Name | Value |
---|---|
Revenues | 98.0M |
Cost of Revenue | 50.9M |
Gross Profit | 47.1M |
Operating Expense | 39.2M |
Operating I/L | -1.2M |
Other Income/Expense | -14.9M |
Interest Income | 73.1M |
Pretax | -16.1M |
Income Tax Expense | 0.2M |
Net Income/Loss | -16.3M |
BrightSpire Capital, Inc. is a commercial real estate credit real estate investment trust in the United States. The company specializes in originating, acquiring, financing, and managing a portfolio of commercial real estate senior mortgage loans, mezzanine loans, preferred equity, debt securities, and net leased properties. It generates revenue through the interest income and fees earned from these real estate financing activities. BrightSpire Capital, Inc. qualifies as a real estate investment trust for federal income tax purposes, providing tax advantages to its investors. The company was formerly known as Colony Credit Real Estate, Inc. and rebranded as BrightSpire Capital, Inc. in June 2021.