Capstead: Benefit Street REIT Reports Final Exchange Ratio for Capstead Merger and Reverse Stock Split

Franklin BSP Realty Trust, a publicly registered non-traded real estate investment trust formerly known as Benefit Street Partners Realty Trust Inc., has determined the final exchange ratio and cash consideration in anticipation of its upcoming merger with Capstead Mortgage Corporation (NYSE: CMO), a publicly traded residential mortgage REIT. The REIT also increased the size of [...] The post Benefit Street REIT Reports Final Exchange Ratio for Capstead Merger and Reverse Stock Split appeared first on The DI Wire.