Welcome to our dedicated page for BrightSpire Capital SEC filings (Ticker: BRSP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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.
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.
BrightSpire Capital, a commercial real estate credit REIT, reported consolidated assets of $3,747,733 thousand at June 30, 2026. The balance sheet is dominated by loans and preferred equity held for investment, net of $2,795,005 thousand, plus real estate, net of $450,338 thousand and assets held for sale of $248,418 thousand. Total stockholders’ equity was $862,980 thousand, with 126,789,991 Class A common shares outstanding.
For the quarter, net loss attributable to common stockholders was $18,334 thousand, or $0.15 per basic and diluted share, improving from a loss of $23,118 thousand, or $0.19 per share, a year earlier. Net interest income rose slightly to $17,229 thousand, while property operating income declined to $30,435 thousand from $35,670 thousand. Expenses included an increase of current expected credit loss reserve of $13,502 thousand and impairment of operating real estate of $9,270 thousand, down from $51,127 thousand in the prior-year quarter.
Operating activities provided $40,341 thousand of cash in the first six months of 2026. Investing activities used $247,315 thousand as the company originated or funded $559,455 thousand of new loans and preferred equity and received $292,980 thousand of repayments, while also acquiring a multifamily property through foreclosure. Financing activities provided $202,859 thousand, including net activity under securitization bonds and credit facilities together with common dividends and share repurchases.
BrightSpire Capital, Inc. reported second quarter 2026 results with a GAAP net loss attributable to common stockholders of ($18.3 million), or ($0.15) per share. Non-GAAP metrics were stronger, with Distributable Earnings of $15.8 million ($0.12 per share) and Adjusted Distributable Earnings of $16.8 million ($0.13 per share). GAAP net book value was $6.81 per share, and undepreciated book value was $8.10 per share as of June 30, 2026.
The commercial real estate loan portfolio totaled $2.9 billion across 106 loans with a weighted average unlevered all-in yield of 7.2% and a predominantly floating-rate profile. BrightSpire achieved $196 million of positive net deployment in the quarter, committing $319 million across 10 new senior loans and receiving $123 million of repayments. Total liquidity was $131 million, debt-to-equity was 2.7x, and the blended all-in cost of financing was 5.50%.
Credit quality indicators included a general CECL reserve of $99.7 million, or $0.79 per share (327 bps), and watch list loans of $136 million, or 5% of the loan portfolio. The company owned six REO assets totaling $330 million and executed contracts to sell two multifamily REO properties and an industrial net lease asset for a $300 million gross sales price, with the buyer assuming a $200 million mortgage. BrightSpire repurchased 3.8 million shares for $21.0 million at an average price of $5.46 and paid a second-quarter dividend of $0.16 per share.
BrightSpire Capital, Inc. has agreed to sell its “Net Lease 1 Investment,” two industrial properties in Tolleson, Arizona and Tracy, California, for a total purchase price of $300,000,000. The buyers, ALTOAZ001 LLC and ALTRCA001 LLC, will pay the price at closing and must post a $6,000,000 earnest money deposit within three business days of the effective date.
The transaction is expected to close by September 14, 2026, subject to several conditions, including the buyers’ assumption of existing mortgage and mezzanine loans with lender approval, so completion is not assured. As of March 31, 2026, the investment had a GAAP carrying value of about $239 million and an undepreciated carrying value of about $306 million, both including roughly $14 million of straight-line rent receivable. This prospective sale continues BrightSpire’s plan to rotate out of owned real estate and focus on first mortgage loans.
SCHWARTZ VERNON B reported acquisition or exercise transactions in this Form 4 filing.
BrightSpire Capital, Inc. director Vernon B. Schwartz received a grant of 22,085 shares of Class A common stock as 2026 annual equity consideration under the company’s non-executive director compensation policy. The award carries no cash cost to him and increases his direct holdings to 139,580 shares.
The granted shares will vest on May 20, 2027, meaning Schwartz must remain eligible through that date to fully earn the equity. This is a routine compensation-related equity award rather than an open-market stock purchase or sale.
Long Catherine F. reported acquisition or exercise transactions in this Form 4 filing.
BrightSpire Capital, Inc. director Catherine F. Long received a grant of 22,085 shares of Class A common stock as part of her 2026 annual equity consideration under the company’s non-executive director compensation policy. These shares will vest on May 20, 2027, and her direct holdings after this grant total 92,210 shares.
Diamond Kim S reported acquisition or exercise transactions in this Form 4 filing.
BrightSpire Capital, Inc. director Kim S. Diamond received a grant of 22,085 shares of Class A common stock as part of 2026 annual equity compensation under the non-executive director compensation policy. These shares will vest on May 20, 2027, bringing her direct holdings to 93,357 shares.
RICE CATHERINE reported acquisition or exercise transactions in this Form 4 filing.
BrightSpire Capital director Catherine Rice received an equity award of 22,085 shares of Class A common stock as 2026 annual equity consideration. The award was granted at no cash cost and is part of the company’s non-executive director compensation policy. These shares will vest on May 20, 2027. Following this grant, Rice directly holds a total of 140,367 Class A shares.
BrightSpire Capital, Inc. extended Chief Executive Officer Michael Mazzei’s employment term to March 31, 2030 through a First Amendment to his existing agreement. His current package includes an annual base salary of $800,000, an Annual Cash Bonus opportunity of no less than $1,750,000, and an Annual LTIP Award of no less than $3,000,000.
For calendar years 2027 to 2029, Mr. Mazzei agreed to lower his bonus and equity targets. The Annual Cash Bonus opportunity will be no less than $1,575,000 for 2027, $1,450,000 for 2028, and $1,375,000 for 2029. The Annual LTIP Award target will be no less than $2,700,000 for 2027, $2,475,000 for 2028, and $2,375,000 for 2029.
BrightSpire Capital, Inc. reported the results of its 2026 annual meeting of stockholders. Stockholders approved a second amendment to the 2022 Equity Incentive Plan to add 10,000,000 shares of Class A common stock for awards and to set a cash-denominated limit on non-employee director awards.
Five directors were re-elected to serve until the 2027 annual meeting. Stockholders approved, on an advisory basis, executive compensation as of December 31, 2025 and ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.