BrightSpire Q2 2021 Earnings Report

BrightSpire Capital reported a GAAP net loss for Q2 2021 and announced an increased quarterly dividend.

Key Takeaways

BrightSpire Capital reported a GAAP net loss attributable to common stockholders of $(19.7) million, or $(0.15) per share, for the second quarter of 2021. Adjusted Distributable Earnings were $27.0 million, or $0.20 per share. The company increased its quarterly dividend from $0.14 to $0.16 per share for the third quarter of 2021.

GAAP net loss attributable to common stockholders was $(19.7) million, or $(0.15) per share.

Distributable Loss was $(27.1) million, or $(0.20) per share.

Adjusted Distributable Earnings were $27.0 million, or $0.20 per share.

Quarterly dividend increased from $0.14 to $0.16 per share for Q3 2021.

Total Revenue

$52.1M

Previous year: $60.3M