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BrightSpire Capital BRSP Net Leased and Other Real Estate — Operating expense

Other segment segments

Corporate and Other
$3.11M-3.4%
Senior and Mezzanine Loans and Preferred Equity
-$11K

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SVCNet Lease — Net lease operating expenses
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$1.48M-11.3%
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$14.25M+7.5%
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RYNReal Estate — Other Cost and Expense, Operating
$13.56M+66.3%
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HCIReal Estate Operations — Personnel And Other Operating Expenses
$2.52M+45.1%

Other financials

Income statement

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Revenue$85.1M+9.8%
Net income$4.8M-9.3%
EPS (diluted)$0.03-25.0%

Balance sheet

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Cash & equivalents$96.6M-51.9%
Total debt$19.8M-14.5%
Total equity$917.9M-11.3%
Total assets$3.6B+2.7%

Cash flow

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Operating cash flow$10.9M+4.1%
CapEx$1.6M-35.2%
Free cash flow$9.3M+16.4%

Valuation

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Market cap$713.92M+5.2%
Enterprise value$637.19M+27.3%
P/S2.1×+0.1×

Profitability

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Net margin-9.4%-3.3pp
FCF margin16.7%-7.7pp

Returns & leverage

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Return on equity-3.2%-1.1pp
Debt / equity0.0×

Where this comes from

Reported directly by BrightSpire Capital in its filing.

Tagged under the XBRL concept us-gaap:OtherGeneralAndAdministrativeExpense.

The official record: BrightSpire Capital’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is BrightSpire Capital's net leased and other real estate — operating expense?
BrightSpire Capital (BRSP) reported net leased and other real estate — operating expense of $1K in Q1 2026.
What is the long-term trend for BrightSpire Capital's net leased and other real estate — operating expense?
Over 3 years (2021 to 2025), BrightSpire Capital's net leased and other real estate — operating expense has grown at a -60.6% compound annual growth rate (CAGR), from $164K to $10K.
What does net leased and other real estate — operating expense mean?
General administrative and operational expenses incurred to support the activities of the net leased and other real estate segment. It serves as a measure of the segment's overall overhead and cost-control discipline.