secwatch.observer — SEC 8-K summary
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Issuer:     BrightSpire Capital, Inc. (BRSP)
CIK:        0001717547
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0001717547-21-000068
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BrightSpire Q3 GAAP net loss $(0.54)/share; adj earnings $0.26; dividend raised to $0.18
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- GAAP net loss attributable to common stockholders of $(70.1)M ($(0.54)/share).
- Adjusted Distributable Earnings of $35.0M ($0.26/share), up from $0.20 in Q2.
- Q4 dividend declared at $0.18/share, third consecutive increase.
- Deployed $519M in new loans during Q3; total originations $2.1B since Q4 2020.
- Full $98M write-down of mezzanine loan for L.A. Mixed-Use Project.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1717547/000171754721000068/0001717547-21-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1717547/000171754721000068/brsp-20211103.htm
  HTML page:      https://secwatch.observer/filing/0001717547-21-000068

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