BrightSpire Q3 net income $1mln, Distributable Earnings $3.3mln, Adjusted $21.2mln.
ByAinvest
Tuesday, Oct 28, 2025 4:14 pm ET1min read
BRSP--
• BrightSpire Capital reports Q3 2025 net income of $1.0 million, or $0.01 per share. • Distributable Earnings of $3.3 million, or $0.03 per share. • Adjusted Distributable Earnings of $21.2 million, or $0.16 per share. • GAAP net book value of $7.53 per share and undepreciated book value of $8.68 per share. • Net loan originations were positive. • The company completed an REO sale. • Reduced its real estate owned (REO) inventory by 19%.
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