Brightspire Capital, Inc. (NYSE:BRSP) Q3 2023 Earnings Conference Call October 31, 2023 11:00 AM ET
Company Participants
David Palame - General Counsel
Mike Mazzei - Chief Executive Officer
Andy Witt - President & Chief Operating Officer
Frank Saracino - Chief Financial Officer
Kurt Yuen - Head, Corporate Finance
Conference Call Participants
Sarah Barcomb - BTIG
Stephen Laws - Raymond James & Associates
Matthew Howlett - B. Riley
Steve Delaney - JMP Securities
Matthew Erdner - JonesTrading
Operator
Greetings, and welcome to the BrightSpire Capital, Inc. Third Quarter 2023 Earnings Conference Call. At this time, participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce David Palame, General Counsel. Thank you, David. You may begin.
David Palame
Good morning, and welcome to BrightSpire Capital's third quarter 2023 earnings conference call. We will refer to BrightSpire Capital as BrightSpire, BRSP, or the company throughout this call.
Speaking on the call today are the company's Chief Executive Officer, Mike Mazzei, President and Chief Operating Officer, Andy Witt; and Chief Financial Officer, Frank Saracino,
Before I hand the call over, please note that on this call, certain information presented contains forward-looking statements. These statements, which are based on management's current expectations, are subject to risks, uncertainties and assumptions. Potential risks and uncertainties could cause the company's business and financial results to differ materially.
For a discussion of risks that could affect results, please see the Risk Factors section of our most recent 10-K and other risk factors and forward-looking statements in the company's current and periodic reports filed with the SEC from time to time. All information discussed on this call is as of today, October 31, 2023, and the company does not intend and undertakes no duty to update for future events or circumstances.
In addition, certain financial information presented on this call represents non-GAAP financial measures. The company's earnings release and supplemental presentation, which was released yesterday and is available on the company's website presents reconciliations to the appropriate GAAP measures and an explanation of why the company believes such non-GAAP financial measures are useful to investors. Finally, during the call, management may refer to distributable earnings as DE.
With that, I would now like to turn the call over to Mike.
Mike Mazzei
Thank you, David. Welcome to our third quarter earnings call, and thank you for joining us this morning. I'll start by making some brief comments about the third quarter and then turn the call over to Andy.