BrightSpire Capital

BrightSpire Capital, Inc. operates as a real estate investment trust. It originates, acquires, finances, and manages diversified portfolio consisting primarily of commercial real estate (CRE) senior mortgage loans, mezzanine loans, preferred equity, debt securities and net leased properties predominantly in the United States. It operates through the following segments: Core Portfolio, and Legacy, Non-Strategic Portfolio. The Core Portfolio segment consists of Senior and Mezzanine Loans and Preferred Equity, CRE Debt Securities, Net Leased Real Estate, and Corporate segments. The Legacy, Non-Strategic Portfolio segment consists of direct investments in operating real estate such as multi-tenant office. The company was founded on August 23, 2017 and is headquartered in New York, NY.

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BrightSpire Capital reports solid Q4 earnings amidst market challenges

BrightSpire Capital's Q4 2022 performance reflects solid earnings and a strategic focus on managing its loan portfolio and liquidity.
While facing challenges in the office property sector, the company is well-prepared to leverage opportunities in the market through prudent lending strategies.
Proactive communication with investors and a clear focus on defending the balance sheet position BrightSpire for continued success in a dynamic market environment.
Anticipated market shifts and a disciplined approach to risk management position BrightSpire to navigate uncertainties and capitalize on emerging opportunities.

BrightSpire Capital reports Q1 earnings, focuses on balance sheet defense

BrightSpire Capital's Q1 performance focused on defending the balance sheet, managing risk ratings, and asset valuation adjustments.
Challenges include market impacts on asset values, limited lending opportunities, and potential erosion of dividend coverage over time.
Opportunities lie in potential capital deployment, stock buybacks, asset conversions, and shareholder engagement readiness.
The company's strengths include transparency in risk management, asset value preservation, and appreciation for shareholder support.

BrightSpire Capital reports solid Q2 performance amidst market challenges

BrightSpire Capital's Q2 2023 performance showed resilience in its multifamily portfolio and rent growth, despite challenges in apartment rental management and increased bad debt. The company is strategically managing expenses, considering higher yield originations, and evaluating opportunities in various loan segments. With a focus on liquidity and market re-entry, BrightSpire Capital aims to capitalize on potential market movements and optimize its portfolio for growth.

BrightSpire Capital reports solid Q3 earnings amid market challenges

BrightSpire Capital delivered a strong financial performance in Q3 2023, maintaining profitability and cash flow generation amidst market challenges and economic uncertainties.
The company's focus on liquidity management, dividend coverage, and strategic asset optimization underscores its commitment to shareholder value and financial stability.
While facing interest rate volatility and credit risks, BrightSpire's proactive approach to portfolio management and value enhancement positions it well to capitalize on opportunities and navigate evolving market conditions.

BrightSpire Capital reports strong Q4 performance amidst market challenges

BrightSpire Capital's Q4 2023 earnings call highlighted solid financial performance, prudent financial management, and strategic positioning in the commercial real estate debt markets.
The company faces challenges in navigating market dynamics and managing portfolio exposure but has opportunities for growth through capital deployment and portfolio expansion.
Overall, BrightSpire Capital's focus on maintaining liquidity, adjusting assets, and exploring new opportunities positions it well for future success and market leadership.

BrightSpire Capital reports Q1 loss, focuses on liquidity and risk management

BrightSpire Capital faced challenges in Q1 2024 due to market shifts and potential headwinds on earnings. Despite this, the company maintained strong liquidity and a sizable loan portfolio. Management's focus on resolving watch list assets indicates a proactive approach to managing risks.

BrightSpire Capital reports Q2 loss, focuses on loan originations

BrightSpire Capital navigated challenges in Q2 2024 with a focus on preserving shareholder equity through reduced dividends and initiating loan originations.
Despite impairments on legacy investments and increased CECL reserves, the company maintains confidence in portfolio stability and growth potential.
Management's strategic actions and confidence in the company's future outlook suggest a resilient approach to addressing financial headwinds and pursuing growth opportunities.

BrightSpire Capital reports solid Q3 earnings, eyes growth in 2025

BrightSpire Capital delivered strong financial performance in Q3 2024, supported by robust distributable earnings and liquidity.
Effective portfolio management, capital deployment, and differentiation strategies are key strengths for BrightSpire.
While challenges like risk management and competitive pressures exist, opportunities for growth and profitability are within reach.
Overall, BrightSpire's proactive approach and market positioning bode well for future success and earnings growth in 2025.

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BrightSpire Capital, Inc. is a real estate investment trust. It originates, acquires, finances, and manages portfolio consisting of commercial real estate (CRE) debt investments and net leased properties in the United States. It operates through the following segments: Senior Mezzanine Loans and Preferred Equity, Net Leased and other Real Estate, CRE Debt Securities, and Corporate. The Senior and Mezzanine Loans and Preferred Equity segment covers CRE debt investments including senior loans, mezzanine loans, and preferred equity interests as well as participations in such loans. The Net Leased and Other Real Estate segment includes investments in commercial real estate with long-term leases to tenants on a net lease basis. The CRE Debt Securities segment consists of securities investments previously consisting of BBB and some BB rated CMBS. the Corporate segment deals with corporate-level asset management and other fees. The company was founded on August 23, 2017 and is headquartered in New York, NY.

BrightSpire (BRSP) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.25 per share a year ago.

BrightSpire (BRSP) Beats Q3 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced its financial results for the third quarter ended September 30, 2023 and certain updates. The Company reported third quarter 2023 GAAP net income attributable to common stockholders of $12.4 million, or $0.09 per share, Distributable Earnings of $31.0 million, or $0.24 per share, and Adjusted Distributable Earnings of $35.8 million, or $0.28 per share. The Company reported.

BrightSpire Capital, Inc. Announces Third Quarter 2023 Financial Results

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Prior to September 30, 2023, my Readers mentioned 35 equities in their comments on my articles. Some bad news investments (Rogues) mixed with (mostly) Favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: C, ABR, BKH, FRT, MMM, O, T, PFE, PBR.A, and BRSP, averaged 36.1% net gains from reader data collected 10/13/23.

35 September Readers-Noted, And 27 Ideal-To-Buy, Dividend Dogs

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced it will release third quarter 2023 financial results on Monday, October 30, 2023, after the market closes. The Company will conduct a conference call to discuss the results on Tuesday, October 31, 2023, at 11:00 a.m. ET / 8:00 a.m. PT. To participate in the event by telephone, please dial (877) 407-0784 ten minutes prior to the start time (to allow time for registration). I.

BrightSpire Capital, Inc. Announces Third Quarter 2023 Earnings Results and Conference Call Date

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Prior to August 31, 2023, my Readers mentioned 37 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: PFE, PBR, O, T, BRSP, BTI, PRB.A, VOD, WBA, and MITT, averaged 48.7% net gains from reader data collected 8/18/23. Ten analyst-target-augured August TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: MMM, KHC, BRSP, T, O, PFE, BTI, VOD, WBA, & MITT boasting a 46.54% average target price upside estimate.

Readers Post 32 August Dividend Buy Candidates

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BrightSpire Capital is a mortgage REIT with a loan portfolio of $3.4 billion. The company's portfolio consists of floating rate loans primarily for multifamily, office, and hotel projects. The stock is trading at a steep discount to book value due to concerns about the high proportion of office loans and potential defaults.

BrightSpire Capital: Still Below Book Value With A 12% Dividend

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that the Company's Board of Directors has declared a dividend of $0.20 per share of Class A common stock for the quarter ending September 30, 2023. The dividend is payable on October 13, 2023 to stockholders of record as of September 29, 2023. About BrightSpire Capital, Inc. BrightSpire Capital, Inc. (NYSE: BRSP) is internally managed and one of the largest publicly traded.

BrightSpire Capital Announces $0.20 Per Share Dividend for Third Quarter 2023

BrightSpire Capital, Inc. trades at a discount due to concerns over its exposure to the office market. Signs of a potential turnaround in BrightSpire's portfolio risk profile could lead to a reevaluation of the stock. The company's dividend yield appears sustainable, supported by adjusted distributable earnings.

BrightSpire Capital: A Fairly Valued 12%+ Yielder

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Readers Post 20 July Dividend Buys

Commercial real estate companies have suffered due to predictions of a collapse, but experts recognize that this crisis has not yet occurred. BrightSpire Capital (BRSP) has acquired properties through foreclosure, and their current book value reflects a potential increase in value if the properties are leased up. Ares Commercial Real Estate (ACRE) has a conservative approach, with low leverage and the potential for future dividend growth. They are selectively opportunistic in their loan origination.

Buy The Dip When Blood Is In The Street

Brightspire Capital, Inc. (NYSE:BRSP ) Q2 2023 Earnings Conference Call August 2, 2023 10:00 AM ET Company Participants David Palame - EVP, General Counsel & Secretary Michael Mazzei - CEO & Director Andrew Witt - President & COO Frank Saracino - EVP, CFO & Treasurer Matthew Heslin - MD & Head, Debt Capital Markets Conference Call Participants Sarah Barcomb - BTIG Stephen Laws - Raymond James & Associates Matthew Howlett - B. Riley Securities Steven Delaney - JMP Securities Matthew Erdner - JonesTrading Operator Greetings, and welcome to the BrightSpire Capital, Inc. Second Quarter 2023 Earnings Conference Call.

Brightspire Capital, Inc. (BRSP) Q2 2023 Earnings Call Transcript

BrightSpire (BRSP) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.24 per share a year ago.

BrightSpire (BRSP) Q2 Earnings Surpass Estimates

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced its financial results for the second quarter ended June 30, 2023 and certain updates. The Company reported second quarter 2023 GAAP net loss attributable to common stockholders of ($7.5) million, or ($0.06) per share, Distributable Earnings of $21.1 million, or $0.16 per share, and Adjusted Distributable Earnings of $32.0 million, or $0.25 per share. The Company reported GA.

BrightSpire Capital, Inc. Announces Second Quarter 2023 Financial Results

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Prior to June 30, 2023, my readers mentioned 42 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: GGB, PFE, VFC, SB, GSL, BTI, PDM, PBR, SBSW, and IPOOF, averaged 65.57% net gains from reader data collected 7/17/23. Ten analyst-target-augured June TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: BRSP, GGB, PFE, VFC, SB, PDM, BPI, GSL, SBSW, & IPOOF boasting a 55.56% average target price upside estimate.

Readers Reveal 30 June Dividend Buys

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced it will release second quarter 2023 financial results before the market opens on Wednesday, August 2, 2023. The Company will conduct a conference call to discuss the results the same day at 10:00 a.m. ET/ 7:00 a.m. PT. To participate in the event by telephone, please dial (877) 407-0784 ten minutes prior to the start time (to allow time for registration). International call.

BrightSpire Capital, Inc. Announces Second Quarter 2023 Earnings Results and Conference Call Date

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BrightSpire Capital is a mortgage REIT with a loan portfolio of $3.4 billion, half of which is invested in residential multifamily loans. The stock trades at a 45% discount to book value, providing a margin of safety unless more than 20% of loans default. Investors can potentially benefit from a 100% upside and a 12% dividend yield, although the dividend may not be the safest if defaults increase.

BrightSpire Capital: Trades At A Major Discount To Book Value

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Prior to May 31, 2023 my readers mentioned 38 equities in their comments on my articles. Some bad-news investments (rogues) mixed with (mostly) favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: PM, NRIM, CTRA, PXD, DVN, HTBK, BRSP, VFC, CHK, and PBR, averaged 38.47% net gains from reader data collected 6/14/23. Ten analyst-target-augured May TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: TSN, PM, NRIM, PXD, CTRA, DVN, BRSP, HTBK, CHK, & VSP, boasting a 27.76% average target price upside estimate.

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NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that the Company's Board of Directors has declared a dividend of $0.20 per share of Class A common stock for the quarter ending June 30, 2023. The dividend is payable on July 14, 2023 to stockholders of record as of June 30, 2023. About BrightSpire Capital, Inc. BrightSpire Capital, Inc. (NYSE: BRSP) is internally managed and one of the largest publicly traded commercial re.

BrightSpire Capital Announces $0.20 Per Share Dividend for Second Quarter 2023

BrightSpire Capital is benefiting from higher interest rates, but economic stress may cause some loans to default, particularly in the office property sector. I believe the market has priced in a complete write-off of the office part of the portfolio, providing a large margin of safety for investors. BRSP is rated a "BUY" at $5.92 per share, but investors should be cautious about the sustainability of the current dividend.

BrightSpire Capital: Office Loans Have The Market Exiting, I'm Entering (Slowly)

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that Mike Mazzei, Chief Executive Officer, and other members of the senior management team will participate in a fireside chat presentation at Nareit's REITweek: 2023 Investor Conference on Wednesday, June 7, 2023 at 2:00 pm ET. The fireside chat presentation will be moderated by Stephen Laws, Managing Director, Mortgage REITs and Real Estate Finance at Raymond James, and a.

BrightSpire Capital, Inc. to Present at Nareit's REITweek 2023 Investor Conference

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