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BrightSpire Capital BRSP Property operating expense

Property operating expense at other companies

Gladstone Commercial Corporation logo
Gladstone Commercial CorporationGOOD
$7.04M+2.0%
Community Healthcare Trust logo
Community Healthcare TrustCHCT
$6.37M+4.5%
BNL
Broadstone Net LeaseBNL
$6.18M+12.6%
Empire State Realty Trust logo
Empire State Realty TrustESRT
$47.74M+6.0%
Centerspace logo
CenterspaceCSR
$18.24M-4.3%
Global Net Lease logo
Global Net LeaseGNL
$3.99M-16.6%

Segments

By segment

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Net Leased and Other Real Estate$20.08M+101%
Corporate and Other$0
Senior and Mezzanine Loans and Preferred Equity$0

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 brsp:PropertyOperatingExpense.

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 property operating expense?
BrightSpire Capital (BRSP) reported property operating expense of $20.08M in Q1 2026.
How has BrightSpire Capital's property operating expense changed year-over-year?
BrightSpire Capital's property operating expense increased by 101.5% year-over-year, from $9.97M to $20.08M.
What is the long-term trend for BrightSpire Capital's property operating expense?
Over 4 years (2021 to 2025), BrightSpire Capital's property operating expense has grown at a 21.5% compound annual growth rate (CAGR), from $30.29M to $65.91M.
What does property operating expense mean?
These are the direct costs associated with maintaining, managing, and operating real estate properties, including utilities, maintenance, and property management fees. Monitoring these expenses is essential for evaluating the operational efficiency of the real estate portfolio.