Terra Property Trust, Inc.

Overview

Terra Property Trust, Inc. is an externally managed real estate investment trust (REIT) based in New York City. The company specializes in originating, investing in, and managing loans and assets secured by commercial real estate across the United States. Its primary objective is to provide attractive risk-adjusted returns to stockholders through regular distributions, focusing on commercial real estate loans to creditworthy borrowers and generating a consistent low-volatility cash income stream. The company's investment strategy centers on originating debt and debt-like instruments, with a particular emphasis on middle-market loans ranging from $10 million to $50 million. Terra Property Trust primarily invests in floating-rate loans but also considers fixed-rate loans, aiming to maximize current income and lend to creditworthy borrowers. The portfolio is diversified by property type, geographic location, tenancy, and borrower source, and the company often engages in off-market transactions, holding loans until maturity unless market conditions dictate otherwise. Terra Property Trust has a track record of providing high current income to its stockholders, allowing for regular distributions and, in certain instances, benefiting from potential capital appreciation. The company has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes commencing with its taxable year ended December 31, 2016. It is externally advised by Terra REIT Advisors, LLC, an affiliate of Mavik Capital Management, LP.

Investment Focus

• Creditworthy borrowers
• Middle-market loans ($10 million to $50 million)
• Floating-rate loans preferred
• Diversified property types and geographic locations
• Off-market transactions considered
• Loans held until maturity unless market conditions dictate otherwise