BrightSpire Capital, Inc. filed its quarterly report on Form 10-Q with the SEC on October 28, 2026, covering the period ended September 30, 2026, and reporting an increase in loans and preferred equity held for investment alongside a higher credit loss reserve.

Key Highlights

  • Shares outstanding: As of October 27, 2026, BrightSpire Capital had 124,676,733 shares of Class A common stock, par value $0.01 per share, outstanding.
  • Loans and preferred equity held for investment: The balance was $3,082,324 thousand as of September 30, 2026, up from $2,678,315 thousand as of December 31, 2025.
  • Credit loss reserve: The current expected credit loss reserve increased to $106,317 thousand as of September 30, 2026, compared to $87,401 thousand as of December 31, 2025.
  • Net loans and preferred equity: After the credit loss reserve, net loans and preferred equity held for investment stood at $2,976,007 thousand as of September 30, 2026.
  • Cash and cash equivalents: Reported at $63,601 thousand as of September 30, 2026, compared to $66,789 thousand at December 31, 2025.
  • Restricted cash: Increased to $113,996 thousand as of September 30, 2026, from $107,046 thousand at December 31, 2025.
  • Filer status: The company indicated it is a large accelerated filer, not a smaller reporting company or emerging growth company.

BrightSpire Capital's September 30, 2026 Balance Sheet Snapshot

According to the filing, BrightSpire Capital, Inc. (NYSE:BRSP) reported that loans and preferred equity held for investment grew to $3,082,324 thousand as of September 30, 2026, up from $2,678,315 thousand at December 31, 2025. Alongside this growth, the company disclosed that its current expected credit loss reserve also increased, rising to $106,317 thousand from $87,401 thousand at year-end 2025, resulting in net loans and preferred equity held for investment of $2,976,007 thousand.

The company reported cash and cash equivalents of $63,601 thousand at the close of the third quarter, a modest decrease from $66,789 thousand at December 31, 2025. Restricted cash, by contrast, increased to $113,996 thousand from $107,046 thousand over the same period, according to the filing's consolidated balance sheets. The financial statements are presented in thousands of dollars and are unaudited.

The filing contains forward-looking statements, which the company noted are subject to known and unknown risks and uncertainties, many of which are described as "beyond our control." These include factors such as interest rate changes, borrower and tenant performance, leverage usage, and regulatory changes. The company stated it is "under no duty to update any of these forward-looking statements" after the date of the report.

What Was Disclosed

BrightSpire Capital filed its Form 10-Q for the quarter ended September 30, 2026, disclosing balance sheet data including loan growth, an increased credit loss reserve, and share count. The filing covers three and nine months ended September 30, 2026.