BrightSpire Capital: 11% Yield, 30% Discount, Your Roadmap To Higher Income

BrightSpire Capital trades 30% below its undepreciated book value. Q4 2025 saw $300 million in new loans—the strongest origination quarter in years. Management reduced problem loans by 40% in Q4, proving that losses are well-contained within existing reserves.

Seeking Alpha • 16 hours ago

BrightSpire Capital, Inc. (BRSP) Q4 2025 Earnings Call Transcript

BrightSpire Capital, Inc. (BRSP) Q4 2025 Earnings Call Transcript

Seeking Alpha • Feb 18, 2026

BrightSpire Capital, Inc. Announces Fourth Quarter & Full Year 2025 Financial Results

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced its financial results for the fourth quarter and full year ended December 31, 2025 and certain updates. The Company reported fourth quarter 2025 GAAP net loss attributable to common stockholders of ($14.4) million, or ($0.12) per share, Distributable Loss of ($35.5) million, or ($0.28) per share, and Adjusted Distributable Earnings of $19.3 million, or $0.15 per share. For.

Business Wire • Feb 17, 2026

BrightSpire (BRSP) Q4 Earnings Lag Estimates

BrightSpire (BRSP) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.18 per share a year ago.

Zacks Investment Research • Feb 18, 2026

BrightSpire Capital Announces Closing of $955 Million BRSP 2026-FL3 Commercial Real Estate CLO and the Redemption of BRSP 2021-FL1

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced today that it closed BRSP 2026-FL3, a $955 million managed Commercial Real Estate Collateralized Loan Obligation (the “2026-FL3 CLO”) on February 17, 2026. The Company placed approximately $833.2 million of investment grade securities with institutional investors providing term financing on a non-mark-to-market, non-recourse basis. The 2026-FL3 CLO is collateralized by interests.

Business Wire • Feb 17, 2026

Earnings Preview: BrightSpire (BRSP) Q4 Earnings Expected to Decline

Colony Credit (BRSP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Investment Research • Feb 10, 2026

BrightSpire Capital Tax Treatment of 2025 Dividends

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced the tax treatment of its 2025 common stock dividends. The following table summarizes Brightspire Capital's common stock dividend payments for the tax year ended December 31, 2025. Class of Stock CUSIP Record Date Payment Date Amount Distributed Return of Capital   Common 10949T 109 12/31/2024 1/15/2025 $ 0.160000 $ 0.160000 Common 10949T 109 3/31/2025 4/15/2025 $ 0.160000 $ 0.160.

Business Wire • Jan 30, 2026

High Yield Vs. Dividend Growth: Why 2026 Is The Year You Can Have Both

High yield provides immediate cash flow, outperforming decades of slow growth. BRSP: Strategic foreclosed property sales provide capital for high-margin new loan originations. EPR management aims for $500 million in 2026 investments via strong balance sheets.

Seeking Alpha • Jan 27, 2026

BrightSpire Capital: A Diversified Portfolio And Deep Discount To Book Value

BrightSpire Capital (BRSP) trades at a 22% discount to GAAP book value and is paying out a just-covered 11.15% dividend yield. BRSP's hybrid model, with a growing equity real estate portfolio, drives the bulk of its earnings and distinguishes it from pure-play mREITs. Dividend sustainability is supported by healthy liquidity and a short weighted average loan term of 1.7 years.

Seeking Alpha • Jan 12, 2026

BrightSpire Capital: Portfolio Stress Has Weakened Dividend Coverage

BrightSpire Capital (BRSP) remains a hold as dividend coverage is thin and portfolio risks persist despite an 11.1% yield. BRSP's earnings have declined due to lower interest income and rising operating expenses, challenging the sustainability of current distributions. Management is reallocating capital from distressed assets, selling REO properties, and targeting portfolio growth to $3.5B to bolster future earnings.

Seeking Alpha • Jan 9, 2026