Terra Property Trust, Inc.

Terra Property Trust, Inc. is a real estate investment trust that originates, invests in, and manages a diverse portfolio of real estate and real estate-related assets. The company primarily focuses on commercial real estate credit investments across the United States. These investments include first mortgage loans, subordinated loans (such as B-notes, mezzanine, and preferred equity), and credit facilities. These loans finance the acquisition, development, or recapitalization of high-quality commercial real estate. Terra Property Trust, Inc. targets middle market loans ranging from approximately $10 million to $50 million. The company also makes strategic real estate equity and non-real estate-related investments that align with its investment objectives. All of its investments were originated by Terra Capital Partners or its affiliates. As of December 31, 2025, the company's portfolio included underlying properties located in nine markets across seven states. Property types include multifamily housing, student housing, commercial offices, retail, mixed-use, and infill properties. These properties range from stabilized and value-added to pre-development and construction. The loans are structured across mezzanine debt, first mortgages, preferred equity investments, and credit facilities. Terra Property Trust, Inc. was incorporated in Maryland on December 31, 2015, and reorganized its business as a REIT at the beginning of 2016.