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BrightSpire Capital, Inc. (NYSE:BRSP) disclosed on September 21 that it had priced a $960 million commercial real estate collateralized loan obligation, or CLO, on September 18. The transaction packages mortgage interests into securities and is scheduled to close October 16. The collateral includes interests in 29 first-lien floating-rate mortgages secured by 38 properties. BrightSpire Capital, […]
NEW YORK, September 21, 2026--BrightSpire Capital, Inc. (NYSE: BRSP) ("BrightSpire Capital" or the "Company") announced that the Company priced BRSP 2026-FL4, a $960 million managed Commercial Real Estate Collateralized Loan Obligation (the "2026-FL4 CLO") on September 18, 2026. The Company expects approximately $844.8 million of investment grade securities to be placed with institutional investors, providing the Company with term financing on a non-mark-to-market, non-recourse basis. The transa
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