BRSP logo BrightSpire Capital : BRSP

BRSP

Stock Data

$5.87

Change up

$0.07 (1.21%)

Asset Type

Common Stock

Exchange

NYSE

Currency

USD

Country

USA

Sector

REAL ESTATE

Industry

REIT - MORTGAGE

BrightSpire Capital Inc, based in New York, is a real estate investment trust (REIT) focusing on commercial real estate credit in the US and Europe. It specializes in a variety of debt investments including first mortgage loans, mezzanine loans, and preferred equity, alongside net leased properties. As a REIT, BrightSpire primarily profits by managing and financing these investments, aiming to distribute the majority of its taxable income back to shareholders, thus enjoying certain tax benefits. Originally known as Colony Credit Real Estate, it rebranded to BrightSpire Capital in 2021.

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