Terra Capital Partners is a real estate credit asset manager. The firm engages in commercial real estate debt origination and primarily focuses on properties and construction projects across the United States. They provide bridge and mezzanine loans, as well as make preferred and joint venture equity investments.
Terra Capital Partners was founded in 2002 and is headquartered in New York City.
High-Level Lending Parameters
Loan Amounts: $15-100 million
Loan-to-Value: Up to 90%
Lending Terms: 1 to 7 years
Interest Rate: LIBOR + 6% to 20%
Asset Classes: All property types
- Office: A $61.5 million loan for the construction of a ground-up office development in Redwood City, California
- Mixed-Use: A $57 million bridge loan for the recapitalization of a mixed-use property in Miami, Florida
- Condominium: A $57 million loan for the financing of the development of a 21-story condominium residential building on the Upper East Side in New York, NY