BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced its financial results for the first quarter ended March 31, 2023 and certain updates. The Company reported first quarter 2023 GAAP net loss attributable to common stockholders of $4.1 million, or $0.03 per share, Distributable Loss of $11.5 million, or $0.09 per share, and Adjusted Distributable Earnings of $34.5 million, or $0.27 per share. The Company reported GAAP net book value of $10.41 per share and undepreciated book value of $11.74 per share as of March 31, 2023.
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