{"filing":{"accession_number":"0002035428-26-000036","cik":"0002035428","ticker":null,"company_name":"Franklin BSP Real Estate Debt, Inc.","form":"8-K","filing_date":"2026-06-05","report_date":null,"primary_document":"fbred-20260601.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000036/fbred-20260601.htm"},"events":[{"id":6695,"run_id":5860,"accession_number":"0002035428-26-000036","anchor_item_number":"3.02","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Franklin BSP Real Estate Debt, Inc. disclosed an unregistered sale of 966,315.02 shares across three classes of common stock (Class G, Class G-D, and Class G-S) for aggregate consideration of $24,035,950 on June 1, 2026, pursuant to Section 4(a)(2) and Regulation D exemptions. This is a classic private placement of equity securities that dilutes existing shareholders and raises capital, fitting the dilutive_issuance category. The materiality is evident from the substantial dollar amount raised and the continuous nature of the offering.","company_name":"Franklin BSP Real Estate Debt, Inc.","ticker":null,"filing_date":"2026-06-05","form":"8-K","submitted_at":null,"items":[{"id":4722,"accession_number":"0002035428-26-000036","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Franklin BSP Real Estate Debt, Inc. disclosed an unregistered sale of 966,315.02 shares across three classes of common stock (Class G, Class G-D, and Class G-S) for aggregate consideration of $24,035,950 on June 1, 2026, pursuant to Section 4(a)(2) and Regulation D exemptions. This is a classic private placement of equity securities that dilutes existing shareholders and raises capital, fitting the dilutive_issuance category. The materiality is evident from the substantial dollar amount raised and the continuous nature of the offering.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T19:16:05.808200+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":4722,"accession_number":"0002035428-26-000036","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Franklin BSP Real Estate Debt, Inc. disclosed an unregistered sale of 966,315.02 shares across three classes of common stock (Class G, Class G-D, and Class G-S) for aggregate consideration of $24,035,950 on June 1, 2026, pursuant to Section 4(a)(2) and Regulation D exemptions. This is a classic private placement of equity securities that dilutes existing shareholders and raises capital, fitting the dilutive_issuance category. The materiality is evident from the substantial dollar amount raised and the continuous nature of the offering.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T19:16:05.808200+00:00","company_name":"Franklin BSP Real Estate Debt, Inc.","ticker":null,"filing_date":"2026-06-05"}]}