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Private Equity

Terra Capital Partners Secures $150M Financing

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NEW YORK, Dec. 18, 2018 /PRNewswire/ -- Terra Capital Partners ("Terra"), a New York City based real estate credit asset manager, today announced that it has secured a $150 million credit line from Goldman Sachs Bank USA. The financing will facilitate the expansion of Terra's investment strategy, which will now include first mortgage originations, a natural extension of its existing mezzanine and preferred equity business. "This is an exciting time for Terra and an important step in our evolution," said Vik Uppal, Terra's Chief Executive Officer.

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