We operate a multi-disciplined debt platform that supports a broad range of real estate activities, with a core focus on land banking and development financing in high-growth markets as well as loans on residential income producing properties.
Since inception, Terra Firma has funded over $1.2 billion in transactions. Our disciplined underwriting, flexible structuring, and active asset management reflect our commitment to creating value throughout the investment lifecycle.
TFCC is currently deploying capital from its third investment vehicle, the Terra Dwight Residential Credit Fund III.
Projects Financed
Partnering with experienced developers across the U.S. and Canada
Established 2010 — trusted, consistent, and experienced
Across land banking and development projects since inception
A proven track record of disciplined underwriting and execution
Diversified exposure to high-growth residential markets
Dov has been with Terra Firma Capital Corporation since 2011, initially serving as CEO. In his current role as Chairman, he focuses on corporate strategy and supports the CEO in driving the company’s growth and overall performance.
With more than 20 years of real estate and public market experience, Dov previously held senior positions with the Paul Reichmann Group of Companies, including Founder and Chief Investment Officer of IPC US REIT, where he was responsible for acquiring, financing, and ultimately selling over $2 billion of real estate assets. Immediately prior to joining Terra Firma, he was Managing Director at Harbor Group International, overseeing a debt opportunity fund that invested in CMBS notes following the 2008 financial crisis.
Dov holds a Master of Business Administration from the University of Toronto and an LLB from Bar-Ilan University in Israel.
Seth joined Terra Firma Capital Corporation in 2013 and currently serves as President and Chief Executive Officer. He is responsible for managing the company’s private co-lending platform, including the origination, underwriting, and management of new loan transactions, while also overseeing day-to-day operations.
Seth holds a JD from Seton Hall University School of Law and was called to the New York State Bar in 2015. He also earned an MBA in Finance from Rutgers University and a Bachelor of Science in Biomedical Sciences from the University of Medicine and Dentistry of New Jersey.
Active in the Toronto community, Seth serves with several Jewish organizations, including JACS, The House, and the.
Carolyn joined Terra Firma Capital Corporation in 2012 and serves as Managing Director and Principal Broker. She is responsible for overseeing the underwriting and due diligence of new loan transactions, as well as the performance monitoring of the company’s mortgage portfolio.
With more than 25 years of experience in real estate lending, Carolyn has extensive expertise in origination, underwriting, and risk analysis. Prior to joining Terra Firma, she spent five years at Cameron Stephens Mortgage Capital managing underwriting and risk for its mortgage portfolio. Earlier in her career, she worked with MCAP in the Toronto Construction Loans Group, where she originated and underwrote construction, commercial, and mezzanine loans.
Carolyn holds a Bachelor of Management Economics from the University of Guelph.
Jack joined Terra Firma Capital Corporation in 2019 and serves as Vice President, Head of Originations. He leads the sourcing, underwriting, structuring, and execution of investment and loan transactions, working closely with the management team to drive strategic growth. Jack also focuses on building strong client relationships and delivering innovative financial solutions tailored to client needs.
Prior to joining Terra Firma, Jack was an analyst in the Land Development and Acquisitions group at Remington Group.
Jack holds an Honours Business Administration degree from Ivey Business School and a Bachelor of Arts with Honours in Urban Development from Western University.
As Chief Financial Officer, Jun oversees the company’s financial reporting and treasury functions while also leading strategic planning initiatives. Jun is focused on enhancing Terra Firma’s financial performance through the integration of technology and artificial intelligence into reporting and forecasting processes.
Prior to joining Terra Firma, Jun spent five years as Director of Finance at TAS Impact, where he helped develop and manage diversified real estate funds across residential, retail, industrial, and office sectors. He also oversaw property management operations for income-generating portfolios, including lease administration and rental transactions.
Jun is a Chartered Professional Accountant (CPA) and holds a Bachelor of Commerce from Queen’s University.
Matthew joined Terra Firma Capital Corporation as an Analyst. He is responsible for supporting the origination, underwriting, and analysis of new investment opportunities.
Prior to joining Terra Firma, Matthew worked at a Big Four accounting firm and at another real estate finance company, where he gained experience in financial analysis and real estate investment.
Matthew holds an Honours Business Administration degree from the Smith School of Business at Queen’s University and is a Chartered Professional Accountant (CPA).
Working closely with the CFO, Arshit is responsible for the company’s financial statements, general ledger, cost accounting, accounts payable and receivable, budgeting, tax compliance, and special financial analyses. He also oversees the production of financial reports and the maintenance of accounting records, ensuring compliance with GAAP and IFRS standards.
Prior to joining Terra Firma, Arshit was a Junior Accountant at Dewan and Associates, where he analyzed account balances, prepared loan and lease repayment schedules, calculated interest, and developed depreciation schedules for capital assets.
Arshit holds a Bachelor of Commerce in Accounting from Humber College.
Femi is responsible for the company’s corporate financial statements, financial planning and analysis, and continuous process improvements. His role also includes producing financial reports and maintaining accounting records in compliance with GAAP and IFRS standards.
Prior to joining Terra Firma, Femi was a Corporate Accountant at TAS Impact, a real estate and development company.
Femi holds a Bachelor of Business Administration in Accounting from the University of Guelph-Humber.
Mindy joined Terra Firma Capital Corporation in 2024 as Office Manager and Executive Assistant. She oversees daily operations to ensure the workplace runs efficiently and supports both the team and leadership in maintaining a productive and welcoming environment for employees and clients.
Prior to joining Terra Firma, Mindy held various administrative roles managing complex operations and supporting senior executives.
Mindy holds a Bachelor of Arts from Charter Oak State College and has completed the Paralegal Licensing Exam with the Law Society of Upper Canada.
