BrightSpire Capital is a commercial real estate credit REIT and bridge lender focused on originating, acquiring, financing and managing a diversified portfolio of CRE debt investments and net-leased assets nationwide.
The firm has approximately $3.75B in total assets, including an estimated $3B mortgage portfolio and projects $1.5B in loan production for 2026.
BrightSpire provides financing across the capital stack, including bridge and mezzanine loans, B-notes, stretch senior loans, construction and construction-to-permanent loans, first mortgages, adjustable-rate loans, preferred equity and acquisition financing.
Most loans are floating-rate, priced over a SOFR floor, with spreads based on asset type and risk. The firm also charges an origination fee of 1%.
BrightSpire lends across multiple property types, including multifamily, industrial, mixed-use, hospitality, office, retail and senior and student housing.
The lender was recently mentioned in a Crittenden Report story highlighting that borrowers are expected to see ample bridge capital in the lease-up space for newly built assets in 2026, particularly in the second half of the year.
The article notes that many lenders plan to increase origination volume, creating more competition and potentially more favorable terms for borrowers.
