EX-21 2 fbrt-exhibit21_12312023.htm EX-21

Exhibit 21

Subsidiaries of Franklin BSP Realty Trust, Inc.

Name			Jurisdiction of Incorporation/Formation
Benefit Street Partners L.L.C.			Delaware
Benefit Street Partners Realty Operating Partnership, L.P.			Delaware
Benefit Street Partners Realty Trust LP, LLC			Delaware
Benefit Street Partners Realty Trust TRS, LLC			Delaware
BSPRT 2019-FL5 Co-Issuer, LLC			Delaware
BSPRT 2019-FL5 Holder, LLC			Delaware
BSPRT 2019-FL5 Issuer, Ltd.			Cayman
BSPRT 2019-FL5 Seller, LLC			Delaware
BSPRT 2020-C9 Owner, LLC			Delaware
BSPRT 2021-FL6 Co-Issuer, LLC			Delaware
BSPRT 2021-FL6 Holder, LLC			Delaware
BSPRT 2021-FL6 Issuer, Ltd.			Cayman
BSPRT 2021-FL6 Seller, LLC			Delaware
BSPRT 2021-FL7 Co-Issuer, LLC			Delaware
BSPRT 2021-FL7 Holder, LLC			Delaware
BSPRT 2021-FL7 Issuer, Ltd.			Cayman
BSPRT 2021-FL7 Seller, LLC			Delaware
BSPRT 2022-FL8 Co-Issuer, LLC			Delaware
BSPRT 2022-FL8 Holder, LLC			Delaware
BSPRT 2022-FL8 Issuer, Ltd.			Cayman
BSPRT 2022-FL8 Seller, LLC			Delaware
BSPRT 2022-FL9 Holder, LLC			Delaware
BSPRT 2022-FL9 Issuer, LLC			Delaware
BSPRT 2022-FL9 Seller, LLC			Delaware
BSPRT 2023-FL10 Holder, LLC			Delaware
BSPRT 2023-FL10 Issuer, LLC			Delaware
BSPRT 2023-FL10 Seller, LLC			Delaware
BSPRT Atlas Mezzanine Loan Seller, LLC			Delaware
BSPRT Atlas Mezzanine Loan Subsidiary, LLC			Delaware
BSPRT BB Fixed, LLC			Delaware
BSPRT BB Float, LLC			Delaware
BSPRT BB Loan, LLC			Delaware
BSPRT CMBS Finance, LLC			Delaware
BSPRT CRE Cheyenne, LLC			Delaware
BSPRT CRE Equity, LLC			Delaware
BSPRT CRE Finance, LLC			Delaware
BSPRT CRE JAX Pref, LLC			Delaware
BSPRT CS Loan, LLC			Delaware
BSPRT Finance Counterparty, LLC			Delaware
BSPRT Finance Sub-Lender I, LLC			Delaware

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BSPRT Finance Sub-Lender II, LLC			Delaware
BSPRT High Yield Securities, LLC			Delaware
BSPRT Jeffersonville Member, LLC			Delaware
BSPRT Jeffersonville, LLC			Delaware
BSPRT JPM Loan, LLC			Delaware
BSPRT Knox Owner, LLC			Delaware
BSPRT Minn Owner, LLC			Delaware
BSPRT NOLA I Finance, LLC			Delaware
BSPRT Northbrook, LLC			Delaware
BSPRT Oliver Finance, LLC			Delaware
BSPRT OP Sub I, LLC			Delaware
BSPRT Pickwick, LLC			Delaware
BSPRT St. Louis Place, LLC			Delaware
BSPRT Walgreens Portfolio 1, LLC			Delaware
BSPRT Walgreens Portfolio 2, LLC			Delaware
BSPRT Walgreens Portfolio 3, LLC			Delaware
BSPRT Walgreens Portfolio 4, LLC			Delaware
BSPRT Walgreens Portfolio 5, LLC			Delaware
BSPRT Walgreens Portfolio 6, LLC			Delaware
BSPRT Walgreens Portfolio 7, LLC			Delaware
BSPRT Walgreens Portfolio 8, LLC			Delaware
BSPRT Walgreens Portfolio 9, LLC			Delaware
BSPRT Walgreens Portfolio 10, LLC			Delaware
BSPRT Walgreens Portfolio 11, LLC			Delaware
BSPRT Walgreens Portfolio 12, LLC			Delaware
BSPRT Walgreens Portfolio 13, LLC			Delaware
BSPRT Walgreens Portfolio 14, LLC			Delaware
BSPRT Walgreens Portfolio 15, LLC			Delaware
BSPRT Walgreens Portfolio 16, LLC			Delaware
BSPRT Walgreens Portfolio 17, LLC			Delaware
BSPRT Walgreens Portfolio 18, LLC			Delaware
BSPRT Walgreens Portfolio 19, LLC			Delaware
BSPRT Walgreens Portfolio 20, LLC			Delaware
BSPRT Walgreens Portfolio 21, LLC			Delaware
BSPRT Walgreens Portfolio 22, LLC			Delaware
BSPRT Walgreens Portfolio 23, LLC			Delaware
BSPRT Walgreens Portfolio 24, LLC			Delaware
BSPRT Walgreens Portfolio, LLC			Delaware
BSPRT WFB Loan, LLC			Delaware
Capstead Capital Corporation			Delaware
Capstead Inc.			Delaware

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Capstead Securities Holding, LLC			Delaware
CMC Securities Corporation IV			Delaware
FBRT BBSS Finance, LLC			Delaware
FBRT Churchill Finance, LLC			Delaware
FBRT Cienda Owner, LLC			Delaware
FBRT CPACE Titling Trust			Delaware
FBRT Fremont Owner, LLC			Delaware
FBRT Green Capital, LLC			Delaware
FBRT Lynx Owner, LLC			Delaware
FBRT Member LLC			Delaware
FBRT Printhouse Seller, LLC			Delaware
FBRT Printhouse, LLC			Delaware
FBRT Sub I, LLC			Delaware
FBRT Sub REIT			Maryland
FBRT Williamsburg, LLC			Delaware
Franklin BSP Green Capital, LLC			Delaware
Franklin BSP Realty Trust, Inc.			Maryland
Rodeo Sub I, LLC			Maryland