---
schema_version: "secwatch.filing_event.v1"
accession: "0001717547-25-000005"
form_type: "8-K"
ticker: "BRSP"
cik: "0001717547"
company_name: "BrightSpire Capital, Inc."
filed_at: "2025-02-18T23:59:59+00:00"
generated_at: "2026-05-26T16:52:31.098364+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BrightSpire Q4 GAAP net loss $19.7M, Distributable Earnings $13.7M

## Summary
- Q4 2024 GAAP net loss $19.7M ($0.16/sh); Distributable Earnings $13.7M ($0.11/sh); Adjusted DE $23.7M ($0.18/sh).
- Full year 2024 GAAP net loss $132.0M ($1.05/sh); Distributable Earnings $71.2M ($0.55/sh); Adjusted DE $109.2M ($0.84/sh).
- GAAP net book value $8.08/sh; undepreciated book value $8.89/sh as of Dec 31, 2024.
- CEO Michael Mazzei cites new loan originations and watchlist resolutions; expects continued portfolio growth and earnings.

## SEC filing metadata
- accession: 0001717547-25-000005
- form_type: 8-K
- ticker: BRSP
- cik: 0001717547
- company_name: BrightSpire Capital, Inc.
- filed_at: 2025-02-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1717547/000171754725000005/0001717547-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1717547/000171754725000005/brsp-20250218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001717547-25-000005
- JSON: https://secwatch.observer/filing/0001717547-25-000005.json
- Plain text: https://secwatch.observer/filing/0001717547-25-000005.txt

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