- CEO
- Vikram S. Uppal
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Address
- New York City MD United States of America
- IPO Date
- Feb 11, 2021
- Business
- Terra Income Fund 6, LLC (NYSE: TFSA) operates as a closed-end investment fund that originates, acquires, structures and manages a diversified portfolio of commercial real estate-related loans and preferred equity investments in the United States. The company provides mezzanine loans, first mortgage loans, second mortgage loans, subordinated mortgage loans, bridge loans, preferred equity investments and other debt instruments secured by high-quality commercial real estate properties, including office, retail, industrial, multifamily and hospitality assets; its investment activities are externally managed by Terra REIT Advisors, LLC, an affiliate of its parent company, Terra Property Trust, Inc. (Terra REIT), with a focus on generating stable income streams to support regular distributions to Terra REIT stockholders.
Founded on May 15, 2013 and headquartered in New York, New York, Terra Income Fund 6, LLC serves as a wholly owned subsidiary of Terra Property Trust, Inc., targeting creditworthy borrowers and properties expected to produce sustainable cash flows across diverse geographies within the U.S.
In a major strategic development, the company completed a merger with Terra Property Trust in October 2022, valued at approximately $350 million, following stockholder approval in September 2022, which integrated its operations into the larger REIT structure to enhance scale and investment capabilities. More recently, in May 2023, Terra Income Fund 6, LLC settled a $10.0 million mezzanine loan originated in December 2022 by making a $27.4 million cash payment in exchange for an 80% equity interest in a joint venture owning a real estate portfolio, accounted for as an equity method investment. The company issued 7.00% fixed-rate notes due March 31, 2026 (Ticker: TFSA), with an outstanding principal of $34.75 million, to support its funding needs amid ongoing portfolio management. As of its latest SEC filings, including the Form 10-K for the year ended December 31, 2024 filed on March 14, 2025, and quarterly reports through June 30, 2025, the fund continues to emphasize income generation and capital preservation without additional major acquisitions or partnerships announced in the past year.