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BrightSpire Capital Announces Closing of $955 Million BRSP 2026-FL3 Commercial Real Estate CLO and the Redemption of BRSP 2021-FL1
NEW YORK, February 17, 2026--BrightSpire Capital, Inc. (NYSE: BRSP) ("BrightSpire Capital" or the "Company") announced today that it closed BRSP 2026-FL3, a $955 million managed Commercial Real Estate Collateralized Loan Obligation (the "2026-FL3 CLO") on February 17, 2026. The Company placed approximately $833.2 million of investment grade securities with institutional investors providing term financing on a non-mark-to-market, non-recourse basis. The 2026-FL3 CLO is collateralized by interests
About this update from Brightspire Capital, Inc.
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