– USA, NY – Franklin BSP Realty Trust, Inc. (NYSE: FBRT) today announced the appointment of Joe Dumars to its Board as an Independent Director, effective January 1, 2023, to bring the Board to eight directors, of whom seven will be independent.
“We are very excited to have Joe Dumars join the Company’s Board of Directors and believe his extensive management background and diverse knowledge will further strengthen our Board,” said Chairman and CEO, Richard Byrne.
About Joe Dumars
Mr. Dumars is an experienced executive, owner, and operator of multiple businesses with a track record of accomplishments based on individual contribution, leadership and team building. Mr. Dumars has been the EVP and head of basketball operations for the National Basketball Association since 2022. Previously, Mr. Dumars was CSO for the Sacramento Kings NBA franchise from 2020 through 2022 and was president of the basketball division of Independent Sports & Entertainment, LLC, an integrated sports, media, entertainment, and management company from 2017 through 2019. Mr. Dumars began his professional career as a basketball player in 1985 when the Detroit Pistons franchise drafted him. He played for the team until 1999, being named an NBA All-Star six times, and served as president of basketball operations for the Pistons from 1999 to 2014.
Mr. Dumars has a B.S. in management from McNeese State University.
About Franklin BSP Realty Trust, Inc.
Franklin BSP Realty Trust, Inc. is a real estate investment trust that originates, acquires, and manages a diversified portfolio of commercial real estate debt secured by properties in the United States. As of September 30, 2022, FBRT had approximately $6.2 billion of assets. FBRT is externally managed by Benefit Street Partners L.L.C., a wholly-owned subsidiary of Franklin Resources, Inc.
For more information: https://www.fbrtreit.com/
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