BrightSpire Capital, Inc. BRSP
BrightSpire Capital, Inc. (BRSP) operates as a U.S.-based real estate investment trust (REIT) specializing in commercial real estate (CRE) credit. The company's core activities involve creating, purchasing, financing, and managing a diverse portfolio of CRE-related assets. This portfolio encompasses senior mortgage loans, mezzanine loans, preferred equity, various debt securities, and properties subject to net leases. BrightSpire Capital, Inc. maintains its status as a qualified real estate investment trust for federal income tax purposes. The firm was established in 2017 and was previously known as Colony Credit Real Estate, Inc. It adopted the name BrightSpire Capital, Inc. in June 2021 and is headquartered in New York, New York.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-18 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / Adjusted Distributable Earnings / leverage are from the Q1 2026 earnings release (filed 2026-04-28) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model BRSP yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $331.60M | $-31.15M | $37.34M | $111.97M | $73.03M |
| 2024 | $347.22M | $-131.98M | $40.51M | $-66.81M | $103.41M |
| 2023 | $392.11M | $-15.55M | $33.61M | $35.91M | $137.62M |
| 2022 | $358.54M | $45.79M | $34.10M | $112.52M | $125.28M |
| 2021 | $323.09M | $-101.05M | $36.50M | $101.59M | $-21.27M |
| 2020 | $424.35M | $-353.30M | $59.85M | $-142.60M | $96.36M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-30 | 2026-06-30 | 2026-07-15 | 2026-06-15 | $0.16 | Quarterly |
| 2026-03-31 | 2026-03-31 | 2026-04-15 | 2026-03-16 | $0.16 | Quarterly |
| 2025-12-31 | 2025-12-31 | 2026-01-15 | 2025-12-15 | $0.16 | Quarterly |
| 2025-09-30 | 2025-09-30 | 2025-10-15 | 2025-09-15 | $0.16 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-14 | 2025-06-16 | $0.16 | Quarterly |
| 2025-03-31 | 2025-03-31 | 2025-04-15 | 2025-03-17 | $0.16 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-15 | 2024-12-16 | $0.16 | Quarterly |
| 2024-09-30 | 2024-09-30 | 2024-10-15 | 2024-07-30 | $0.16 | Quarterly |
| 2024-06-28 | 2024-06-28 | 2024-07-15 | 2024-06-17 | $0.20 | Quarterly |
| 2024-03-27 | 2024-03-29 | 2024-04-15 | 2024-03-15 | $0.20 | Quarterly |
| 2023-12-28 | 2023-12-31 | 2024-01-12 | 2023-12-14 | $0.20 | Quarterly |
| 2023-09-28 | 2023-09-29 | 2023-10-13 | 2023-09-14 | $0.20 | Quarterly |
| 2023-06-29 | 2023-06-30 | 2023-07-14 | 2023-06-16 | $0.20 | Quarterly |
| 2023-03-30 | 2023-03-31 | 2023-04-17 | 2023-03-16 | $0.20 | Quarterly |
| 2022-12-29 | 2022-12-31 | 2023-01-17 | 2022-12-14 | $0.20 | Quarterly |
| 2022-09-29 | 2022-09-30 | 2022-10-14 | 2022-09-15 | $0.20 | Quarterly |
| 2022-06-29 | 2022-06-30 | 2022-07-15 | 2022-06-15 | $0.20 | Quarterly |
| 2022-03-30 | 2022-03-31 | 2022-04-15 | 2022-03-15 | $0.19 | Quarterly |
| 2021-12-30 | 2021-12-31 | 2022-01-14 | 2021-11-03 | $0.18 | Quarterly |
| 2021-09-29 | 2021-09-30 | 2021-10-15 | 2021-08-04 | $0.16 | Quarterly |
| 2021-06-29 | 2021-06-30 | 2021-07-15 | 2021-05-05 | $0.14 | Quarterly |
| 2021-03-30 | 2021-03-31 | 2021-04-15 | 2021-02-24 | $0.10 | Annual |
| 2020-03-30 | 2020-03-31 | 2020-04-10 | 2020-03-16 | $0.10 | Monthly |
| 2020-02-27 | 2020-02-29 | 2020-03-10 | 2020-02-14 | $0.10 | Monthly |
Coverage (payout of operating cash flow): 111.20%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — BRSP
BrightSpire: Why Management Plans Should Scare The Daylights Out Of You
BrightSpire Capital, Inc. (BRSP) Q2 2026 Earnings Call Transcript
BrightSpire Capital Q2 Earnings Call Highlights
BrightSpire (BRSP) Misses Q2 Earnings Estimates
BrightSpire Capital, Inc. Announces Second Quarter 2026 Financial Results
BrightSpire Capital, Inc. Announces Second Quarter 2026 Earnings Release and Conference Call Dates
BrightSpire Capital Announces $0.16 Per Share Dividend for Second Quarter 2026
BrightSpire Capital, Inc. to Participate in Nareit's REITweek 2026 Investor Conference
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.