Terracap

Terracap is a fully diversified real estate company that focuses on value investment for its high net worth investors. They are based out of Toronto, but have properties that span across Canada and the United States. At heart, they are a property and asset management company that provides a vehicle for their investors to invest in real estate.

They are led by their Founder, CEO and Principal Larry Krauss. Krauss is a lawyer by trade, but he’s been working directly with the real estate industry for 30 years. His experience is comprised of negotiating deals, sourcing debt and equity, and developing individual strategies for each asset they acquire.

He believes in being very hands on with every project they acquire, and aims to enhance the value of his properties by employing a strong team of acquisition and managerial professionals. He has the aim of heading the best investment vehicle for his investors.

Krauss and his team have completed 60 real estate transactions over the past 30 years by augmenting the value of his properties through active management, tax innovative structures, redevelopment, creative financing, re-merchandising plans and obtaining under-performing properties in key locations across North America. Once they have these properties they create additional value through their ability to provide professional property management, development, construction management, leasing, and other related services.

Through measured risks and enhanced returns, they’re able to grow throughout Canada and the United States. They already own and manage 2 million square feet of some of the most prevailing retail centre space in Canada from British Columbia to Quebec, but their portfolio completely includes multi-residential space, commercial offices, lands for development and assembly sites.

They have been incredibly successful, having won awards for some of their acquisitions. They won the Torchbearer Award and the Traveller’s Choice Award from Tripadvisor in 2017, showing their ability to manage and increase value in their acquisitions.

They plan on building upon that success by continuing to buy up parcels of land across the continent. They have recently made a deal with the U.S. Government for 1.5 million square feet of land for the Nuclear Security Administration. They’ve also picked up 30 acres for redevelopment in West Edmonton, and 350,000 square feet for a shopping mall in Montreal.

Their most prized current project is the 500,000 square feet of land that they picked up in West Edmonton. This will be allocated for class “A” office space, as well as a 125 room hotel.

It is easy to see what Terracap’s priorities are. They are looking to building an intercontinental real estate empire by taking proper risks and making landmark purchases. They are comfortable redeveloping these acquisitions into major projects that don’t only increase the value for their investors, but also for residents of the community. They will continue to expand and enhance throughout all of North America.

Previous Projects

Towne Oaks Townhomes

These townhomes are located in Irving Texas in one of the best neighbourhoods in town. The homes offer an abundance of natural light and spacious floor plans that allow you the customize your home the way you want. They also feature built in appliances. They are located to a variety of schools and each home comes with its own garage. They are located along 847 Mary Lee Circle in Irving Texas.

Westlink Park

This is a 500,000 square foot Class A office space in one of the busiest regions in Edmonton. This complex also features a variety of retail stores that provide extra value of the property. With a rebounding economy and Edmonton’s offices sure to return, this is a valuable acquisition. It is located at 170 Street in Edmonton.

Canyon Tower

These condos provide luxury living in North York. They offer premium access to local conveniences as there is a shopping centre and restaurants close by. Its amenities include an exercise room, pool, sauna, party room, and sauna. It is surrounded by landscaped trees, gardens, and greenspace, so you will feel like you’re living in a lush garden. Bathurst Street provides direct access to the 401, which will take you directly into downtown Toronto. It is located at 100 Canyon Avenue and it was completed in 1974.