---
schema_version: "secwatch.filing_event.v1"
accession: "0001717547-26-000059"
form_type: "8-K"
ticker: "BRSP"
cik: "0001717547"
company_name: "BrightSpire Capital, Inc."
filed_at: "2026-07-28T20:18:43+00:00"
generated_at: "2026-07-28T20:20:06.348360+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BrightSpire Capital Q2 GAAP net loss $0.15/share; adjusted distributable earnings $0.13/share

## Summary
- GAAP net loss of $18.3M ($0.15/share); Distributable Earnings $15.8M ($0.12/share); Adjusted Distributable Earnings $16.8M ($0.13/share).
- GAAP book value $6.81/share; undepreciated book value $8.10/share as of June 30, 2026.
- Largest quarterly share buyback in company history; positive net loan originations; net reduction in watch list exposure.
- Q2 loan originations $319M committed; additional $295M closed or in-execution post-quarter; loan book ~$2.9B, up 20% YoY.
- Contract for sale of triple net lease asset to rotate capital into first mortgage loans.

## SEC filing metadata
- accession: 0001717547-26-000059
- form_type: 8-K
- ticker: BRSP
- cik: 0001717547
- company_name: BrightSpire Capital, Inc.
- filed_at: 2026-07-28T20:18:43+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/1717547/000171754726000059/0001717547-26-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1717547/000171754726000059/brsp-20260728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001717547-26-000059
- JSON: https://secwatch.observer/filing/0001717547-26-000059.json
- Plain text: https://secwatch.observer/filing/0001717547-26-000059.txt

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