“The borrower came to us with a very tight timeline after having been left at the altar by another lender. Given our relationship with the seller we were able to, within the first week of being introduced to the deal, help our borrower negotiate an extension." said Dan Cooperman, Managing Director of Terra Capital Partners. "Even though we had yet to close a deal in Milwaukee, we were able to quickly get up to speed on the local market and sponsorship and in the end closed the deal earlier than required." added Cooperman.
Terra Capital Partners fills the gap between the first mortgage loan and the borrower’s equity by funding up to 90% of the value of the underlying property. TCP invests in loans backed by office, retail, multifamily and industrial properties located throughout the United States. The loans are sourced through mortgage brokers and strategic lending alliances with top senior lenders nationwide. Terra has complete discretion over its funds and typically holds its loans through maturity.
Since 2002, Terra has originated over 125 debt and equity investments nationwide.

For additional information please contact Dan Cooperman at (212) 753-5100 or visit our website: www.terracapitalpartners.com