secwatch.observer — SEC 8-K summary
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Issuer:     BrightSpire Capital, Inc. (BRSP)
CIK:        0001717547
Form:       8-K
Filed at:   2021-08-04T23:59:59+00:00
Accession:  0001717547-21-000031
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BrightSpire Capital Q2 net loss $0.15/sh, $0.20/sh adjusted; dividend raised to $0.16
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- GAAP net loss of $19.7M ($0.15/sh); adjusted distributable earnings of $27.0M ($0.20/sh).
- Net book value $11.75/sh, undepreciated book value $12.66/sh as of June 30, 2021.
- Quarterly dividend raised to $0.16/sh from $0.14/sh; payable Oct 15, record Sep 30.
- Second managed $800M CRE CLO closed; $1.5B in senior loans closed/committed since late 2020.
- CEO confirms internalization of management and rebranding completed in H1 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1717547/000171754721000031/0001717547-21-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1717547/000171754721000031/brsp-20210804.htm
  HTML page:      https://secwatch.observer/filing/0001717547-21-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer