BrightSpire Capital reports Q4 EPS 15c, consensus 16c

Michael J. Mazzei, CEO, commented, “The Company had its strongest quarter of originations since restarting back in late 2024, successfully executed on a new CRE CLO and made substantial progress, including subsequent to quarter end, on the resolution of REO and watchlist loans. The reduction in our book value this past quarter was largely driven by the decision to accelerate REO and watchlist resolutions and redeploy the capital. As we look ahead to 2026, our focus remains on growing the portfolio and earnings through new loan originations while continuing to resolve what remains of our REO and watchlist loans.”