Ilija Erceg It makes little sense to chase yield when risk-free rates are over 5.0%. Yet, the chase appears to be on as far as we can tell. Yield investments are popping everywhere and feature some of the most imaginative, value -destructive, setups we have ever seen. The good news for investors in BrightSpire Capital, Inc. (NYSE:BRSP) is that it is definitely not a new product or company. This one has been around for some time, and we are extremely familiar with its original parent, Colony Capital. The par ...