Terra Firma Capital Corporation
TFCCF
Other OTC5.33
USD
+0.24
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Terra Firma Capital Corporation
TFCCF
(Other OTC)
Recent
price
5.33
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Terra Firma Capital Corporation (TFCCF) is a private real estate finance company that provides customized debt and equity solutions to developers, homebuilders, and property owners in the real estate industry. The company offers a comprehensive suite of financing products, including first mortgages; second mortgages and mezzanine financing; inventory financing through lot and land banking; equity investments; and preferred equity, primarily targeting commercial and residential development land and projects in urban and suburban high-growth markets across Canada and the United States. Headquartered in Toronto, Canada, with its main office at 970 Lawrence Avenue West, Suite 401, Terra Firma was established in 2009 as a subsidiary of GM Capital Corporation. In recent developments, the company was acquired and privatized in 2023 by Y. Dov Meyer and Seth Greenspan through GM Capital Corporation in a transaction valued at C$46 million, following the completion of a plan of arrangement. In February 2024, Terra Firma appointed Seth Greenspan as President and Chief Executive Officer and opened its new corporate headquarters in Toronto, marking a significant operational expansion. Additionally, in August 2024, the company announced six new land banking investments in the United States, while in May 2024 it welcomed Jun Lee as Vice President of Finance to bolster its senior management team. These changes reflect Terra Firma's strategic focus on growth, leadership strengthening, and active deployment of capital in its core lending activities.
Terra Firma Capital Corporation Appoints Seth Greenspan as President and CEO and Opens New Office in Toronto
Terra Firma Capital Corporation Completes Plan of Arrangement
Terra Firma Capital Corporation Provides Update on Arrangement and Reminder to Vote
Terra Firma Capital Corporation Announces Definitive Agreement to Be Acquired in Transaction Valued at C$46 Million
Terra Firma Capital Corporation Announces Second Quarter 2023 Financial Results
Terra Firma Capital Corporation Provides Update on its "Strategic Alternatives Review"