BrightSpire Capital, Inc. - Form 8-K Filing

BrightSpire Capital, Inc. (the "Company") has entered into an Agreement for Purchase and Sale of Real Estate with ALTOAZ001 LLC and ALTRCA001 LLC for the acquisition of two industrial real properties located in Tolleson, Arizona, and Tracy, California. The total consideration for the sale is $300,000,000. This sale is part of the Company's strategy to divest from real estate investments and focus on first mortgage loans. The transaction is expected to close by September 14, 2026, subject to certain conditions, including lender approval for the assumption of existing mortgage and mezzanine loans on the properties. The properties had a GAAP carrying value of approximately $239 million as of March 31, 2026.