Terra Income Fund 6, LLC
Business
Terra Income Fund 6, LLC is a wholly owned subsidiary of Terra Property Trust, Inc., a real estate investment trust that originates, structures, and manages a diversified portfolio of commercial real estate debt investments, including first mortgage loans, mezzanine loans, subordinated mortgage loans (B-notes), and preferred equity investments. The fund targets loans secured by office, retail, industrial, hotel, and multifamily properties across the United States, with typical loan terms of one to five years. Terra Capital Partners, the sponsor with an established track record, provides investment personnel and management expertise through Terra REIT Advisors.
Summary from 10-K filed 2025-03-14
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|
| Interest income | 8 | 10 | — | — | |
| Prepayment fee income | 435,677 | 0 | — | — | |
| Dividend and other income | 47,815 | 87,625 | — | — | |
| Revenues | 8 | 10 | — | — | |
| Asset management and asset servicing fees paid/payable to Terra REIT | 1 | 2 | — | 2 | |
| Operating expense reimbursement to Terra REIT | 1 | 2 | — | — | |
| Provision for credit losses | 6 | 5 | — | — | |
| Professional fees | 698,566 | 711,754 | — | 1 | |
| Insurance expense | 84,288 | 125,334 | — | — | |
| General and administrative | 71,823 | 30,855 | — | — | |
| Operating expenses | 9 | 9 | — | — | |
| Operating (loss) income | −968,236 | 1 | — | — | |
| Loss from equity interest in unconsolidated investments | −4 | −1 | 10,000 | — | |
| Interest expense on unsecured notes payable | −4 | −4 | — | 3 | |
| Interest expense on term loan | −517,528 | −2 | — | −313,638 | |
| Interest expense from obligation under participation agreement | −3 | 0 | — | — | |
| Unrealized loss on investments, net | 0 | −18,601 | — | — | |
| Realized loss on investments, net | 0 | −12,512 | — | — | |
| Other income and expenses | −12 | −7 | — | — | |
| Net loss | −13 | −6 | — | 4 | |
| Unrealized loss on available-for-sale debt securities | −81,909 | 0 | — | — | |
| Other comprehensive loss: | −81,909 | 0 | — | — | |
| Comprehensive loss | −13 | −6 | — | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2022 2022-09-30 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 3 | 3 | 7 | 24 | 12 | |
| Restricted cash | 0 | 106,918 | 215,357 | — | 224,618 | |
| Loans held for investment, net of allowance for credit losses of $179,450 and $469,011 | 30 | 78 | 121 | — | — | |
| Equity interest in unconsolidated investments | 36 | 40 | 10 | — | — | |
| Promissory note receivable (Note 6) | 45 | 0 | — | — | — | |
| Marketable securities | 425,357 | 507,266 | 0 | — | 0 | |
| Interest receivable | 274,088 | 1 | 1 | — | 1 | |
| Prepaid expenses and other assets | 385,795 | 515,407 | 177,240 | — | 314,945 | |
| Total assets | 116 | 124 | 140 | — | 125 | |
| Unsecured notes payable, net of purchase discount | 37 | 35 | 34 | — | 36 | |
| Term loan payable, net of deferred financing cost | 0 | 15 | 25 | — | — | |
| Obligation under participation agreement (Note 7) | 18 | 0 | — | — | — | |
| Interest payable from obligation under participation agreement | 259,153 | 0 | — | — | — | |
| Interest reserve and other deposits held on investments | 0 | 106,918 | 215,357 | — | 224,618 | |
| Other liabilities | 11,229 | 410,075 | 252,045 | — | 765,661 | |
| Accrued expenses | 114,498 | 254,716 | 582,816 | — | 651,637 | |
| Total liabilities | 55 | 51 | 60 | — | 51 | |
| Commitments and contingencies (Note 8) | — | — | — | — | — | |
| Members capital | 61 | 73 | 80 | — | — | |
| Total liabilities and members capital | 116 | 124 | 140 | — | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|
| Amortization of premiums and discounts on investments | 126,278 | 997,409 | — | — | |
| Amortization and accretion of investment-related fees, net | 122,382 | −317,918 | — | −1 | |
| Amortization of discount on debt | 1 | 1 | — | — | |
| Amortization of deferred financing costs | 51,396 | 98,604 | — | — | |
| Loss from equity interest in unconsolidated investments | 4 | 2 | — | — | |
| Decrease in interest receivable | 967,220 | 199,736 | — | −1 | |
| Decrease (increase) in prepaid expenses and other assets | 129,612 | −338,167 | — | 96,322 | |
| Decrease in accrued expenses | −140,218 | −328,100 | — | 201,875 | |
| Increase in interest payable from obligation under participation agreement | 259,153 | 0 | — | −93,618 | |
| (Decrease) increase in other liabilities | −396,644 | 149,229 | — | 745,093 | |
| Net cash (used in) provided by operating activities | −201,647 | 3 | — | −36 | |
| Repayment of loans | 43 | 42 | — | — | |
| Origination, funding and purchase of loans | −1 | −5 | — | — | |
| Capital contributions to equity interest in unconsolidated investments | −527 | −32 | — | — | |
| Funding of promissory note receivable | −54 | 0 | — | — | |
| Repayment of promissory note receivable | 9 | 0 | — | — | |
| Distributions from equity interest in unconsolidated investments | 266,115 | 472,000 | — | — | |
| Proceeds from redemption of held-to-maturity debt securities | 0 | 10 | — | — | |
| Purchase of held-to-maturity debt securities | 0 | −10 | — | — | |
| Purchase of marketable securities | 0 | −525,867 | 0 | — | |
| Net cash (used in) provided by investing activities | −3 | 4 | — | — | |
| Proceeds from obligation under participation agreement | 18 | 0 | — | — | |
| Repayment of term loan | −15 | −10 | — | — | |
| Change in interest reserve and other deposits held on investments | −106,918 | −108,439 | — | — | |
| Payment of financing costs | 0 | −150,000 | — | — | |
| Net cash provided by (used in) financing activities | 3 | −10 | — | — | |
| Net decrease in cash, cash equivalents and restricted cash | −291,547 | −3 | — | −2 | |
| Cash paid for interest | 6 | 4 | — | 4 | |
| Income taxes paid | 0 | 207,156 | — | — | |
| Settlement of a mezzanine loan accounted for as an equity investment in exchange for equity interest in a joint venture that owns real estate (Note 4) | 0 | 10 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Terra Income Fund 6, LLC's CIK number?
Terra Income Fund 6, LLC's SEC CIK number is 0001577134 (1577134). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Terra Income Fund 6, LLC's SEC filings?
All of Terra Income Fund 6, LLC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Terra Income Fund 6, LLC last report earnings?
Terra Income Fund 6, LLC (TFSA) most recently filed an earnings 8-K with the SEC on Mar 12, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-027114). This is Terra Income Fund 6, LLC's most recent earnings filing of record — not a forecast of its next earnings date.
What is Terra Income Fund 6, LLC's most recent earnings 8-K?
Terra Income Fund 6, LLC's latest earnings 8-K (Item 2.02) was filed Mar 12, 2026 under accession 0001104659-26-027114. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Terra Income Fund 6, LLC's latest earnings 8-K →
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