If you're interested in learning more about Terra's upcoming sub-institutional value-add multifamily opportunities: Register Here
Focused on small-to-mid sized residential buildings in high growth midwestern markets: Pittsburgh, Columbus, and Indianapolis
We aggregate off-market, value-add properties for sale to institutional investors as scaled real estate portfolios hedged across sub-markets
Terra Fund I is a $5M Pittsburgh-only investment fund employing Terra’s roll-up strategy launched in 2020 – Pittsburgh is a focus area in Fund II
Our markets have strong fundamentals around affordability, population growth, and quality job growth in healthcare, education and tech
• Data-driven approach to
identify off-market deals
• Tailored omni-platform seller outreach strategies
• Market-specific acquisitions team and go-to-market branding
• Rapid due diligence and
motivating deal structures
• Employ local labor force to reduce costs, conform to market
• Bi-weekly in-person check-ins to ensure progress, budget
• Selective subcontracting to reduce general contractor fees
• Utilize portfolio scale to
contract across multiple projects
• Manage in-house at wellbelow-market management fees
• Strategic leasing to maximize rent, lease timing and incentives
• Minimize OpEx with efficiency fixtures, submetering, extras
• Ramble partnership to
minimize vacancy and drive NOI
• Market assets collectively
as a portfolio to realize arbitrage
• Select experienced brokers well versed in portfolio sales
• Engage institutional buyers that compete for portfolios
• Operate with a sale in mind prioritizing pro forma NOI
Series of 2-15 Unit Buildings
• Data-driven approach to
identify off-market deals
• Tailored omni-platform seller outreach strategies
• Market-specific acquisitions team and go-to-market branding
• Rapid due diligence and
motivating deal structures
Top-of-Market Quality
• Employ local labor force to reduce costs, conform to market
• Bi-weekly in-person check-ins to ensure progress, budget
• Selective subcontracting to reduce general contractor fees
• Utilize portfolio scale to
contract across multiple projects
Cashflow and Pro Forma NOI
• Manage in-house at wellbelow-market management fees
• Strategic leasing to maximize rent, lease timing and incentives
• Minimize OpEx with efficiency fixtures, submetering, extras
• Ramble partnership to
minimize vacancy and drive NOI
As a Portfolio of Properties
• Market assets collectively
as a portfolio to realize arbitrage
• Select experienced brokers well versed in portfolio sales
• Engage institutional buyers that compete for portfolios
• Operate with a sale in mind prioritizing pro forma NOI
“Growth is now returning to many Midwest markets – especially those that function as regional centers – because of the expansion of jobs in the healthcare and business services sectors. As elsewhere in the country, these services are becoming more concentrated in large urban centers, creating opportunities for investors in rental housing”
– Forbes
