10x Insights
Loading account…
Companies / Financials / BrightSpire Capital, Inc.
BRSP

BrightSpire Capital, Inc.

Ticker BRSPNEW YORK, NYFiscal year ends DecemberBook value per share $7.01Diluted shares 126.0M

BrightSpire Capital, Inc. (NYSE: BRSP) is an internally managed commercial real estate credit REIT that originates, acquires, finances and manages a portfolio focused primarily on commercial real estate debt investments, particularly senior mortgage loans secured by commercial properties. It also selectively invests… From the company’s description.

In fiscal 2025, BrightSpire Capital, Inc. reported a net loss of $38.77M. Operations generated $73.03M in cash.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
—
0.00%FY2025
$-38.77MFY2025
+71.4% year over year
Last 12 mo $14.18M
-3.32%FY2025
+9.3 percentage points
Last 12 mo 2.16%
Cash & financing
$73.03MFY2025
−29.4% year over year
Last 12 mo $72.21M
$55.08MFY2025
−43.4% year over year
Last 12 mo $61.07M
2.72FY2025
Was 2.45× a year earlier
Last 12 mo 3.08
126.9MFY2025
−0.4% year over year
Last 12 mo 126.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What BrightSpire Capital, Inc. does

In the company’s own words

BrightSpire Capital, Inc. (NYSE: BRSP) is an internally managed commercial real estate credit REIT that originates, acquires, finances and manages a portfolio focused primarily on commercial real estate debt investments, particularly senior mortgage loans secured by commercial properties. It also selectively invests in mezzanine loans and preferred equity, which may include participation in property value or profits, and in commercial properties leased to tenants on a net-lease basis. Its borrowers include commercial property owners and developers, while net-lease tenants generally cover property operating expenses. BrightSpire reports three operating segments: senior and mezzanine loans and preferred equity; net leased and other real estate; and corporate and other. The company was formed in 2017 and elected REIT tax treatment beginning in 2018. It conducts its activities and holds substantially all its assets and liabilities through BrightSpire Capital Operating Company, LLC. BrightSpire had 47 employees, including one part-time employee, as of December 31, 2025. Its website is www.brightspire.com.

Company details
Sector
Financials
Industry (SIC)
REITs
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
1717547
SIC
6798

Financial performance, year by year

Fiscal 2018–2025 · USD
$-513.59M$-360.76M$-207.93M$-55.10M$97.73M20182019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns BrightSpire Capital, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

128
funds hold it
0 of 35
superinvestors hold it
$150.24M
held by funds, at market
21.6%
of shares held by funds

Largest fund holders · BrightSpire Capital, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
Global X SuperDividend ETF
SDIV · GLOBAL X FUNDS
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets
1.40%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do BrightSpire Capital, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of BrightSpire Capital, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in BrightSpire Capital, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.