WAY Wednesday | August 27, 2025

Capital Provider of the Week

BrightSpire Capital, Inc. (NYSE: BRSP), headquartered in New York with a significant presence in Los Angeles, is a publicly traded, internally managed commercial real estate credit REIT focused on originating, acquiring, financing, and managing a diversified portfolio of commercial real estate debt and net-leased investments nationwide. BrightSpire was formerly the commercial real estate business of Colony Capital, before being rebranded and spun out as an independent platform.  Backed by a seasoned team with deep expertise across the capital stack—including senior mortgage loans, mezzanine loans, preferred equity, and CRE debt securities—BrightSpire delivers flexible, tailored financing solutions with a disciplined, client-focused approach grounded in transparency, alignment of interests, and execution certainty, making it a trusted and strategic partner to the WAY Capital team. 

Capital Types: Senior Debt, Sub-Debt
Financing Types: Bridge, Construction
Asset Classes: Hospitality, Industrial, Multifamily, Retail, Specialty
Geographic Focus: Nationwide


WAY Back Wednesday…

In 2019, WAY Capital arranged the acquisition financing for the Pantai Inn in La Jolla, California. The financing provided the sponsor with funds to complete the acquisition and execute on a repositioning strategy through stabilization.

The boutique, 30-key hotel is situated directly across from the Pacific Ocean in La Jolla, one of the most exclusive coastal communities in the US and is consistently ranked as a premier guest destination.

At the time of the financing, the property provided immediate cash flow with strong upside potential through operational improvements, rebranding opportunities, and possible expansion or redevelopment. With prime oceanfront views, on-site parking, and proximity to La Jolla’s beaches, dining, and cultural attractions, the hotel represented a rare off-market acquisition in a high-barrier-to-entry location.

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