Want to see FBRT full AI Analyst Report?
Assets by Segment
Breaks down where the company’s capital is invested across property types, geographic markets, or business lines, showing concentration and diversification. For a real estate trust, this reveals which asset classes drive value, where market or tenant risk is concentrated, and which segments offer the biggest growth or income potential.FBRT is clearly reallocating away from volatile securities and legacy REO into originated agency and core mortgage assets: Real Estate Securities were drawn down to near zero while REO has been reduced via sales, and an Agency Business balance appears in 2026 consistent with NewPoint integration and agency originations. The core debt book remains largest but has softened as management uses CLO issuance, buybacks and selective equity deployments to reshape the balance sheet; credit provisioning and watch-list loans remain the primary near-term risk to earnings despite improving funding and origination momentum.
Date | Real Estate Debt & Other Real Estate Investments | Real Estate Securities | TRS | Real Estate Owned | Agency Business |
|---|---|---|---|---|---|
Jun 30, 2026 | $5.24B | $0.00 | $25.25M | $365.06M | $755.14M |
Mar 31, 2026 | $4.95B | $0.00 | $198.05M | $389.02M | $760.09M |
Dec 31, 2025 | $4.80B | $857.56M | $33.02M | $368.80M | $0.00 |
Sep 30, 2025 | $4.66B | $1.11B | $54.49M | $389.86M | $0.00 |
Jun 30, 2025 | $5.06B | $85.11M | $54.30M | $433.53M | $0.00 |
Mar 31, 2025 | $4.97B | $169.69M | $51.05M | $460.84M | $0.00 |
Dec 31, 2024 | $5.26B | $205.76M | $128.43M | $407.18M | $0.00 |
Sep 30, 2024 | $5.59B | $214.56M | $77.46M | $451.26M | $0.00 |
Jun 30, 2024 | $5.51B | $220.00M | $99.29M | $440.14M | $0.00 |
Mar 31, 2024 | $5.43B | $221.87M | $106.90M | $271.04M | $0.00 |