BrightSpire Capital Inc - Class A

NYSE: BRSP
$5.89
-$0.05 (-0.8%)
Closing Price on June 25, 2024

BRSP Chart and Intraday Price

BRSP Company Data

Asset Type Stock
Exchange NYSE
Currency USD
Country USA
Sector REAL ESTATE & CONSTRUCTION
Industry REAL ESTATE INVESTMENT TRUSTS
Address 515 S. FLOWER STREET, LOS ANGELES, CA, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 903.40M USD
Shares Outstanding 129,985,000
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.

BRSP Articles

6 Fresh Stocks Trading Under $10 That Pay Huge Ultra-Yield Dividends
While Most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy. Many of the most...
Lee Jackson
Published: