First and Second Mortgages and Mezzanine Financing

Terra Firma provides all types of debt including first and second mortgages and mezzanine loans.

We typically look to invest in the following opportunities:

  • Land ready for development
  • First and Second Mortgages for residential, commercial and retail properties
  • Short term bridge lending and special situation facilities

Products

Terra Firma Capital Corporation tailors each financing to suit the needs of the individual developer or investor by offering the following products:

  • Land Acquisition Loans
  • Land Acquisition and Development Loans
  • Land Acquisition and Development and Construction Loans (Low Rise Residential Assets)
  • Project Financing for Multi Family / Condominium / Mixed Use / Commercial
  • Lot Inventory / Land Bank Loans
  • High Leverage Participating Loans – (Residential Land Development)
  • Equity Take Out Loans

Investment Criteria

Typical investment criteria are as follows:

  • Non-Recourse Loans available
  • First or Second Mortgages
  • Loan to cost up to 85%
  • Defined exit strategy
  • Up to five year terms
  • Typical loan size from $3,000,000 to $20,000,000
  • Properties located in Canada and the United States

All of Terra Firma Capital Corporation’s real estate lending activities are conducted through TFMA, a licensed mortgage broker.

Terra Firma MA Ltd. Brokerage Licence #12425