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$BRSP
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Consolidated balance sheets

In millions of USD, except per-share amounts
Q2 FY2026
As of Jun 30, 2026
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
Q3 FY2025
As of Sep 30, 2025
Q2 FY2025
As of Jun 30, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
Assets
Cash and cash equivalents
Primary beneficiary
Total cash and cash equivalents
Restricted cash
Primary beneficiary
Total restricted cash
Loans and preferred equity held for investment
Current expected credit loss reserve
Loans and preferred equity held for investment, net
Primary beneficiary
Total loans and preferred equity held for investment, net
Real estate, net
Primary beneficiary
Total real estate, net
Investments in unconsolidated ventures
Total investments in unconsolidated ventures
Receivables, net
Primary beneficiary
Total receivables, net
Deferred leasing costs and intangible assets, net
Primary beneficiary
Total deferred leasing costs and intangible assets, net
Assets held for sale
Other assets
Primary beneficiary
Total other assets
Primary beneficiary
Total assets
Liabilities
Securitization bonds payable, net
Primary beneficiary
Total securitization bonds payable, net
Mortgage and other notes payable, net
Primary beneficiary
Total mortgage and other notes payable, net
Credit facilities
Primary beneficiary
Total credit facilities
Accrued and other liabilities
Primary beneficiary
Total accrued and other liabilities
Intangible liabilities, net
Primary beneficiary
Total intangible liabilities, net
Liabilities related to assets held for sale
Escrow deposits payable
Primary beneficiary
Total escrow deposits payable
Dividends payable
Primary beneficiary
Total liabilities
Equity
Stockholders’ equity
Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively
Common stock, $0.01 par value per share, Class A, 950,000,000 shares authorized, 126,789,991 and 128,627,246 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive loss
Total stockholders’ equity
Noncontrolling interests in investment entities
Total equity
Total liabilities and equity

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