BrightSpire Capital

BrightSpire Capital, Inc. operates as a real estate investment trust. It originates, acquires, finances, and manages diversified portfolio consisting primarily of commercial real estate (CRE) senior mortgage loans, mezzanine loans, preferred equity, debt securities and net leased properties predominantly in the United States. It operates through the following segments: Core Portfolio, and Legacy, Non-Strategic Portfolio. The Core Portfolio segment consists of Senior and Mezzanine Loans and Preferred Equity, CRE Debt Securities, Net Leased Real Estate, and Corporate segments. The Legacy, Non-Strategic Portfolio segment consists of direct investments in operating real estate such as multi-tenant office. The company was founded on August 23, 2017 and is headquartered in New York, NY.

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BrightSpire Capital reports solid Q4 earnings amidst market challenges

BrightSpire Capital's Q4 2022 performance reflects solid earnings and a strategic focus on managing its loan portfolio and liquidity.
While facing challenges in the office property sector, the company is well-prepared to leverage opportunities in the market through prudent lending strategies.
Proactive communication with investors and a clear focus on defending the balance sheet position BrightSpire for continued success in a dynamic market environment.
Anticipated market shifts and a disciplined approach to risk management position BrightSpire to navigate uncertainties and capitalize on emerging opportunities.

BrightSpire Capital reports Q1 earnings, focuses on balance sheet defense

BrightSpire Capital's Q1 performance focused on defending the balance sheet, managing risk ratings, and asset valuation adjustments.
Challenges include market impacts on asset values, limited lending opportunities, and potential erosion of dividend coverage over time.
Opportunities lie in potential capital deployment, stock buybacks, asset conversions, and shareholder engagement readiness.
The company's strengths include transparency in risk management, asset value preservation, and appreciation for shareholder support.

BrightSpire Capital reports solid Q2 performance amidst market challenges

BrightSpire Capital's Q2 2023 performance showed resilience in its multifamily portfolio and rent growth, despite challenges in apartment rental management and increased bad debt. The company is strategically managing expenses, considering higher yield originations, and evaluating opportunities in various loan segments. With a focus on liquidity and market re-entry, BrightSpire Capital aims to capitalize on potential market movements and optimize its portfolio for growth.

BrightSpire Capital reports solid Q3 earnings amid market challenges

BrightSpire Capital delivered a strong financial performance in Q3 2023, maintaining profitability and cash flow generation amidst market challenges and economic uncertainties.
The company's focus on liquidity management, dividend coverage, and strategic asset optimization underscores its commitment to shareholder value and financial stability.
While facing interest rate volatility and credit risks, BrightSpire's proactive approach to portfolio management and value enhancement positions it well to capitalize on opportunities and navigate evolving market conditions.

BrightSpire Capital reports strong Q4 performance amidst market challenges

BrightSpire Capital's Q4 2023 earnings call highlighted solid financial performance, prudent financial management, and strategic positioning in the commercial real estate debt markets.
The company faces challenges in navigating market dynamics and managing portfolio exposure but has opportunities for growth through capital deployment and portfolio expansion.
Overall, BrightSpire Capital's focus on maintaining liquidity, adjusting assets, and exploring new opportunities positions it well for future success and market leadership.

BrightSpire Capital reports Q1 loss, focuses on liquidity and risk management

BrightSpire Capital faced challenges in Q1 2024 due to market shifts and potential headwinds on earnings. Despite this, the company maintained strong liquidity and a sizable loan portfolio. Management's focus on resolving watch list assets indicates a proactive approach to managing risks.

BrightSpire Capital reports Q2 loss, focuses on loan originations

BrightSpire Capital navigated challenges in Q2 2024 with a focus on preserving shareholder equity through reduced dividends and initiating loan originations.
Despite impairments on legacy investments and increased CECL reserves, the company maintains confidence in portfolio stability and growth potential.
Management's strategic actions and confidence in the company's future outlook suggest a resilient approach to addressing financial headwinds and pursuing growth opportunities.

BrightSpire Capital reports solid Q3 earnings, eyes growth in 2025

BrightSpire Capital delivered strong financial performance in Q3 2024, supported by robust distributable earnings and liquidity.
Effective portfolio management, capital deployment, and differentiation strategies are key strengths for BrightSpire.
While challenges like risk management and competitive pressures exist, opportunities for growth and profitability are within reach.
Overall, BrightSpire's proactive approach and market positioning bode well for future success and earnings growth in 2025.

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BrightSpire Capital, Inc. is a real estate investment trust. It originates, acquires, finances, and manages portfolio consisting of commercial real estate (CRE) debt investments and net leased properties in the United States. It operates through the following segments: Senior Mezzanine Loans and Preferred Equity, Net Leased and other Real Estate, CRE Debt Securities, and Corporate. The Senior and Mezzanine Loans and Preferred Equity segment covers CRE debt investments including senior loans, mezzanine loans, and preferred equity interests as well as participations in such loans. The Net Leased and Other Real Estate segment includes investments in commercial real estate with long-term leases to tenants on a net lease basis. The CRE Debt Securities segment consists of securities investments previously consisting of BBB and some BB rated CMBS. the Corporate segment deals with corporate-level asset management and other fees. The company was founded on August 23, 2017 and is headquartered in New York, NY.

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NEW YORK--( BUSINESS WIRE )--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced the tax treatment of its 2022 common stock dividends. The following table summarizes BrightSpire Capital's common stock dividend payments for the tax year ended December 31, 2022.

BrightSpire Capital, Inc.; Tax Treatment of 2022 Dividends

NEW YORK--( BUSINESS WIRE )--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced it will release fourth quarter and full year 2022 financial results before the market opens on Tuesday, February 21, 2023. The Company will conduct a conference call to discuss the results the same day at 10:00 a.m. ET/ 7:00 a.m. PT.

BrightSpire Capital, Inc. Announces Fourth Quarter and Full Year 2022 Earnings Results and Conference Call Date

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NEW YORK--( BUSINESS WIRE )--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that the Company's Board of Directors has declared a dividend of $0.20 per share of Class A common stock for the quarter ending December 31, 2022. The dividend is payable on January 17, 2023 to stockholders of record as of December 31, 2022.

BrightSpire Capital Announces $0.20 Per Share Dividend for Fourth Quarter 2022

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BrightSpire Capital, Inc. (NYSE:BRSP ) Q3 2022 Earnings Conference Call November 2, 2022 10:00 AM ET Company Participants David Palame - General Counsel Mike Mazzei - Chief Executive Officer Andy Witt - President & Chief Operating Officer Frank Saracino - Chief Financial Officer Conference Call Participants Ethan Saghi - BTIG Stephen Laws - Raymond James Chris Muller - JMP Securities Matthew Erdner - JonesTrading Matthew Howlett - B. Riley Jade Rahmani - KBW Operator Greetings, and welcome to the BrightSpire Capital's Third Quarter 2022 Earnings Call.

BrightSpire Capital, Inc. (BRSP) Q3 2022 Earnings Call Transcript

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BrightSpire (BRSP) Tops Q3 Earnings Estimates

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced its financial results for the third quarter ended September 30, 2022 and certain updates.

BrightSpire Capital, Inc. Announces Third Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced it will release third quarter 2022 financial results before the market opens on Wednesday, November 2, 2022. The Company will conduct a conference call to discuss the results the same day at 10:00 a.m. ET/ 7:00 a.m. PT. To participate in the event by telephone, please dial (877) 407-0784 ten minutes prior to the start time (to allow time for registration). International cal

BrightSpire Capital, Inc. Announces Third Quarter 2022 Earnings Results and Conference Call Date

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BrightSpire Capital: 11.5% Dividend Yield And 38% Upside

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NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that the Company's Board of Directors has declared a dividend of $0.20 per share of Class A common stock for the quarter ending September 30, 2022. The dividend is payable on October 14, 2022 to stockholders of record as of September 30, 2022. About BrightSpire Capital, Inc. BrightSpire Capital, Inc. (NYSE: BRSP), formerly Colony Credit Real Estate, Inc. (NYSE: CLNC), is in

BrightSpire Capital Announces $0.20 Per Share Dividend for Third Quarter 2022

BrightSpire Capital, Inc. (NYSE:BRSP ) Q2 2022 Earnings Conference Call August 3, 2022 10:00 AM ET Company Participants David Palame - General Counsel, Secretary & Executive Vice President Michael Mazzei - Chief Executive Officer & Board Member Andrew Witt - President & Chief Operating Officer Frank Saracino - Chief Financial Officer, Treasurer & Executive Vice President Conference Call Participants Eric Hagen - BTIG Chris Muller - JMP Securities Operator Greetings, ladies and gentlemen and welcome to the BrightSpire Capital's Second Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.

BrightSpire Capital, Inc. (BRSP) CEO Michael Mazzei on Q2 2022 Results - Earnings Call Transcript

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BrightSpire (BRSP) Tops Q2 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced its financial results for the second quarter ended June 30, 2022 and certain updates. The Company reported second quarter 2022 GAAP net income attributable to common stockholders of $34.3 million, or $0.26 per share, and Distributable Earnings and Adjusted Distributable Earnings of $31.4 million, or $0.24 per share. The Company reported GAAP net book value of $11.26 per sha

BrightSpire Capital, Inc. Announces Second Quarter 2022 Financial Results

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NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced it will release second quarter 2022 financial results before the market opens on Wednesday, August 3, 2022. The Company will conduct a conference call to discuss the results the same day at 10:00 a.m. ET/ 7:00 a.m. PT. To participate in the event by telephone, please dial (877) 407-0784 ten minutes prior to the start time (to allow time for registration). International call

BrightSpire Capital, Inc. Announces Second Quarter 2022 Earnings Results and Conference Call Date

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that the Company's Board of Directors has declared a dividend of $0.20 per share of Class A common stock for the quarter ending June 30, 2022. The dividend is payable on July 15, 2022 to stockholders of record as of June 30, 2022. About BrightSpire Capital, Inc. BrightSpire Capital, Inc. (NYSE: BRSP), formerly Colony Credit Real Estate, Inc. (NYSE: CLNC), is internally mana

BrightSpire Capital Announces $0.20 Per Share Dividend for Second Quarter 2022

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NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that Mike Mazzei, Chief Executive Officer, will participate in a fireside chat presentation at Nareit's REITweek 2022 Investor Conference on Tuesday, June 7, 2022 at 9:30am ET at the New York Hilton Midtown hotel. The fireside chat presentation will also be audio webcast live over the Internet and can be accessed from the ‘Shareholders' section of the Company's website at w

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