Michael Comparato is the current CEO of Franklin BSP Realty Trust, having taken over the role in March 2023. Prior to this, he served as a managing director and head of real estate at Benefit Street Partners, the external manager...
Michael Comparato is the current CEO of Franklin BSP Realty Trust, having taken over the role in March 2023. Prior to this, he served as a managing director and head of real estate at Benefit Street Partners, the external manager for the company. He has extensive experience in finance and has been a key player in overseeing loan originations and investments since joining the Advisor in 2015. Comparato's prior experience includes leading U.S. Equity Investments at Ladder Capital Corp. and managing operations at BankAtlantic Commercial Mortgage Capital. Under his guidance, the company emphasizes long-term performance, aligning executive compensation closely with shareholder interests. Interestingly, in 2023, his total compensation amounted to $974,400, primarily from vested stock awards, as he doesn't receive cash bonuses or stock options. Comparato has been actively trading insider stock, demonstrating confidence in the company's future, with notable transactions reaching up to $4.75 million in value for 2024. This proactive approach reflects his commitment to the company's growth and investor well-being.