Bruce batkin
MBA '78
Bruce Batkin is a real estate, financial services and investment management entrepreneur with more than 40 years’ experience. He is co-founder and former CEO of Terra Capital Partners, a real estate credit asset manager focused on middle market bridge loans, mezzanine loans and preferred equity. He launched the firm in 2002, building Terra into a leading provider of non-bank financing to U.S. developers and property investors. He sold the firm in 2018/2019; today it is owned by Blackstone and a group of private investors and is known as Mavik Capital Management. He remains as vice chairman and advisory board member.
For 16 years, until December 2018, Mr. Batkin served as Terra’s CEO. Key accomplishments include: oversight of investments in over 300 properties with an asset value of $7.5 billion with no loss of principal on any investment; the sale of 100% of the firm’s interests in mid-2007 immediately prior to the GFC; and initiating the firm’s re-entry into the lending market in mid-2009. He also oversaw the creation of Terra’s income funds, including a REIT, a BDC and numerous LLCs, and their distribution to 7,000 domestic and international investors.
Mr. Batkin has structured credit investments in stabilized, transitional and development properties, including virtually every property type. He has overseen the workout and restructuring of loans, as well as the foreclosure and profitable resolution of transactions. In addition to managing the firm’s credit programs, he oversaw Terra’s equity investment in more than six million square feet of U.S. office and industrial property.
Prior to founding Terra, Mr. Batkin held management positions in real estate investment and finance at Merrill Lynch; Donaldson, Lufkin & Jenrette; and ABN Amro. He was also a managing member of several NYC real estate development partnerships.
Mr. Batkin is a member of the Harvard Alumni Real Estate Board, the Advisory Board of the Baker Program in Real Estate at Cornell and the Cornell Real Estate Council. He is a trustee of the Committee for Economic Development and is co-chairman of the Dean’s Advisory Council of the College of Architecture, Art and Planning at Cornell. His views on the U.S. commercial real estate market and real estate credit have been featured in publications including The Wall Street Journal, The New York Times and Barron’s and on Bloomberg TV.
Mr. Batkin received an MBA degree from Harvard Business School in 1978 and a Bachelor of Architecture degree from Cornell University in 1976.
