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Investor to buy $15M preferred shares of Benefit Street Partners Realty Trust

An institutional investor committed to buy $15 million of Benefit Street Partners Realty Trust Inc.'s series A convertible preferred shares in one or more closings, pursuant to a purchase agreement with the real estate investment trust.

The shares shall be priced at $5,000 apiece plus accrued dividends, which is the initial liquidation preference per share of the preferred stock.