Terra Firma Capital Corporation
Terra Firma Capital Corporation
22 St. Clair Avenue East, Weston Centre Suite 200 Toronto, Ontario M4T 2S5
416 792-4707
Sector: Financial
Description
Terra Firma Capital Corporation is a financial service company that provides financial support to real estate companies throughout the United States and Canada. Terra Firma Capital Corporation is a public company listed on the TSX Venture Exchange – the Canadian market – with its common shares trading under the ticker symbol TII.
The Toronto-based company offers a full range of real estate financing solutions tailored to the client’s requirements. It provides all types of debt financing, including first and second mortgages, to the developers and owners of residential, commercial and retail properties.
Terra Firma Capital even offers 50 per cent to 70 per cent equity financing to the real estate partners. And, the partners manage the regular operations of the joint venture projects.
The company funds different types of loans to real estate corporations, including:
• Land Acquisition and Development Capital
• Land Banking
• Inventory Financing
• Bridge Financing
• Equity Financing
Terra Firma facilitates funds to real estate businesses requiring one-year to five-year term loans to develop and redevelop residential or commercial real estate assets. In addition, the company provides financial products, such as
• Construction loans
• High leverage participating loans
• Project financing for multiple real estates
• Lot Inventory/land bank loans
• Equity take out loans
Terra Firma Capital Corporation operates its business activities through three primary segments:
• Loan and Mortgage Investments
• Loan and Mortgage Syndication
• Net Investments
Out of all operating segments, the company generates a significant part of its revenue from the Loan and Mortgage Investment division. The real estate-focused financer invests in quality residential and commercial projects backed up by trusted/ trustable partners. The company mainly aims for urban and suburban development projects in key markets throughout North America.
Peers

FAP
Aberdeen Asia-Pacific Income Investment

PDH
Premier Diversified Holdings Inc.

PSLV
Sprott Physical Silver Trust

BMO
Bank of Montreal

BRN.PR.A
Brookfield Investments Corporation

GFL
GFL Environmental Inc

WTE
Westshore Terminals Investment Corp

LPC
Lorne Park Capital Partners Inc.

FNR
49 North Resources Inc.

DELX
Delphx Capital Markets Inc

ACD
Accord Financial Corp.

TD
Toronto-Dominion Bank