secwatch.observer — SEC 8-K summary
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Issuer:     BrightSpire Capital, Inc. (BRSP)
CIK:        0001717547
Form:       8-K
Filed at:   2022-01-20T23:59:59+00:00
Accession:  0001717547-22-000004
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1717547/000171754722000004/0001717547-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1717547/000171754722000004/brsp-20220120.htm
  HTML page:      https://secwatch.observer/filing/0001717547-22-000004

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