NEW YORK–(COMMERCIAL THREAD) – BrightSpire Capital, Inc. (âBrightSpire Capitalâ or the âCompanyâ) today announced its successful name change from Colony Credit Real Estate, Inc. The Company also changed its principal place of business and registered office from Los Angeles in New York City, now located at 590 Madison Avenue, 33rd Floor, New York, NY 10022. The Company will continue to be listed on the New York Stock Exchange, with trading scheduled to begin under its new ticker symbol, BRSP, at market opened on June 25, 2021. As previously announced, the Company’s Class A common shares will bear the new number CUSIP 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, establishment-focused commercial real estate credit REITs (CREs), the acquisition, financing and management of a diversified portfolio made up mainly of investments in CRE debt and net buildings mainly leased in the United States. The investments in CRE’s debt consist primarily of senior mortgages, which we expect to be the primary investment strategy. BrightSpire Capital is organized as a Maryland corporation and taxed as a REIT for US federal income tax purposes. For more information on the Company, its management and its activities, please refer to www.brightspire.com.
Caution regarding forward-looking statements
This press release may contain forward-looking statements within the meaning of federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions regarding matters that are not historical facts. In some cases, you can identify forward-looking statements by using forward-looking terminology such as âmayâ, âwillâ, âshouldâ, âexpectsâ, âintendsâ, âanticipatesâ, âanticipatesâ, “” Believes “,” estimates “,” predicts “or” potential “or the negative of such words and expressions or similar words or expressions which are predictions or indicate future events or trends and which do not relate solely to historical questions. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond our control, and may cause actual results to differ significantly from those expressed in any forward-looking statement. Additional information on these and other factors can be found in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, as well as other documents filed by BrightSpire Capital with the US Securities and Exchange. Commission. In addition, each of the factors referenced above is likely to be also directly or indirectly impacted by the continued impact of COVID-19 and investors are urged to interpret almost all of these statements and risks as being heightened in due to the continued impact of COVID-19[FEMININE. Additional information on these and other factors can be found in BrightSpire Capital’s reports filed from time to time with the United States Securities and Exchange Commission.
BrightSpire Capital cautions its investors not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date of this press release. BrightSpire Capital has no obligation to update these forward-looking statements after the date of this press release, nor to comply with any statements made prior to actual results or revised expectations, and BrightSpire Capital does not intend to do so. make.