Testimonials and Recent Transactions
Borrower/Broker Quotes
“TerraCotta was a professional pleasure to work with on the financing of our high-rise development site in Los Angeles. Their team was quick to underwrite the transaction with competitive terms and expediently executed due diligence and closing with streamlined documentation. TerraCotta’s capital strength, market knowledge and personalized hands-on approach provides confidence in getting your deal financed.”
Darrin Olson
Realm Group
“This was a great transaction to get done with Terra Cotta Group. This was a unique transaction with multiple moving pieces and Terra Cotta Group was able to quickly understand the transaction, structure a deal that allowed the borrower the execute their business plan and smoothly close on a short timeline. Overall, a great execution, smooth closing and outcome for the borrower with Terra Cotta Group!”
Jamie Kline
JLL Capital Markets
“In the ever evolving world of retail real estate, TerraCotta has proven time and again they are capable of performing – and performing quickly. They come with the highest of recommendations.”
Loren M. Cohen
McBride-Cohen Management Group, LLC
“We recently had the pleasure of working with TerraCotta on an acquisition loan for a proposed grocery-anchored retail center in Vancouver, Washington. We were impressed by the level of professionalism from the kickoff call, through processing and legal and ultimately with the closing of the loan. During these uncertain times certainty of execution is paramount and TerraCotta has proven that they are both competitive and reliable.”
Daniel Natsch
McBride Capital
“We are thrilled to get this financing completed with TerraCotta. There were a multitude of hurdles related to COVID-19 that affected both the capital markets and the ability to complete the construction of the building due to “shelter in place” and TerraCotta met each hurdle with flexibility and a smart, reasonable approach. It was my first deal with the TerraCotta team and I can’t speak highly enough about the professionalism of their team and the quality of their execution.”
Mike Walker
Senior Vice President CBRE Debt & Structured Finance
“TerraCotta has been great to work with! They were able to navigate a complicated refinancing transaction including providing creative solutions to support an evolving business plan. I appreciated TerraCotta’s agility and responsiveness, especially in overcoming the many challenges of doing business during the COVID-19 pandemic.”
Nathan George
Sponsor
“Terra Cotta was able to execute at amazing speed to get this transaction closed. But most importantly they quoted the deal quickly and closed as applied for, truly a seamless process.”
William Hancock
Vice President, Northmarq, Dallas
“Terracotta provided timely and detailed execution for a very complicated transaction. I highly recommend Terracotta and look forward to many more deals in the future”
Andy Meyers
CEO, Shangri-La Construction
“TerraCotta provided the Borrower with an accretive loan structure and certainty of execution on a tight timeline. The client service and performance was excellent. We’re looking forward to our next opportunity to work with Darren and team.”
Charlie Watson
JLL
“TerraCotta was excellent to work with on a complicated deal with an accelerated closing timeline. They took the time to understand the issues upfront which provided both borrower and broker certainty of execution. We would absolutely recommend them and look forward to doing more business together.”
Brian Torp & Peter Thompson
JLL
“This is now the 3rd loan we have secured with TerraCotta. We continue to be impressed with their professionalism, nimbleness, and speed of execution. We look forward to working with TerraCotta on additional loan needs in the future”
Eri Kroh,
President and Founder, Sandstone Properties, Inc.
“TerraCotta was able to quickly and efficiently partner with us on our most recent land development purchase in Downtown LA. The TerraCotta team structured a loan facility that complemented our business plan and collaboratively worked with us through loan documents which allowed our team to focus on other aspects of our tight closing timeframe. We are looking forward to working with TerraCotta on future loans.”
Beau Donohoe
Relevant Group
“The team at TerraCotta exceeded expectations from start to finish. The team fully underwrote the deal in a timely manner, structured a loan in accordance with the sponsor’s needs, and closed in less than two weeks to meet a tight closing deadline”
Carl Beardsley
JLL
“McBride Capital recently had the pleasure of working with TerraCotta on an acquisition and predevelopment loan for a proposed grocery-anchored retail center in Vancouver, Washington. They delivered competitive terms and the ability to close in less than 30 days, both of which they executed on. We at McBride Capital, as well as our client, were impressed by the level of professionalism from the kickoff call, through processing and legal and ultimately with the closing of the loan. During these uncertain times certainty of execution is paramount and TerraCotta has proven that they are both competitive and reliable. This transaction represented our first with TerraCotta and we look forward to working with their team again soon.”
Daniel Natsch
Managing Director of McBride Capital, LLC
“In an incredibly fast-paced development environment, there are very few lenders who are capable of adapting and pivoting in the way and to the extent that developers do. TerraCotta is certainly one of those select few.”
Asher Luzzatto
President of The Luzzatto Company
“TerraCotta stepped up again for our client on a deal with a lot of moving parts. When we received tenant interest after being under application, the TerraCotta team was able to upsize the loan and adjust the timeline to enable our borrower to execute a lease with a great tenant. We could not be happier with how attentive and reasonable the TerraCotta team is.”
Jeff Sause
JLL Los Angeles
“TerraCotta provided the borrower certainty of execution in a 2 week closing, and a loan structure that met the borrower’s business plan and objectives. The client service and performance was flawless.”
Tom Wilson
Co-Head of Seattle and Portland HFF offices
“We have worked with Terracotta multiple times on deals with short fuses. They were not simple deals, but they moved fast and did what they said they would do. We will absolutely continue to work with them and would recommend them without reservation.”
Jack Kappe
Focus Real Estate LP
“TerraCotta was able to quickly and efficiently partner with us on our most recent land development purchase in Downtown LA. The TerraCotta team structured a loan facility that complemented our business plan and collaboratively worked with us through loan documents which allowed our team to focus on other aspects of our tight closing timeframe. We are looking forward to working with TerraCotta on future loans.”
Beau Donohoe
Relevant Group
“Terracotta provided timely and detailed execution for a very complicated transaction. I highly recommend Terracotta and look forward to many more deals in the future”
Andy Meyers
CEO, Shangri-La Construction
“This is now the 3rd loan we have secured with TerraCotta. We continue to be impressed with their professionalism, nimbleness, and speed of execution. We look forward to working with TerraCotta on additional loan needs in the future”
Eri Kroh
President and Founder, Sandstone Properties, Inc.
“TerraCotta has been great to work with! They were able to navigate a complicated refinancing transaction including providing creative solutions to support an evolving business plan. I appreciated TerraCotta’s agility and responsiveness, especially in overcoming the many challenges of doing business during the COVID-19 pandemic.”
Nathan George
Sponsor
“In the ever evolving world of retail real estate, TerraCotta has proven time and again they are capable of performing – and performing quickly. They come with the highest of recommendations.”
Loren M. Cohen
McBride-Cohen Management Group, LLC
“McBride Capital recently had the pleasure of working with TerraCotta on an acquisition and predevelopment loan for a proposed grocery-anchored retail center in Vancouver, Washington. They delivered competitive terms and the ability to close in less than 30 days, both of which they executed on. We at McBride Capital, as well as our client, were impressed by the level of professionalism from the kickoff call, through processing and legal and ultimately with the closing of the loan. During these uncertain times certainty of execution is paramount and TerraCotta has proven that they are both competitive and reliable. This transaction represented our first with TerraCotta and we look forward to working with their team again soon.”
Daniel Natsch
Managing Director of McBride Capital, LLC
“In an incredibly fast-paced development environment, there are very few lenders who are capable of adapting and pivoting in the way and to the extent that developers do. TerraCotta is certainly one of those select few.”
Asher Luzzatto
President of The Luzzatto Company
“TerraCotta stepped up again for our client on a deal with a lot of moving parts. When we received tenant interest after being under application, the TerraCotta team was able to upsize the loan and adjust the timeline to enable our borrower to execute a lease with a great tenant. We could not be happier with how attentive and reasonable the TerraCotta team is.”
Jeff Sause
JLL Los Angeles
“TerraCotta provided the borrower certainty of execution in a 2 week closing, and a loan structure that met the borrower’s business plan and objectives. The client service and performance was flawless.”
Tom Wilson
Co-Head of Seattle and Portland HFF offices
“We have worked with Terracotta multiple times on deals with short fuses. They were not simple deals, but they moved fast and did what they said they would do. We will absolutely continue to work with them and would recommend them without reservation.”
Jack Kappe
Focus Real Estate LP
“The TerraCotta team was excellent on a challenging deal. They made sure to understand the issues upfront and structure the loan to deal with the challenges and close in a very quick timeline. Very happy borrower and broker.”
Mark Wintner
JLL Los Angeles