BRSP lowers projected book value increase from co-invest sale by $0.33; now $0.20 GAAP / $0.35 undep.

BrightSpire Capital, Inc.

Co-invest portfolio sale and preferred financing payoff now projected to increase GAAP book value by $0.20 per share (down $0.33 from prior $0.53).
Undepreciated book value increase projected at $0.35 per share (down $0.33 from prior $0.68).
Adjustment reflects finalization of year-end accounting for the co-invest portfolio sale and preferred financing payoff.
Fourth quarter 2021 results to be reported in upcoming Form 10-K for year ended December 31, 2021.

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