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 (CRE) credit REIT focused on originating, acquiring, financing and managing a diversified portfolio consisting primarily of CRE debt investments and net leased properties in the United States. Its news flow reflects this focus, with regular updates on earnings, dividends, financing arrangements and portfolio activity.
On this page, readers can review press releases in which BrightSpire Capital reports quarterly financial results, including GAAP net income or loss attributable to common stockholders, Distributable Earnings and Adjusted Distributable Earnings, as well as GAAP and undepreciated book value per share as of quarter-end dates. The company also announces the timing of its earnings releases and conference calls, providing dial-in details and information about webcasts hosted through the Shareholders section of its website.
Dividend-related announcements are a recurring feature of BRSP news. The company’s Board of Directors has declared quarterly cash dividends on its Class A common stock, with press releases specifying per-share amounts, record dates and payment dates. These releases often appear alongside or between earnings updates, giving investors insight into the company’s distribution practices as a REIT.
In addition, BrightSpire Capital issues news about financing activities and transactions involving its subsidiaries. An example includes a senior mortgage loan provided by a finance subsidiary to refinance a multifamily property, illustrating how the company participates in commercial real estate lending. Together, these items create a news record that covers operating performance, capital allocation, financing relationships and selected transaction activity.
Investors and analysts can use this news page to follow BrightSpire Capital’s recurring disclosures, monitor its quarterly reporting cycle and review announcements related to dividends, credit facilities and commercial real estate financing activity linked to the BRSP ticker.
BrightSpire Capital (NYSE: BRSP), an internally managed commercial real estate credit REIT, announced its participation in Nareit's REITweek 2025 Investor Conference. CEO Mike Mazzei and senior management will conduct a fireside chat presentation on June 3, 2025, at 8:45 am ET at the New York Hilton Midtown. The presentation will be available via live audio webcast on the company's website, with a replay option available afterward. The management team will also host investor meetings on June 3-4, 2025.
BrightSpire Capital specializes in CRE debt investments, primarily first mortgage loans, and net leased properties in the United States. The company operates as a Maryland corporation and is taxed as a REIT for U.S. federal income tax purposes.
BrightSpire Capital reported its Q1 2025 financial results with GAAP net income of $5.3 million ($0.04 per share). The company achieved Distributable Earnings of $11.4 million ($0.09 per share) and Adjusted Distributable Earnings of $20.1 million ($0.16 per share).
Key highlights include:
- GAAP net book value: $7.92 per share
- Undepreciated book value: $8.75 per share
- Quarterly cash dividend: $0.16 per share
- New $50 million stock repurchase program authorized until April 2026
CEO Michael J. Mazzei noted a productive start to 2025 with positive net deployment, reduced leverage, and stable watchlist and CECL reserves. The company plans to continue resolving watchlist and REO assets while expanding through new loan originations. The slight decrease in book value was attributed to equity grants from their annual compensation program.
BrightSpire Capital (NYSE: BRSP) has scheduled its first quarter 2025 financial results announcement for Tuesday, April 29, 2025, after market close. The company will host a conference call to discuss the results on Wednesday, April 30, 2025, at 10:00 a.m. ET.
Participants can join the call by dialing (833) 821-4389 domestically or (412) 652-1257 internationally. The webcast will be available on the company's website for 90 days, with a replay accessible from April 30 through May 7, 2025.
BrightSpire Capital is an internally managed commercial real estate (CRE) credit REIT, primarily focusing on first mortgage loans and net leased properties in the United States. The company operates as a REIT for U.S. federal income tax purposes.
BrightSpire Capital (NYSE: BRSP) has declared a quarterly dividend of $0.16 per share of Class A common stock for Q1 2025. The dividend will be paid on April 15, 2025 to stockholders of record as of March 31, 2025.
BrightSpire Capital is an internally managed commercial real estate (CRE) credit REIT, focusing on originating, acquiring, financing, and managing a diversified portfolio of CRE debt investments and net leased properties in the United States. The company's primary investment strategy centers on first mortgage loans.
BrightSpire Capital (NYSE: BRSP) has announced its 2025 Annual Meeting of Stockholders, scheduled for May 14, 2025 at 10:00 am Eastern Time. The meeting will be held virtually, with March 24, 2025 set as the record date.
BrightSpire Capital is an internally managed commercial real estate (CRE) credit REIT, focusing on:
- Originating, acquiring, and managing CRE debt investments
- Managing net leased properties predominantly in the United States
- First mortgage loans as primary investment strategy
The company is structured as a Maryland and operates as a REIT for U.S. federal income tax purposes.
BrightSpire Capital (NYSE: BRSP) reported its Q4 and full-year 2024 financial results. The company posted a Q4 GAAP net loss of ($19.7) million, or ($0.16) per share, with Distributable Earnings of $13.7 million ($0.11 per share) and Adjusted Distributable Earnings of $23.7 million ($0.18 per share).
For the full year 2024, BRSP recorded a GAAP net loss of ($132.0) million, or ($1.05) per share, Distributable Earnings of $71.2 million ($0.55 per share), and Adjusted Distributable Earnings of $109.2 million ($0.84 per share). The company reported a GAAP net book value of $8.08 per share and undepreciated book value of $8.89 per share as of December 31, 2024.
The Board declared a quarterly cash dividend of $0.16 per share for Q4 2024, paid on January 15, 2025.
BrightSpire Capital (NYSE: BRSP) has disclosed the tax treatment of its 2024 common stock dividends. The company distributed a total of $0.76 per share throughout 2024, with quarterly payments of $0.20 for the first three quarters and $0.16 for the fourth quarter.
The dividend distributions were characterized as follows: $0.247798 as Taxable Ordinary Dividends (including $0.003731 as Qualified Dividends and $0.247798 as 199A Dividends), and $0.512202 as Return of Capital. The payments were made on January 12, April 15, July 15, and October 15, 2024.
BrightSpire Capital (NYSE: BRSP) has announced its schedule for releasing fourth quarter and full year 2024 financial results. The company will release its results on Tuesday, February 18, 2025, after market close, followed by a conference call on Wednesday, February 19, 2025, at 10:00 a.m. ET.
The conference call will be accessible via telephone and internet broadcast. Participants can dial (877) 300-8521 domestically or (412) 317-6026 internationally. A webcast replay will be available for 90 days on the company's website, and a telephone replay will be accessible from February 19 to February 26, 2025.
BrightSpire Capital is an internally managed commercial real estate (CRE) credit REIT, primarily focusing on CRE debt investments, particularly first mortgage loans, and net leased properties in the United States.
BrightSpire Capital (NYSE: BRSP) has declared a quarterly dividend of $0.16 per share of Class A common stock for Q4 2024. The dividend will be paid on January 15, 2025 to stockholders of record as of December 31, 2024.
BrightSpire Capital is an internally managed commercial real estate (CRE) credit REIT, focusing on CRE debt investments, primarily first mortgage loans, and net leased properties in the United States.
BrightSpire Capital (NYSE: BRSP) reported its Q3 2024 financial results with GAAP net income of $12.7 million ($0.10 per share), Distributable Earnings of $17.9 million ($0.14 per share), and Adjusted Distributable Earnings of $27.0 million ($0.21 per share). The company reported GAAP net book value of $8.39 per share and undepreciated book value of $9.11 per share. The quarter was marked by a new CRE CLO execution, share repurchases, reinstated loan originations, and watchlist reductions. The Board declared a quarterly cash dividend of $0.16 per share, paid on October 15, 2024.
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