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BrightSpire Capital, Inc. - BRSP STOCK NEWS

Welcome to our dedicated page for BrightSpire Capital news (Ticker: BRSP), a resource for investors and traders seeking the latest updates and insights on BrightSpire Capital stock.

BrightSpire Capital, Inc. (NYSE: BRSP) is an internally-managed commercial real estate credit REIT. The company specializes in originating, acquiring, financing, and managing a diversified portfolio of commercial real estate debt and net lease real estate investments, primarily within the United States. By investing in CRE debt instruments, BrightSpire Capital aims to generate consistent risk-adjusted returns for its stakeholders.

Originally known as Colony Credit Real Estate, Inc. (CLNC), the company underwent a significant internalization of its management and operations, leading to a rebranding on April 30, 2021. The transformation brought a new level of focus and dedication to its business model.

The company's core business segments include Senior and Mezzanine Loans and Preferred Equity, Net Leased and Other Real Estate, and Corporate and Other. These segments allow BrightSpire Capital to offer a range of solutions across the capital stack, ensuring flexibility and stability.

The team at BrightSpire Capital includes seasoned real estate finance professionals with a demonstrated track record. They are committed to providing flexible solutions and prioritizing stability, clarity, and collaboration in all processes and deal executions.

Recent achievements and projects include the successful origination and management of first mortgage loans, which have proven effective in meeting the company's objectives. Additionally, geographically, the company generates its revenue predominantly from operations within the United States.

The latest news and updates about BrightSpire Capital, Inc. are essential for stakeholders wishing to stay informed about the company's performance, events, and developments. For the most current data, refer to news sources directly from BrightSpire Capital, Inc.

News

BrightSpire Capital, Inc. Announces 2024 Annual Meeting of Stockholders

Rhea-AI Summary
BrightSpire Capital, Inc. (BRSP) has scheduled its 2024 Annual Meeting of Stockholders for May 16, 2024, with a record date of March 22, 2024. The meeting will be held virtually at 10:00 am Eastern Time, as announced by the Board of Directors.
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BrightSpire Capital, Inc. Announces Fourth Quarter & Full Year 2023 Financial Results

Rhea-AI Summary
BrightSpire Capital, Inc. (BRSP) announced its financial results for Q4 and full year 2023, reporting a GAAP net loss for Q4 but positive Distributable Earnings and Adjusted Distributable Earnings. The company highlighted progress on watchlist assets and plans to redeploy capital. A conference call is scheduled for February 21, 2024, and a dividend of $0.20 per share was declared for Q4 2023.
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BrightSpire Capital Announces Tax Treatment of 2023 Dividends

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BrightSpire Capital, Inc. (NYSE: BRSP) has announced the tax treatment of its 2023 common stock dividends. The company distributed a total of $0.80 per share as dividends for the tax year ended December 31, 2023. The dividends were classified as taxable ordinary dividends and return of capital. More information can be found on the company's investor relations website.
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BrightSpire Capital, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Date

Rhea-AI Summary
BrightSpire Capital, Inc. (BRSP) will release its fourth quarter and full year 2023 financial results on February 21, 2024, followed by a conference call to discuss the results. The call will be available for replay for 90 days and can be accessed through the company's website. International callers can participate by dialing the provided numbers.
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BrightSpire Capital Announces $0.20 Per Share Dividend for Fourth Quarter 2023

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BrightSpire Capital, Inc. (NYSE: BRSP) declares a dividend of $0.20 per share of Class A common stock for the quarter ending December 31, 2023.
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BrightSpire Capital, Inc. Announces Third Quarter 2023 Financial Results

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BrightSpire Capital, Inc. (NYSE: BRSP) reported third quarter 2023 GAAP net income of $12.4 million, or $0.09 per share. The Company also reported Distributable Earnings of $31.0 million, or $0.24 per share, and Adjusted Distributable Earnings of $35.8 million, or $0.28 per share. GAAP net book value was $10.11 per share and undepreciated book value was $11.55 per share as of September 30, 2023.
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BrightSpire Capital, Inc. Announces Third Quarter 2023 Earnings Results and Conference Call Date

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BrightSpire Capital, Inc. to release Q3 2023 financial results
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BrightSpire Capital Announces $0.20 Per Share Dividend for Third Quarter 2023

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BrightSpire Capital declares dividend of $0.20 per share for Q3 2023.
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BrightSpire Capital, Inc. Announces Second Quarter 2023 Financial Results

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BrightSpire Capital, Inc. Announces Second Quarter 2023 Earnings Results and Conference Call Date

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BrightSpire Capital, Inc. (NYSE: BRSP) will release second quarter 2023 financial results on August 2, 2023. A conference call will be held to discuss the results at 10:00 a.m. ET/ 7:00 a.m. PT. The call will be broadcast live over the Internet and a webcast will be available on the company's website for 90 days.
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FAQ

What is the current stock price of BrightSpire Capital (BRSP)?

The current stock price of BrightSpire Capital (BRSP) is $6.18 as of November 21, 2024.

What is the market cap of BrightSpire Capital (BRSP)?

The market cap of BrightSpire Capital (BRSP) is approximately 802.1M.

What is BrightSpire Capital, Inc.?

BrightSpire Capital, Inc. is an internally-managed commercial real estate credit REIT focused on originating, acquiring, financing, and managing commercial real estate debt and net lease investments in the United States.

What services does BrightSpire Capital offer?

BrightSpire Capital offers a range of services across the capital stack, including originating, acquiring, financing, and managing commercial real estate debt and net lease real estate investments.

When did BrightSpire Capital rebrand from Colony Credit Real Estate, Inc.?

BrightSpire Capital rebranded from Colony Credit Real Estate, Inc. on April 30, 2021, following an internalization of its management and operations.

What are the core business segments of BrightSpire Capital?

The core business segments include Senior and Mezzanine Loans and Preferred Equity, Net Leased and Other Real Estate, and Corporate and Other.

Where does BrightSpire Capital generate its revenue?

BrightSpire Capital generates its revenue predominantly from operations within the United States.

What is the focus of BrightSpire Capital's investments?

The focus of BrightSpire Capital's investments is on generating consistent risk-adjusted returns through commercial real estate debt investments.

Who makes up the team at BrightSpire Capital?

The team consists of seasoned real estate finance professionals with a proven track record in providing flexible solutions and prioritizing stability, clarity, and collaboration.

What types of loans does BrightSpire Capital manage?

BrightSpire Capital manages first mortgage loans as part of its strategy to generate consistent risk-adjusted returns.

How can I stay updated on the latest news from BrightSpire Capital?

You can stay updated on the latest news by following updates directly from BrightSpire Capital, Inc. and other reliable news sources.

What are the recent achievements of BrightSpire Capital?

Recently, BrightSpire Capital has successfully originated and managed first mortgage loans and expanded its diversified portfolio within the commercial real estate sector.

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BrightSpire Capital, Inc.

NYSE:BRSP

BRSP Rankings

#2726 Ranked by Market Cap
#174 Ranked by Dividends

BRSP Stock Data

802.10M
126.96M
2.1%
65.86%
1.53%
REIT - Mortgage
Real Estate Investment Trusts
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United States of America
NEW YORK