---
schema_version: "secwatch.filing_event.v1"
accession: "0001717547-24-000068"
form_type: "8-K"
ticker: "BRSP"
cik: "0001717547"
company_name: "BrightSpire Capital, Inc."
filed_at: "2024-07-30T23:59:59+00:00"
generated_at: "2026-05-31T15:21:07.007633+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# BrightSpire Q2 GAAP net loss $67.9M; dividend cut to $0.16/share

## Summary
- GAAP net loss to common stockholders of ($67.9M), or ($0.53) per diluted share.
- Distributable earnings $17.0M ($0.13/sh); Adjusted Distributable Earnings $28.8M ($0.22/sh).
- GAAP book value $8.41/sh; undepreciated book value $9.08/sh as of June 30.
- Board declared Q3 dividend of $0.16/sh, payable Oct 15 to holders of record Sep 30.
- CEO cites legacy office equity investments driving book value decline and dividend reduction.

## SEC filing metadata
- accession: 0001717547-24-000068
- form_type: 8-K
- ticker: BRSP
- cik: 0001717547
- company_name: BrightSpire Capital, Inc.
- filed_at: 2024-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1717547/000171754724000068/0001717547-24-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1717547/000171754724000068/brsp-20240730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001717547-24-000068
- JSON: https://secwatch.observer/filing/0001717547-24-000068.json
- Plain text: https://secwatch.observer/filing/0001717547-24-000068.txt

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