Here are the 10-K annual reports from Terra Property Trust, Inc. 6.00% Notes due 2026 (TPTA) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow TPTA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TPTA filings page.
Terra Property Trust, Inc. files its annual report describing a credit-focused real estate investment strategy and a concentrated middle‑market loan portfolio. As of December 31, 2025, it held three first mortgage loans totaling $86.5 million, two mezzanine loans totaling $24.7 million, and four preferred equity investments totaling $81.3 million. The company also owned four industrial buildings with a net carrying value of $47.4 million and $20.7 million of related mortgage debt, plus $70.0 million of equity in unconsolidated ventures and $26.2 million of non‑real‑estate investments. Outstanding indebtedness included $118.8 million of unsecured notes and $62.0 million of secured financing. Terra is pursuing registered exchange offers to swap 6.00% and 7.00% Senior Notes Due 2026 for new Senior Secured Notes due 2029, with the coupon reduced from 9.75% to 7.00% and the expiration extended to March 26, 2026.