Business Description
BrightSpire Capital is a New York-based real estate investment trust that lends money to and invests in commercial properties across the United States and Norway. The company builds its portfolio through mortgage loans, mezzanine loans, preferred equity stakes, and net-leased properties, allowing it to earn returns across different levels of the capital structure. Because it qualifies as a REIT, it pays no federal corporate income tax as long as it distributes at least 90% of its taxable income to shareholders.