secwatch.observer — SEC 8-K summary
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Issuer:     BrightSpire Capital, Inc. (BRSP)
CIK:        0001717547
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001717547-24-000041
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BrightSpire Capital Q1 2024 GAAP net loss of $57.1M ($0.45/share); distributable earnings $0.17/share
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- GAAP net loss attributable to common stockholders of $57.1M ($0.45 per share) for Q1 2024.
- Distributable Earnings of $22.5M ($0.17 per share); Adjusted Distributable Earnings of $29.7M ($0.23 per share).
- GAAP net book value per share: $9.10; undepreciated book value per share: $10.67 as of March 31, 2024.
- CEO Michael J. Mazzei noted continued focus on balance sheet and maintaining ample liquidity until market conditions improve.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1717547/000171754724000041/0001717547-24-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1717547/000171754724000041/brsp-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001717547-24-000041

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