BrightSpire Capital, Inc. (BRSP) Tops Q2 EPS by 4c

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BrightSpire Capital, Inc. Announces Second Quarter 2021 Financial Results

August 4, 2021 8:20 AM EDT

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, 2021 and certain updates. The Company reported second quarter 2021 GAAP net loss attributable to common stockholders of $(19.7) million, or $(0.15) per share, and Distributable Loss of $(27.1) million, or $(0.20) per share. Excluding realized losses on sales and fair value adjustments, Adjusted Distributable Earnings were $27.0 million, or $0.20 per share. The Company reported GAAP net book value of $11.75 per share and undepreciated book value of $12.66 per share as of June 30, 2021.

Michael J. Mazzei, Chief Executive... More