TerraCap Management, LLC is a commercial real estate investment manager focused on value-add real estate acquisitions in the South Atlantic, West Central South, and West Mountain regions of the United States. TerraCap considers thematic factors such as business formation, employment growth and population growth on a market-by-market basis, as most metros and submarkets have different economic-based industries and therefore move through their economic cycles differently. TerraCap makes moderate strategic overweighting or underweighting to markets, depending on the specific economic drivers influencing supply and demand. TerraCap intends to invest in assets so that no economic industry base will be allowed to dominate any property or the portfolio’s performance.
TerraCap has been in operation since 2008 with offices located in Naples, FL, Tampa, FL, Denver, CO, and the Atlanta, GA metro area. TerraCap utilizes what it believes are “Institutional Best Practices” in underwriting, investment committee memorandums, quarterly business plans for each property, quarterly reports, and annual financial audits. With over 17,000,000 square feet of real estate acquired to date, TerraCap currently manages in excess of 11,000,000 square feet. TerraCap’s value-oriented approach historically consists of purchasing properties below replacement cost with conservative leverage. This allows TerraCap to seek to capitalize on event oriented situations and other opportunities, as well as creating value and risk-adjusted returns that are positioned to outperform original targets, potentially creating both income and capital appreciation returns.