CLNC - Dividend announcements

BrightSpire Capital, Inc. (NYSE:BRSP) ("BrightSpire Capital" or the "Company") today announced that the Company's Board of Directors has declared a dividend of $0.20 per share of Class A common stock for the quarter ending September 30, 2022. The dividend is payable on October 14, 2022 to stockholders of record as of September 30, 2022. About BrightSpire Capital, Inc. BrightSpire Capital, Inc. (NYSE:BRSP), formerly Colony Credit Real Estate, Inc. (NYSE:CLNC), is internally managed and 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 an

BrightSpire Capital, Inc. (NYSE:BRSP) ("BrightSpire Capital" or the "Company") today announced that the Company's Board of Directors has declared a dividend of $0.20 per share of Class A common stock for the quarter ending June 30, 2022. The dividend is payable on July 15, 2022 to stockholders of record as of June 30, 2022. About BrightSpire Capital, Inc. BrightSpire Capital, Inc. (NYSE:BRSP), formerly Colony Credit Real Estate, Inc. (NYSE:CLNC), is internally managed and 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

BrightSpire Capital, Inc. (NYSE:BRSP) ("BrightSpire Capital" or the "Company") today announced that the Company's Board of Directors have authorized a stock repurchase program, under which the Company may repurchase up to $100 million of its outstanding Class A common stock until April 30, 2023 (the "Stock Repurchase Program"). Under the Stock Repurchase Program, the Company may repurchase shares in open market purchases, in privately negotiated transactions or otherwise. The Stock Repurchase Program will be utilized at management's discretion and in accordance with the requirements of the Securities and Exchange Commission. The timing and actual number of shares repurchased will depend on

BrightSpire Capital, Inc. (NYSE:BRSP) ("BrightSpire Capital" or the "Company") today announced that the Company's Board of Directors has declared a dividend of $0.19 per share of Class A common stock for the quarter ending March 31, 2022. The dividend is payable on April 15, 2022 to stockholders of record as of March 31, 2022. About BrightSpire Capital, Inc. BrightSpire Capital, Inc. (NYSE:BRSP), formerly Colony Credit Real Estate, Inc. (NYSE:CLNC), is internally managed and 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 leas

Colony Credit Real Estate, Inc. (NYSE:CLNC) (the "Company") today announced the completion of the previously announced internalization of the Company's management and operating functions and termination of the management agreement between the Company and its external manager, CLNC Manager, LLC, a subsidiary of Colony Capital, Inc. (the "Manager" or "Colony Capital"). The Company made a one-time cash payment of $102.3 million to the Manager to terminate the management agreement. The internalization will enhance the Company's positioning and is expected to produce meaningful benefits to all stockholders, including: substantial anticipated cost savings of approximately $14 to 16 million per

LOS ANGELES--(BUSINESS WIRE)--Colony Credit Real Estate, Inc. (NYSE: CLNC) (the “Company”) today announced that the Company and its external manager, CLNC Manager, LLC, a subsidiary of Colony Capital, Inc. (the “Manager” or “Colony Capital”), have signed definitive agreements to consensually terminate the management agreement and internalize the Company’s management and operating functions. This internalization transaction is a result of the previously announced strategic alternative review process to maximize shareholder value that was undertaken by the Company’s special committee, consisting exclusively of independent and disinterested directors of the Company (the “Special Commit