STOCK TITAN

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.

Rhea-AI Summary

BrightSpire Capital (NYSE: BRSP) will release its second quarter 2024 financial results on July 30, 2024, after market close. A conference call to discuss these results will be held on July 31, 2024, at 10:00 a.m. ET. The call will be accessible via telephone and a live webcast on the Company's website. A replay of the call will be available until August 7, 2024. BrightSpire Capital is a leading commercial real estate (CRE) credit REIT focused on CRE debt investments and net leased properties, primarily in the U.S.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.03%
Tags
conferences earnings
-
Rhea-AI Summary

BrightSpire Capital (NYSE: BRSP) has announced a $0.20 per share dividend for its Class A common stock for Q2 2024.

The dividend will be paid on July 15, 2024, to shareholders recorded by June 28, 2024. BrightSpire Capital is an internally managed REIT focusing primarily on commercial real estate (CRE) debt investments and net leased properties in the U.S. The company is structured as a Maryland and operates under REIT taxation for federal income tax purposes.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
Tags
dividends earnings
-
Rhea-AI Summary

BrightSpire Capital (NYSE: BRSP) will participate in Nareit's REITweek 2024 Investor Conference on June 4, 2024, at 1:30 pm ET. CEO Mike Mazzei and senior management will join a fireside chat moderated by Steve DeLaney from Citizens JMP, accessible via live audio webcast on the company's website. A replay will be available post-event. Additionally, the management team will host investor meetings on June 4-5, 2024, at New York Hilton Midtown. Investors can schedule meetings by contacting Investor Relations. BrightSpire Capital is a major publicly traded CRE credit REIT, primarily investing in first mortgage loans and net leased properties in the U.S.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.92%
Tags
conferences
Rhea-AI Summary

BrightSpire Capital, Inc. (NYSE: BRSP) reported first quarter 2024 GAAP net loss of ($57.1) million, Distributable Earnings of $22.5 million, and Adjusted Distributable Earnings of $29.7 million. GAAP net book value was $9.10 per share with a dividend of $0.20 per share. The Company also announced a stock repurchase program up to $50 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
-
Rhea-AI Summary
BrightSpire Capital, Inc. (BRSP) announced the release of its first quarter 2024 financial results on May 1, 2024. The Company will host a conference call to discuss the results, accessible via phone or webcast. A replay will be available for those unable to participate live.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
-
Rhea-AI Summary
BrightSpire Capital, Inc. (BRSP) declares a dividend of $0.20 per share for the quarter ending March 31, 2024, payable on April 15, 2024. Stockholders of record as of March 29, 2024, will receive the dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.38%
Tags
dividends earnings
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
Tags
none
-
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.17%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
Tags
dividends
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
Tags

FAQ

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.

BrightSpire Capital, Inc.

NYSE:BRSP

BRSP Rankings

BRSP Stock Data

829.54M
130.64M
2.09%
57.93%
1.38%
Trusts, Estates, and Agency Accounts
Finance and Insurance
Link
United States of America
NEW YORK