8-K
filed March 18, 2026, 7:59 PM ET
ticker BRSP
CIK 0001717547
debt
confidence high
sentiment neutral
materiality 0.60
BrightSpire Capital enters $250M repurchase facility with JPMorgan for CRE loans
BrightSpire Capital, Inc.
- Facility provides up to $250M to finance first mortgage loans, senior participations, and mezzanine loans secured by CRE.
- Advances indexed to 1-month Term SOFR plus spread; initial maturity March 12, 2029 with two one-year extension options.
- Guarantor must maintain: min liquidity $50M, tangible net worth $900M+, total debt ≤75% of assets, EBITDA/interest ≥1.40x.
- Guarantee provides partial recourse up to 25% of outstanding obligations.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001717547-26-000018
- form_type
- 8-K
- ticker
- BRSP
- cik
- 0001717547
- company_name
- BrightSpire Capital, Inc.
- filed_at
- 2026-03-18T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:35.990132+00:00
- generated_at
- 2026-05-15T09:54:33.649553+00:00
- sec_items
- ["1.01", "2.03", "9.01"]
- event_type
- debt
- sentiment
- neutral
- materiality_score
- 0.6
- calibrated_materiality_score
- 0.6
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001717547-26-000018
- json_url
- https://secwatch.observer/filing/0001717547-26-000018.json
- markdown_url
- https://secwatch.observer/filing/0001717547-26-000018.md
- text_url
- https://secwatch.observer/filing/0001717547-26-000018.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1717547/000171754726000018/0001717547-26-000018-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1717547/000171754726000018/brsp-20260312.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
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- correction_note
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- correction_timestamp
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Source-grounded claims
404467b39c263aabe7421bc1dc45777278962df6
BrightSpire Capital, Inc. incurred credit facility of up to $250.0 million with JPMorgan Chase Bank, National Association at term secured overnight financing rate with a tenor of one-month, plus a spread maturing March 12, 2029.
with JPMorgan Chase Bank, National Association (“JPM”). The Repurchase Agreement provides up to $250.0 million to finance first mortgage loans
SEC 8-K Item 2.03/2.04
confidence 0.95
SEC evidence
be99aa45fa69a6ca06b49cb5312b10bacdd37462
BrightSpire Capital, Inc. entered into Guarantee Agreement with JPMorgan Chase Bank, National Association valued at partial recourse guaranty up to 25% of total amount due (effective 2026-03-12).
BrightSpire Capital Operating Company, LLC (“Guarantor”) entered into a Guarantee Agreement with JPM (the “Guarantee”) on March 12, 2026, under which Guarantor agreed to a partial recourse guaranty of Seller’s payment and performance obligations under the Repurchase Agreement.
SEC 8-K Item 1.01/1.02
confidence 0.9
SEC evidence
eece85471a0b0c3f100ad75bb6745ce44bdfac4f
BrightSpire Capital, Inc. entered into Master Repurchase Agreement with JPMorgan Chase Bank, National Association valued at $250,000,000 (effective 2026-03-12).
On March 12, 2026, BrightSpire Credit 9, LLC (“Seller”), an indirect subsidiary of BrightSpire Capital, Inc. (the “Company”), entered into a Master Repurchase Agreement (the “Repurchase Agreement”) with JPMorgan Chase Bank, National Association (“JPM”).
SEC 8-K Item 1.01/1.02
confidence 0.9
SEC evidence
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