BrightSpire Capital SEC filings document the reporting framework of an internally managed commercial real estate credit REIT. Form 8-K filings furnish quarterly and annual financial results, supplemental financial disclosure presentations, dividend-related events, and material agreements tied to the company’s CRE debt portfolio and financing platform.
The filing record also covers commercial real estate CLO issuances, master repurchase agreements, guarantees, revolving credit facilities, subsidiary borrowers and issuers, and related capital-structure disclosures. Proxy materials document annual meeting matters, board governance, director elections, executive compensation, equity awards, and stockholder voting items for the Maryland corporation.
BrightSpire Capital, Inc. (BRSP) was the subject of a Schedule 13G reporting that Vanguard Capital Management beneficially owned 6,422,409 common shares, or 5.07%, as of September 30, 2026. Vanguard reported sole voting power over 961,915 shares and sole dispositive power over 6,422,409 shares, with no shared voting or dispositive power.
The reported position includes securities held by Vanguard funds and client accounts, plus holdings attributed to named Vanguard affiliates and business divisions. Vanguard stated that no other person's interest in the reported securities exceeded 5%. My Trieu-Gatt signed as Authorized Signatory, Head of Global Fund Administration.
BrightSpire Capital, Inc. reported $46.934 million of net income attributable to common stockholders in the third quarter of 2026, versus $984,000 a year earlier; nine-month net income was $33.447 million versus a $16.793 million loss. Quarterly total property and other income was $31.187 million, down from $35.049 million, while other gain, net was $60.322 million. Nine-month real-estate sales had a $351.4 million gross sale price; the industrial portfolio and one office property generated a $60.4 million net gain.
At September 30, 2026, loans and preferred equity, net, were $2,976.007 million, and the CECL reserve was $106.317 million, compared with $87.401 million at December 31, 2025. Two multifamily senior loans with a $64.0 million carrying value were in maturity default at quarter-end and were extended in October 2026 to August 2027. After receiving notice of default on mortgage notes cross-collateralized by five retail properties, receivers took control of three; BrightSpire expects the lender to continue pursuing remedies, which would result in loss of control over the remaining two properties.
BrightSpire Capital, Inc. (BRSP) reported third-quarter 2026 GAAP net income attributable to common stockholders of $46.9 million ($0.37 per share), versus $984,000 a year earlier. Net other gains were $60.3 million; Distributable Earnings were $10.3 million ($0.08 per share) and Adjusted Distributable Earnings were $17.8 million ($0.14 per share). GAAP and undepreciated book value were $7.08 and $7.87 per share, respectively, as of September 30, 2026.
Its loan portfolio was $3.1 billion across 111 loans, with $193 million of Q3 net deployment and $272 million committed across seven new senior loans. Watchlist loans were $187 million, or 6% of the portfolio; two office loans totaling $60 million were downgraded from risk rank 3 to 4. General CECL reserves were $107 million. The company sold its largest NNN industrial asset for $300 million gross; the buyer assumed a $200 million mortgage note.
After quarter-end, BRSP closed a $960 million CLO with an 88.0% advance rate and S+1.54% cost of funds before transaction costs; it includes $100 million of ramp-up proceeds and a 2.5-year reinvestment period. It also sold the Fort Worth multifamily REO for $32 million. The Q3 dividend of $0.16 per share was paid October 14, 2026.
BrightSpire Capital, Inc. completed a collateralized loan obligation through subsidiaries: BRSP 2026-FL4 Ltd. and BRSP 2026-FL4, LLC issued eight note classes, and the issuer issued 61,200 preferred shares with a $1,000-per-share liquidation preference. Class A Notes have $576 million principal and Class B Notes $67.2 million. The Notes mature at par in April 2044 unless redeemed or repaid earlier.
After fees and expenses, Securities proceeds purchased the initial collateral portfolio, funded an account for delayed and ramp-up collateral purchases, and repaid pre-closing financings. The six Offered Notes are limited-recourse obligations secured by collateral; Class F and Class G Notes are unsecured. An indirect BrightSpire subsidiary acquired 100% of the Class F and Class G Notes and Preferred Shares. The 30-month reinvestment period permits additional mortgage loans, combined loans, or participations. If either note-protection test is unsatisfied, interest proceeds and, if needed, principal proceeds are applied on the next payment date to redeem Offered Notes until the tests are satisfied. Separately, BrightSpire used cash on hand to redeem all 2024-FL2 notes and preferred shares by October 19, 2026.
BrightSpire Capital, Inc. (BRSP) is the issuer whose shares CWRE SSF Securities Holding, LP reports directly beneficially owning: 10,982,257 Class A common shares, approximately 8.7% of the class. Its general partner, investment manager and Hon Kit Shing—chief executive officer of Cottonwood Management, LLC, sole director of Fund GP and manager of Investment Advisers—may each be deemed to beneficially own the same shares; these are overlapping claims, not separate blocks.
Securities Holding purchased the shares using working capital, which may include margin loans made by brokerage firms in the ordinary course, at an aggregate purchase price of approximately $62,392,844, including brokerage commissions. BrightSpire had 126,524,180 shares outstanding as of July 28, 2026. The reporting persons state they may increase or reduce the position through open-market or private transactions and may communicate with BrightSpire, its stockholders and other market participants.
BrightSpire Capital, Inc. (BRSP) completed the sale of its Net Lease 1 Investment, two industrial properties in Arizona and California, on September 14, 2026 for total consideration of $300.0 million. The price was satisfied through assumption of a $94.0 million mortgage loan, assumption of a $106.0 million mezzanine loan, and $97.9 million of cash net of closing costs.
Pro forma as of June 30, 2026, cash and cash equivalents increase to $166.0 million and total liabilities decline to $2.70 billion, while total equity rises by $60.4 million to about $909.8 million, reflecting a pro forma gain on sale of $60.4 million. For 2025, pro forma net income attributable to common stockholders improves from a loss of $31.1 million to income of $27.7 million.
CWRE SSF Securities Holding, LP and related entities report beneficial ownership of BrightSpire Capital, Inc. Class A Common Stock. They collectively report 10,812,258 shares, representing 8.6% of the Class A common stock based on 126,524,180 shares outstanding as of July 28, 2026. The shares are held with shared voting and dispositive power and no sole voting or dispositive power. CWRE Special Situations Fund GP, LLC is general partner of CWRE SSF Securities Holding, LP, CW Investment Advisers, LLC is investment manager with discretionary authority, and Hon Kit Shing, as sole director/manager, could be deemed a beneficial owner. This Amendment No. 2 is filed solely to correct the name of one reporting person to "CW Investment Advisers, LLC"; all other previously reported ownership information remains unchanged.
BrightSpire Capital, Inc. has a significant shareholder group led by CWRE SSF Securities Holding, LP and related entities, which collectively report beneficial ownership of 10,812,258 shares of Class A common stock. This represents 8.6% of the outstanding Class A common stock of BrightSpire Capital, Inc.
The ownership is reported on a shared basis, with 0 shares having sole voting or dispositive power and 10,812,258 shares subject to shared voting and shared dispositive power for each reporting person. The percentage is based on 126,524,180 Class A shares outstanding as of July 28, 2026, as reported in BrightSpire Capital, Inc.'s Quarterly Report for the period ended June 30, 2026. The filing is made jointly by CWRE SSF Securities Holding, LP, CWRE Special Situations Fund GP, LLC, CW Investment Advisers, LLC and Hon Kit Shing, who each may be deemed to share beneficial ownership of these shares.
BrightSpire Capital, Inc. Class A common stock is reported as being held by investment entities affiliated with Nut Tree Capital. As of June 30, 2026, Nut Tree Capital Management, LP, Nut Tree Capital Management GP, LLC, and Jared R. Nussbaum may be deemed the beneficial owners of 1,937,826 shares, representing approximately 1.5% of the outstanding Class A common stock. The shares are held by Nut Tree Master Fund, LP, for which Nut Tree Capital Management acts as investment adviser. The Reporting Persons have shared voting and dispositive power over 1,937,826 shares and no sole voting or dispositive power, and now report ownership of 5 percent or less of this class.
Vanguard Capital Management filed an amended Schedule 13G reporting beneficial ownership in BrightSpire Capital Inc common stock. Vanguard reports beneficial ownership of 6,482,266 shares, representing 4.97% of the outstanding common stock. Vanguard has sole voting power over 980,134 shares and sole dispositive power over all 6,482,266 shares, with no shared voting or dispositive power. The filing aggregates holdings across Vanguard Capital Management LLC and specified affiliated entities and accounts, and states that no other single person’s interest in these securities exceeds 5% of the class.