{"filing":{"accession_number":"0002035428-26-000040","cik":"0002035428","ticker":null,"company_name":"Franklin BSP Real Estate Debt, Inc.","form":"8-K","filing_date":"2026-06-15","report_date":null,"primary_document":"fbred-20260611.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000040/fbred-20260611.htm"},"events":[{"id":11141,"run_id":9764,"accession_number":"0002035428-26-000040","anchor_item_number":"2.03","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.6,"summary":"Franklin BSP Real Estate Debt, Inc. entered into Amendment No. 2 to an Uncommitted Master Repurchase Agreement with JPMorgan Chase Bank and executed an Amended and Restated Guarantee Agreement whereby the Company assumes guarantor obligations for its subsidiary's repurchase facility. The amendment modifies the agreement's Change of Control provisions and replaces the guarantor, creating material modifications to the Company's direct financial obligations.","company_name":"Franklin BSP Real Estate Debt, Inc.","ticker":null,"filing_date":"2026-06-15","form":"8-K","submitted_at":null,"items":[{"id":7654,"accession_number":"0002035428-26-000040","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 1.01 indicates entry into a material definitive agreement, but the actual substance is incorporated by reference from Item 2.03 (Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement). Without access to the Item 2.03 content, the specific nature of the financial obligation cannot be determined—it could relate to debt covenant issues, a new financing arrangement, or other material financial commitments. Classified as other_material due to insufficient information to assign a more specific event type.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T21:14:08.569326+00:00","company_name":"","ticker":null,"filing_date":""},{"id":7655,"accession_number":"0002035428-26-000040","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"The filing discloses Amendment No. 2 to an Uncommitted Master Repurchase Agreement with JPMorgan Chase Bank and a new Amended and Restated Guarantee Agreement whereby Franklin BSP Real Estate Debt, Inc. assumes guarantor obligations for its subsidiary's repurchase facility. While this creates a direct financial obligation under Item 2.03, it does not fit cleanly into the covenant_breach category (no breach is alleged) nor the dilutive_issuance category (no equity issuance). The amendment's addition of \"Change of Control\" events and replacement of the guarantor represent material modifications to the Company's financial obligations that would affect investor assessment, but the specific nature of the obligation modification and guarantee arrangement is best classified as other_material.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T21:14:08.569326+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":7654,"accession_number":"0002035428-26-000040","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 1.01 indicates entry into a material definitive agreement, but the actual substance is incorporated by reference from Item 2.03 (Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement). Without access to the Item 2.03 content, the specific nature of the financial obligation cannot be determined—it could relate to debt covenant issues, a new financing arrangement, or other material financial commitments. Classified as other_material due to insufficient information to assign a more specific event type.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T21:14:08.569326+00:00","company_name":"Franklin BSP Real Estate Debt, Inc.","ticker":null,"filing_date":"2026-06-15"},{"id":7655,"accession_number":"0002035428-26-000040","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"The filing discloses Amendment No. 2 to an Uncommitted Master Repurchase Agreement with JPMorgan Chase Bank and a new Amended and Restated Guarantee Agreement whereby Franklin BSP Real Estate Debt, Inc. assumes guarantor obligations for its subsidiary's repurchase facility. While this creates a direct financial obligation under Item 2.03, it does not fit cleanly into the covenant_breach category (no breach is alleged) nor the dilutive_issuance category (no equity issuance). The amendment's addition of \"Change of Control\" events and replacement of the guarantor represent material modifications to the Company's financial obligations that would affect investor assessment, but the specific nature of the obligation modification and guarantee arrangement is best classified as other_material.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T21:14:08.569326+00:00","company_name":"Franklin BSP Real Estate Debt, Inc.","ticker":null,"filing_date":"2026-06-15"}]}