---
schema_version: "secwatch.filing_event.v1"
accession: "0001717547-22-000037"
form_type: "8-K"
ticker: "BRSP"
cik: "0001717547"
company_name: "BrightSpire Capital, Inc."
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:34:22.532824+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BrightSpire Capital Q1 GAAP net income $0.21/shr, distributable earnings $0.22/shr

## Summary
- GAAP net income $27.7M ($0.21/shr); Adjusted Distributable Earnings $28.8M ($0.22/shr).
- Net book value $11.26/shr; undepreciated book value $12.36/shr as of March 31, 2022.
- Committed $589M in new loans during Q1; total loan portfolio grew to $3.8B, up from $2.8B a year ago.
- Fifth consecutive quarterly dividend increase; CEO cited solid originations and positive net deployment.
- Loan portfolio diversified with 110 loans averaging $34M each.

## SEC filing metadata
- accession: 0001717547-22-000037
- form_type: 8-K
- ticker: BRSP
- cik: 0001717547
- company_name: BrightSpire Capital, Inc.
- filed_at: 2022-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1717547/000171754722000037/0001717547-22-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1717547/000171754722000037/brsp-20220503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001717547-22-000037
- JSON: https://secwatch.observer/filing/0001717547-22-000037.json
- Plain text: https://secwatch.observer/filing/0001717547-22-000037.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.