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.

Our Edge

Large diversified and stabilized portfolio with $4.1 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

Management Team

Highly experienced, cohesive team with demonstrated track record and unwavering commitment to create stockholder value.

Michael J. Mazzei

Chief Executive Officer & President

Andrew E. Witt

Chief Operating Officer & Executive Vice President

David A. Palamé

General Counsel, Secretary & Executive Vice President

Frank V. Saracino

Chief Financial Officer, Treasurer & Executive Vice President

Credit, Investment & Portfolio Management

George H. Kok
George H. Kok

Chief Credit Officer

Daniel E. Katz
Daniel E. Katz

Managing Director – Head of Originations
Investment Management

Kevin Swartz
Kevin Swartz

Managing Director
Investment Management

Brad Nichol
Brad Nichol

Managing Director – Head of Asset Management

Board of Directors

Catherine D. Rice

Independent Chairperson

Kim S. Diamond

Independent Director

Vernon B. Schwartz

Independent Director

John E. Westerfield

Independent Director

Winston W. Wilson

Independent Director

Michael J. Mazzei

Chief Executive Officer & President

Origination Contacts

For new investment inquiries, please contact:

LOS ANGELES

Daniel Katz
dkatz@brightspire.com
310.552.7258

LOS ANGELES

Michael Dremluk
mdremluk@brightspire.com
310.552.7128

LOS ANGELES

Quentin Vatelot
qvatelot@brightspire.com
310.552.7238

NEW YORK

Kevin Swartz
kswartz@brightspire.com
212.547.2638

Loan Origination Program

 

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 LIBOR floor), with all-in coupons starting in the low/mid 3.00% range, depending on asset type and risk

Floating rate loans (generally over a LIBOR 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