http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2024, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Fri, 09 Aug 2024 08:02:14 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Corporate+News/BrightSpire+Capital%2C+Inc.+%28BRSP%29+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577606.html <p>BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs.</p><p> </p><p>The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use (13.8%), hospitality (7.1%), office (2.8%) http://www.streetinsider.com/Corporate+News/BrightSpire+Capital%2C+Inc.+%28BRSP%29+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577606.html Fri, 09 Aug 2024 08:02:14 -0400 BRSP CLNC http://www.streetinsider.com/Corporate+News/BrightSpire+Capital%2C+Inc.+%28BRSP%29+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577606.html <p>BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs.</p><p> </p><p>The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use (13.8%), hospitality (7.1%), office (2.8%) http://www.streetinsider.com/Corporate+News/BrightSpire+Capital%2C+Inc.+%28BRSP%29+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577606.html Fri, 09 Aug 2024 08:02:14 -0400 BRSP CLNC http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Press+Releases/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032 http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html <p> NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estate Collateralized Loan Obligation (the “2024-FL2 CLO”) on August 1, 2024. The transaction is scheduled to close on August 15, 2024. The 2024-FL2 CLO is collateralized by interests in 22 first-lien floating-rate mortgages secured by 25 properties, with an 86.50% initial advance rate at a weighted average coupon at issuance of Term SOFR+2.47%, before transaction costs. </p><p> The asset collateral is located across 9 states and primarily consists of multifamily properties (74.3%), mixed-use http://www.streetinsider.com/Business+Wire/BrightSpire+Capital+Announces+Pricing+of+%24675+Million+BRSP+2024-FL2+Commercial+Real+Estate+CLO+and+the+Redemption+of+CLNC+2019-FL1/23577551.html Fri, 09 Aug 2024 08:00:00 -0400 A.03080680 A.09577865 A.09642568 A.16486826 A.35966458 A.37967807 BRSP CLNC O.00092391 O.00162324 O.01670125 O.03028076 O.20371933 O.37720032