- About Us
- Corporate Responsibility
BrightSpire Capital, Inc. is an internally-managed commercial real estate (CRE) credit REIT focused on originating, acquiring, financing and managing a diversified portfolio of CRE debt investments and net leased real estate investments. CRE debt investments primarily consist of senior mortgage loans, which we expect to be the primary investment strategy.
Our investment objective is to preserve and protect shareholder capital, while producing attractive risk-adjusted returns and a secondary objective of capital appreciation.
Our investment strategy is dynamic and flexible, enabling us to adapt to shifts in economic, real estate and capital market conditions and to exploit market inefficiencies. We may expand or change our investment strategy or target assets over time in response to opportunities available in different economic and capital market conditions. We believe this flexibility will allow us to employ a customized, solutions-oriented approach that is attractive to borrowers and tenants.
Large diversified and stabilized portfolio with $4.5 billion in assets under management
Nimble and differentiated investment strategy across the capital structure
Seasoned management team and employees with extensive sourcing capabilities
Disciplined underwriting and asset selection with deep knowledge across asset types
Significant transaction and asset management experience, vertical integration and embedded CRE loan special servicer
Alignment of interests and significant ownership by executive management and team
Highly experienced, cohesive team with demonstrated track record and unwavering commitment to create stockholder value.
Credit, Investment & Portfolio Management
|Senior Loans||Mezzanine & Preferred Equity|
|Loan Size||$10 – $150 Million||$10 – $150 Million|
|Geography||Throughout the U.S. (no "red lined" markets)||Throughout the U.S. (no "red lined" markets)|
|Property Types||All major property types, including subordinate debt for construction||All major property types, including subordinate debt for construction|
|Loan Term||3 to 5 years||Up to 10 years|
|Loan Pricing||Floating rate loans (generally over a SOFR floor), pricing dependent on asset type and risk||Floating rate loans (generally over a SOFR floor), with all-in coupons starting in the low 10.00% range, depending on asset type and risk; Fixed rate loans of 10% or higher|
|Closing Time Frame||Typically 30 days with a track record of closing in shorter timelines||Typically 30 days with a track record of closing in shorter timelines|
|Non-Recourse||Non-recourse, except for standard "bad-boy" carveouts and depending on circumstances and other credit enhancements||Non-recourse, except for standard "bad-boy" carveouts and depending on circumstances and other credit enhancements|