BrightSpire sells two industrial properties for $300M; records ~$60.4M pro forma gain

BrightSpire Capital, Inc.

Total consideration $300.0M: assumption of $94.0M mortgage, $106.0M mezzanine loans plus $97.9M cash net.
Sale of properties in Tolleson, AZ and Tracy, CA closed Sept 14, 2026.
Pro forma gain on sale of $60.4M as if deal completed Jan 1, 2025.
Pro forma 2025 net income swings from $31.1M loss to $27.7M gain.
Pro forma cash rises ~$97.9M to $166.0M at June 30, 2026.

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