NEW YORK–(BUSINESS WIRING) – BrightSpire Capital, Inc. (“BrightSpire Capital” or “Company”) today announced a successful name change from Colony Credit Real Estate, Inc. The company also changed its primary location and headquarters from Los Angeles to New York, now located at 590 Madison Avenue, 33rd Floor, New York, NY 10022. The company will continue to trade on the New York Stock Exchange exchange, and trading will begin under its new ticker BRSP at the address the market will open on June 25, 2021. As previously announced, the Class A ordinary shares of the Company will carry 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 REITs for commercial real estate (CRE), focused on creating, acquiring, financing and managing a diversified portfolio consisting primarily of CRE debt and net leased real estate, predominantly in the United States. CRE’s debt investments mainly consist of the first mortgage loans, which we expect will be the main 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, its management and business, please refer to www.brightspire.com…
Forward-looking statements warning
This press release may contain forward-looking statements in accordance with federal securities laws. Forward-looking statements refer to expectations, beliefs, projections, plans and strategies for the future, expected events or trends, and similar statements regarding matters that are not historical facts. In some cases, you may identify forward-looking statements using forward-looking terminology such as may, will, should, expects, intends, plans, expects, believes, estimates , “Predicts” or “potentially” or denies these words and phrases or similar words or phrases that are predictions or indicate future events or trends and that do not relate exclusively to historical issues. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and unforeseen circumstances, many of which are beyond our control, and could cause actual results to differ materially from those expressed in any forward-looking statement. Additional information on these and other factors can be found in Part I, Clause 1A of the Company’s 10-K Annual Report for the fiscal year ended December 31, 2020, and other BrightSpire Capital documents to the United States Securities Fund. Commission. Moreover, each of the factors mentioned above is likely to also be directly or indirectly affected by the continued exposure to COVID-19, and investors are encouraged to interpret virtually all such statements and risks as being heightened by the continued exposure to COVID-19. More information about these and other factors can be found in BrightSpire Capital’s reports, which are filed with the US Securities and Exchange Commission from time to time.
BrightSpire Capital warns its investors not to rely excessively on any forward-looking statements. Forward-looking statements are valid only as of the date of this press release. BrightSpire Capital is under no obligation to update any of these forward-looking statements after the date of this press release or to reconcile prior statements with actual results or revised expectations, and BrightSpire Capital has no intention of doing so.