BRSP公司 - BRSP是一家商业抵押贷款房地产投资信托公司，通过提供商业房地产贷款赚取利润[4] - BRSP在过去两年选择保守策略，减少杠杆并保持高流动性，以规避风险[5] - BRSP在面对利率上升时，选择不与联邦储备系统对抗，而是调整策略以维持稳健[8] - BRSP的战略方向将取决于联邦储备系统维持紧缩政策的时间长度[9] GHI公司 - GHI是一个收入机器，2023年为投资者产生了丰厚的现金分配[16] - GHI的MRB业务在利率下降环境中表现最佳，但通过JV策略也能在利率上升时保持弹性[20] - GHI预计2024年MRB业务将改善，特别是在下半年[21] - GHI有四个已完成建设的物业，可以在今年出售，确保未来每年支持3-4个物业销售[24]

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that the Company’s Board of Directors has declared a dividend of $0.20 per share of Class A common stock for the quarter ending March 31, 2024. The dividend is payable on April 15, 2024 to stockholders of record as of March 29, 2024. About BrightSpire Capital, Inc. BrightSpire Capital, Inc. (NYSE: BRSP) is internally managed and one of the largest publicly traded commercial real estat ...

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced the Board of Directors set March 22, 2024 as the record date for the Company's 2024 Annual Meeting of Stockholders. The 2024 Annual Meeting of Stockholders will be held virtually on May 16, 2024 at 10:00 am Eastern Time. Information on the virtual meeting will be included in the Company’s 2024 proxy statement. About BrightSpire Capital, Inc. BrightSpire Capital, Inc. (NYSE: BRSP) is i ...

Khanchit Khirisutchalual Co-authored by Treading Softly. Sir Adrian Carton de Wiart is colloquially known as the "unkillable Soldier." His military career spanned both World Wars and the Boer War, which occurred before World War One. During this time, he was shot in his stomach, ankle, leg, hip, ear, head, and face. He was caused to be blind in one eye. He was forced to tunnel out of the prisoner of war camp in World War Two. He also survived multiple plane crashes. After his illustrious military caree ...

业绩总结 - 公司在2023年第四季度实现了创纪录的中国市场iPhone销售收入，达到967.7亿美元[110] - 公司财报显示，利润率同比增长了15%[3] - 公司在2023年第四季度实现了盈利，净利润同比增长了20%[4]

财务数据和关键指标变化 - 公司在第四季度报告了GAAP净亏损1630万美元,每股亏损0.13美元,可分配收益(DE)2540万美元,每股0.20美元,调整后DE3590万美元,每股0.28美元 [9] - 全年2023年,公司实现调整后DE1.382亿美元,每股1.06美元,约占未折旧股东权益平均值的9.2% [31] - 公司第四季度末的总公司GAAP净资产价值下降至每股9.83美元,未折旧净资产价值下降至每股11.35美元 [32] 各条业务线数据和关键指标变化 - 多户型住宅贷款占贷款组合53%,办公楼贷款占33% [28] - 公司在第四季度收到1.32亿美元的贷款偿还,包括部分偿还圣何塞酒店贷款 [19] - 公司预计未来几个月内将收到更多办公楼贷款的偿还,进一步降低对该资产类别的敞口 [20][21] - 多户型住宅资产组合整体保持稳健,但增速放缓,未来12-18个月内增长预计相对平缓 [22][23][24] 各个市场数据和关键指标变化 - 商业房地产债券市场,CMBS AAA利差收窄约50个基点,CRE CLO发行利差收窄约75个基点 [11] - 大多数贷款银行表示有意增加仓单规模以发放新贷款 [11] - 预计未来6个月内,利率上限定价将出现明显下降 [12] 公司战略和发展方向及行业竞争 - 公司将在2024年集中提升资产负债表效率,包括变现和重新部署低收益或无收益资产 [16] - 公司将在2024年下半年开始评估新的贷款机会,预计区域银行将减少商业房地产敞口,为非银行贷款机构创造机会 [17][18] - 公司目前的总杠杆率为1.8倍,是同行中较低的水平,未来将通过新贷款提高杠杆 [36][55] 管理层对经营环境和未来前景的评论 - 联储政策转向降息将对信贷质量产生积极影响,但也将导致公司和行业整体收益下降 [14][15] - 公司将密切关注办公楼资产的表现,因为这些资产的再融资存在最大不确定性 [46][47][48][49][50] - 公司对多户型住宅资产的前景保持乐观,认为供给消化后市场前景良好 [23][24] 问答环节重要的提问和回答 问题1 **Sarah Barcomb 提问** 询问公司对多户型住宅组合中部分贷款下调的原因,以及对有同类问题的"合成"贷款sponsors的整体敞口 [40] **Michael Mazzei 回答** 部分下调与借款人未能提供新的利率上限有关,公司对此类"合成"贷款sponsors的敞口有限,正在密切关注 [41][42][43] 问题2 **Stephen Laws 提问** 询问公司为何不能更早转向进攻性策略,利用目前的低杠杆和充足流动性 [54] **Michael Mazzei 回答** 公司优先稳定现有资产组合,待第一季度取得进展后,预计在下半年部署约50-75百万美元的新投资 [55][56][57][58][59][60][61] 问题3 **Matthew Erdner 提问** 询问公司在新贷款部署前的最低现金储备要求,以及对新贷款资产类型和区域的偏好 [68] **Michael Mazzei 回答** 公司目标最低现金储备约1亿美元,未来将重点关注多户型住宅和酒店资产,避免办公楼,并看好部分地区的市场机会 [69][70][71][74][75][76]

BrightSpire (BRSP) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.23 per share when it actually produced earnings of $0.28, delivering a surprise of 21.74%.Over the last four quarters ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 21, 2024 BrightSpire Capital, Inc. (Exact name of registrant as specified in its charter) Maryland 001-38377 38-4046290 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 590 Madison Avenue, 33rd Floor New York, NY 10022 (Address o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38377 BRIGHTSPIRE CAPITAL, INC. (Exact Name of Registrant as Specified in Its Charter) Maryland 38-4046290 (State or Other Jurisdiction of (I.R ...

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced it will release fourth quarter and full year 2023 financial results before the market opens on Wednesday, February 21, 2024. The Company will conduct a conference call to discuss the results the same day at 10:00 a.m. ET / 7:00 a.m. PT. To participate in the event by telephone, please dial (877) 407-0784 ten minutes prior to the start time (to allow time for registration). Internationa ...