlook for the real estate market or specific sectors in which Franklin BSP Realty Trust operates.
Further details about the reasoning behind the investment increase are not available in the SEC filing.