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Wednesday, September 23, 2026The Morning Brief →Sign in
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J.P. Morgan Securities

NEW YORK, NY
CRD: 79
In PWD coverage since August 21, 2026 · 4 stories
$430BRegulatory AUMSEC Form ADV · Sep 18
8,703EmployeesForm ADV
-3Talent net · 12 months0 in · 3 out
Regulatory AUM · Aug 21Sep 18
Talent flow · 12 monthsOn the wire →
Net -3 · 0 arrivals · 3 departures
Arrivals
None tracked.
Departures
Elijah Brown
Aug 21 · to Wells Fargo Advisors
Christopher Jung Lee
May 28 · to Morgan Stanley Wealth Management
Joseph Minaudo
May 28 · to Morgan Stanley Wealth Management
PWD coverage
direct_lending

BrightSpire's fifth CRE CLO makes the shelf the funding model

A $960m print with $99m left to spend and a reinvestment window running into 2029 turns a once-opportunistic trade into the REIT's rated cost of capital for multifamily loans.
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