BrightSpire Capital, Inc. Completes Name Change from Colony Credit Real Estate, Inc.
NEW YORK–(BUSINESS WIRE) – BrightSpire Capital, Inc. (“BrightSpire Capital” or the “Company”) today announced its successful name change from Colony Credit Real Estate, Inc. The company also has its headquarters and corporate offices in Los Angeles in New York City, now at 590 Madison Avenue, 33rd Floor, New York, NY 10022. The company continues to be publicly traded on the New York Stock Exchange, trading below its new ticker symbol BRSP below. market opening begins on June 25, 2021. As previously announced, the company’s Class A common shares will bear the new CUSIP number 10949T 109.
About BrightSpire Capital, Inc.
BrightSpire Capital, Inc. (NYSE: BRSP), formerly Colony Credit Real Estate, Inc. (NYSE: CLNC), is one of the largest publicly traded Commercial Real Estate (CRE) credit REITs specializing in origination, acquisition, and financing Management focuses a diversified portfolio consisting primarily of CRE debt investments and net leased real estate primarily in the United States. CRE debt investments are mostly made up of initial mortgage loans that we expect to be the primary investment strategy. BrightSpire Capital is organized as a Maryland corporation and is taxed as a REIT for US federal income tax purposes. For more information about the company and its management and business, please visit www.brightspire.com.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of US securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, expected events or trends, and similar statements about matters that are not historical facts. In some instances, you may suspect forward-looking statements using forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “planet,” “expects,” “believes,” “estimates”, ” forecast ”or“ potential ”or the negative of these words and phrases or similar words or phrases that are or indicate predictions of future events or trends and that are not related solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond our control, and could cause actual results to differ materially from those expressed in the forward-looking statements. Please refer to Part I, Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, and BrightSpire Capital’s other filings with the US Securities and Exchange Commission for more information about these and other factors. In addition, any of the above factors are also likely to be directly or indirectly affected by the ongoing effects of COVID-19, and investors are cautioned to keep essentially all of these statements and risks as a result of the ongoing effects of COVID-19. For more information about these and other factors, please refer to BrightSpire Capital’s reports from time to time with the US Securities and Exchange Commission.
BrightSpire Capital cautions investors not to place undue reliance on forward-looking statements. The forward-looking statements speak only as of the date of this press release. BrightSpire Capital has no obligation, and BrightSpire Capital does not intend to update these forward-looking statements after the date of this press release or to reflect actual results or revised expectations.