BrightSpire Capital, Inc. Completes Name Change from Colony Credit Real Estate, Inc.
June 24 2021 - 9:00AM
Business Wire
BrightSpire Capital, Inc. (“BrightSpire Capital” or the
“Company”) announced today its successful name change from Colony
Credit Real Estate, Inc. The Company has also changed its principal
place of business and corporate headquarters from Los Angeles to
New York City, now to be located at 590 Madison Avenue, 33rd Floor,
New York, NY 10022. The Company will continue to be publicly traded
on the New York Stock Exchange, with trading to begin under its new
ticker symbol, BRSP, at market open on June 25, 2021. As previously
announced, the Company’s Class A common stock will bear a new CUSIP
number of 10949T 109.
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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, focused on
originating, acquiring, financing and managing a diversified
portfolio consisting primarily of CRE debt investments and net
leased properties predominantly in the United States. CRE debt
investments primarily consist of first mortgage loans, which we
expect to be the primary investment strategy. BrightSpire Capital
is organized as a Maryland corporation and taxed as a REIT for U.S.
federal income tax purposes. For additional information regarding
the Company and its management and business, please refer to
www.brightspire.com.
Cautionary Statement Regarding Forward-Looking
Statements
This press release may contain forward-looking statements within
the meaning of the federal securities laws. Forward-looking
statements relate to expectations, beliefs, projections, future
plans and strategies, anticipated events or trends and similar
expressions concerning matters that are not historical facts. In
some cases, you can identify forward-looking statements by the use
of forward-looking terminology such as “may,” “will,” “should,”
“expects,” “intends,” “plans,” “anticipates,” “believes,”
“estimates,” “predicts,” or “potential” or the negative of these
words and phrases or similar words or phrases which are predictions
of or indicate future events or trends and which do not relate
solely to historical matters. 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 about these and
other factors can be found in Part I, Item 1A of the Company’s
Annual Report on Form 10-K for the fiscal year ended December 31,
2020, as well as in BrightSpire Capital’s other filings with the
U.S. Securities and Exchange Commission. Moreover, each of the
factors referenced above are likely to also be impacted directly or
indirectly by the ongoing impact of COVID-19 and investors are
cautioned to interpret substantially all of such statements and
risks as being heightened as a result of the ongoing impact of the
COVID-19. Additional information about these and other factors can
be found in BrightSpire Capital’s reports filed from time to time
with the U.S. Securities and Exchange Commission.
BrightSpire Capital cautions its investors not to unduly rely on
any forward-looking statements. The forward-looking statements
speak only as of the date of this press release. BrightSpire
Capital is under no duty to update any of these forward-looking
statements after the date of this press release, nor to conform
prior statements to actual results or revised expectations, and
BrightSpire Capital does not intend to do so.
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Investor Relations BrightSpire Capital, Inc. Addo
Investor Relations Lasse Glassen 310-829-5400
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