Terra Income Fund 6, LLC
Terra Income Fund 6, LLC is a U.S.-based real estate investment company organized as a Delaware limited liability company and operating as a wholly owned subsidiary of Terra REIT. It originates, structures, underwrites, acquires, and manages a portfolio of real estate-related investments, primarily loans and other income-producing assets, with some flexibility to hold, sell, or make non-real-estate strategic investments.
Fiscal year 2024 · change from previous year
Development 2021–2024
Business
Share of revenueLoans and credit investments secured by or linked to real estate assets.
Purchased loans and managed investment positions held for income and value realization.
Interest, dividends, fees, and other recurring income from the investment portfolio.
Non-real-estate investments made when they fit the fund's objectives and criteria.
Customers
The fund’s direct counterparties are borrowers, sponsors, and sellers of real estate-related credit assets rather than retail end customers. Its investments are typically made to generate contractual income from loans and related positions, so the economic “customer” is the borrower or issuer that seeks financing or capital.
Borrowers that use the fund's loans for property acquisition, refinancing, or development capital.
Financial institutions or lenders that sell existing loans into the portfolio.
Property owners and operators that need structured capital and ongoing servicing.
Counterparties in non-real-estate investments that fit the fund's criteria.
Strategy
Terra Income Fund 6 focuses on sourcing, structuring, and managing income-generating investments that can be held to maturity or sold when terms are favorable. Its strategy emphasizes direct origination and underwriting to control credit selection, borrower relationships, and investment terms, while retaining flexibility to acquire existing loans or make adjacent strategic investments.
Gives the fund control over credit quality, structure, and borrower terms.
The portfolio is designed to produce recurring interest, dividends, and fees.
Allows the fund to buy existing loans or pursue selective non-real-estate opportunities.
Geography
The company is organized in the United States and operates through a U.S. legal structure, with investment activity centered on U.S. real estate-related assets. The available disclosures do not provide a country-by-country revenue split, so geography is best understood as the U.S. domicile and operating base of the investment platform.
Risks
The business is exposed to borrower credit performance, prepayment behavior, and changes in real estate values and financing conditions. Because the portfolio is funded and managed through an affiliated structure, conflicts of interest, leverage, and dependence on the external manager are also important company-specific risks.
The portfolio depends on borrowers making scheduled payments and preserving collateral value.
Exposure: Loan portfolio
Asset yields and financing costs can move differently, affecting investment economics.
Exposure: Income-producing credit assets
The company references financial leverage and debt obligations, which can amplify losses.
Loans may be repaid early, reducing expected income and altering portfolio duration.
Exposure: Real estate-related loans
The fund is part of a managed group with related-party fees and shared expenses.
Exposure: Terra REIT and REIT Manager relationship
Accounting
Judgemental itemsExpected credit loss estimates directly affect the carrying value of loan assets and earnings.
Impact: Loan portfolio valuation and provision expense
Many investments are valued using management assumptions and market inputs.
Impact: Reported asset values and realized/unrealized gains or losses
Interest expense and obligations under financing arrangements affect net loss.
Impact: Financing costs and leverage presentation
Cost sharing with Terra REIT and manager fees influence operating expenses.
Impact: General and administrative expense
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Last updated: 24/09/2026