Bruce Batkin is Co-Founder and Vice Chairman of Terra Capital Partners (Terra), a private real estate investment management firm focused on middle market mezzanine, preferred equity and bridge investments. He launched the firm in 2002 and has built Terra into one of the leading providers of “gap financing” to the U.S. commercial real estate market. For 16 years, until December 2018, Mr. Batkin served as CEO of the firm overseeing the development and distribution of its funds and the deployment of over $2 billion of capital. Under his leadership, Terra sold 100% of its interests in mid-2007, prior to the financial crisis, and has never had a loss on any investment.
Terra has originated and managed investments in over 350 properties including office buildings, apartments, hotels, shopping centers, warehouses, self-storage facilities, student housing and manufactured home communities with a value of over $7 billion. It has financed income-producing and transitional properties, as well as ground-up development throughout the U.S. It is the sponsor of Terra Income Funds, alternative income funds distributed to individual investors through financial advisors. Today, Terra manages funds on behalf of 6000 domestic and international investors.
Mr. Batkin has 40 years’ experience in real estate acquisition, finance, development, management and investment banking. Prior to founding Terra, he held senior management positions at Merrill Lynch, Donaldson, Lufkin & Jenrette, ABN Amro and several private real estate development partnerships. He has acquired major commercial properties nationwide and acted as managing partner in over $5 billion of real estate investments.
He serves on Terra’s Board of Directors, as well as on the boards of its funds, including Terra Property Trust, a private non-traded REIT; Terra Income Fund 6, a registered non-traded BDC; and two Cayman based funds for offshore investors. He is a member of the Harvard Alumni Real Estate Board, the Cornell Real Estate Council and the Committee for Economic Development. He is on the Advisory Board of the Baker Program in Real Estate at Cornell and a regular participant in the semi-annual Yale CEO Summit.
Mr. Batkin received his Bachelor of Architecture degree from Cornell University and an MBA degree from Harvard Business School.