A real estate investment trust (REIT) is a company that owns, operates, or finances income-producing real estate, like shopping centers, apartments, or office buildings. For investors, REITs offer a way to invest in real estate without having to buy property directly, often providing regular income through dividends. They function like a mutual fund for real estate, making it easier for people to add property investments to their portfolio.
commercial real estatefinancial
Commercial real estate is property used to run businesses or earn rental income—examples include office buildings, shopping centers, warehouses and apartment complexes leased to tenants. Investors care because these properties generate regular cash flow through rent and can change value with the economy, interest rates and local demand, so owning them is like owning a small business that depends on customers, location and ongoing costs.
crefinancial
Commercial real estate (CRE) means buildings and land used to generate income—like offices, shopping centers, warehouses and apartment complexes. Investors care because CRE produces rent, affects a company’s costs and value, and is sensitive to interest rates and the economy; think of it as a business’s rental property whose income and price can swing with market demand and borrowing costs, influencing returns and risk.
first mortgage loansfinancial
A first mortgage loan is a loan secured by real estate that has the primary legal claim on the property, meaning the lender is first in line to be repaid from the sale proceeds if the borrower defaults. Investors care because this priority lowers credit risk compared with subordinate loans, affecting the safety and return of mortgage-backed securities, bank balance sheets, and mortgage lending portfolios — like being first in line for repayment if an asset must be sold.
net leased propertiesfinancial
Net leased properties are real estate investments where the tenant pays the regular rent plus some or all of the property’s operating costs—such as taxes, insurance and maintenance—so the owner receives more predictable cash flow and has less day-to-day management. For investors, they matter because they act like a long-term, low-maintenance income stream whose value depends on the tenant’s financial strength and the length and terms of the lease, much like buying a vending machine that someone else keeps stocked.
reit for u.s. federal income tax purposesfinancial
A REIT for U.S. federal income tax purposes is a company that meets specific IRS rules to be taxed like a real-estate pass-through: it earns income mainly from property, distributes most of its taxable income to shareholders, and follows limits on its assets and ownership. This status matters to investors because it typically avoids corporate-level tax on distributed earnings, so returns arrive mainly as regular dividends—think of it as a channel that passes rent and property income straight to owners, with different tax rules than ordinary corporate profits.
NEW YORK--(BUSINESS WIRE)--
BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced it will release fourth quarter and full year 2025 financial results on Tuesday, February 17, 2026, after the market closes. The Company will conduct a conference call to discuss the results on Wednesday, February 18, 2026, at 10:00 a.m. ET / 7:00 a.m. PT.
To participate in the event by telephone, please dial (833) 821-4389 ten minutes prior to the start time (to allow time for registration). International callers should dial (412) 652-1257. The call will also be broadcast live over the Internet and can be accessed on the ‘Shareholders’ section of the Company’s website at www.brightspire.com. A webcast of the call will be available for 90 days on the Company’s website.
For those unable to participate during the live call, a replay will be available starting February 18, 2026, at 1:00 p.m. ET / 10:00 a.m. PT, through February 25, 2026, at 11:59 p.m. ET / 8:59 p.m. PT. To access the replay, dial (844) 512-2921 and use conference ID code 10204912. International callers should dial (412) 317-6671 and enter the same conference ID.
About BrightSpire Capital, Inc.
BrightSpire Capital, Inc. (NYSE: BRSP) is internally managed and one of the largest publicly traded commercial real estate (CRE) credit REITs, focused on originating, acquiring, financing and managing a diversified portfolio consisting primarily of CRE debt investments and net leased properties predominantly in the United States. CRE debt investments primarily consist of first mortgage loans, which we expect to be the primary investment strategy. BrightSpire Capital is organized as a Maryland corporation and taxed as a REIT for U.S. federal income tax purposes. For additional information regarding the Company and its management and business, please refer to www.brightspire.com.
