BrightSpire Capital, Inc.·Real Estate

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that Mike Mazzei, Chief Executive Officer, and other members of senior management will participate in a fireside chat presentation during Nareit's REITweek 2026 Investor Conference on Tuesday, June 2, 2026 at 9:30 a.m. ET at the New York Hilton Midtown. A live audio webcast will be available on the ‘Shareholders' section of the Company's website at www.brightspire.com. For.

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BrightSpire Capital trades at a deep discount to book value, but its double-digit dividend yield is not fully covered by earnings. BRSP's dividend coverage has declined to 88%, raising the likelihood of a future dividend cut to prevent further book value erosion. The portfolio is now heavily weighted to multifamily loans, with office exposure sharply reduced and new originations focused almost exclusively on multifamily.

BrightSpire Capital, Inc. (BRSP) Q1 2026 Earnings Call Transcript

BrightSpire (BRSP) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.16 per share a year ago.

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced its financial results for the first quarter 2026 and certain updates. The Company reported first quarter 2026 GAAP net income attributable to common stockholders of $4.8 million, or $0.03 per share, Distributable Earnings of $15.6 million, or $0.12 per share, and Adjusted Distributable Earnings of $18.2 million, or $0.14 per share. The Company reported GAAP net book value o.
BrightSpire Capital, Inc. operates as a commercial real estate (CRE) credit real estate investment trust in the United States. It focuses on originating, acquiring, financing, and managing a portfolio of CRE senior mortgage loans, mezzanine loans, preferred equity, debt securities, and net leased properties. The company qualifies as a real estate investment trust for federal income tax purposes. The company was formerly known as Colony Credit Real Estate, Inc. and changed its name to BrightSpire Capital, Inc. in June 2021. BrightSpire Capital, Inc. was incorporated in 2017 and is headquartered in New York, New York.
Real Estate
REIT - Diversified
48
2018-02-01
1.37