Terra Firma Capital Corporation Launches USD 37.5 Million Debt Fund
January 28, 2021 at 06:30 pm IST
Terra Firma Capital Corporation announced the formation and launch of its first debt fund targeted for financing residential land and lot inventory for developers and landowners in the growing and vibrant U.S. housing market. The $37.5 million fund is comprised of $32.5 million of equity and $5.0 million of debt and is part of aseries of anticipated funds to be created in the future. Terra Firma will co-invest $3.375 million of equity in this firstdebtfund. The fund is fully subscribed.