TerraCap grows by following focused "thesis"

Company has increased its asset base by 10 times in the past five years by carefully executing a simple strategy.


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  • | 6:00 a.m. February 14, 2020
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STEFANIA PIFFERI — Michael Davis, Stephen Hagenbuckle and Susana Davis are partners in Bonita Springs-based TerraCap Management, a company whose asset base has grown by 10 times in the past five years.
STEFANIA PIFFERI — Michael Davis, Stephen Hagenbuckle and Susana Davis are partners in Bonita Springs-based TerraCap Management, a company whose asset base has grown by 10 times in the past five years.
  • Commercial Real Estate
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A little less than five years ago, Bonita Springs-based TerraCap Management had built up an impressive portfolio of $150 million in assets under management, thanks to its performance on a pair of real estate acquisition funds aimed primarily at distressed office assets in Florida.

Together, the two funds raised enough capital from high net worth individuals and others to buy some four million square feet of space.

 

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