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$TPTS
$13.10 +$0.20 (1.55%) Close

Company Executives

$TPTS Management Team

Directors
5
serving now
Independent
4 of 4
stated in the proxy; 1 not stated
Average tenure
6.6 years
from year joined
CEO also chairs the board
Yes
Vikram S. Uppal
Director Age On board Independent Committees Other public boards Pay Source
Vikram S. Uppal
42 2018
8 years
Not stated None stated None stated Paid as CEO
Roger H. Beless
64 2018
8 years
Independent
Audit Committee
None stated $70,000
Michael L. Evans
74 2017
9 years
Independent
Audit Committee · Chair
None stated $75,000
Spencer E. Goldenberg
43 2022
4 years
Independent
Audit Committee
None stated $70,000
Gaurav Misra
50 2022
4 years
Independent None stated None stated $60,000

Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.

Our Manager
a subsidiary of Terra Capital Partners, our sponsor
Amount not stated

Externally managed by our Manager under the Management Agreement

With Terra Capital Partners Open in proxy
Our Manager
$4,786,640
2025

Asset management fee paid to Manager under Management Agreement

Our Manager
$1,143,783
2025

Asset servicing fee paid to Manager under Management Agreement

Our Manager
$1,698,415
2025

Disposition fee paid to Manager under Management Agreement

Our Manager
$1,189,878
2025

Origination and extension fees paid to Manager under Management Agreement

Our Manager
$4,035,222
2025

Reimbursement to Manager for operating expenses

Terra LLC
Amount not stated

Cost sharing and reimbursement agreement under which Terra LLC bears its allocable share of our expenses

With Terra LLC Open in proxy
Affiliated funds managed by our Manager
affiliated funds managed by our Manager or its affiliates
Approximately $18.9 million
2025

Participation agreements under which loans and investments were transferred on a pari passu basis

Mavik Real Estate Special Opportunities Fund VS2, LP
Our Chief Executive Officer and Chief Investment Officer has an ownership or economic interest in and control rights over VS2
Up to $8.4 million
2025

Subscription agreement committing investment in VS2

With Company Open in proxy
Mavik Real Estate Special Opportunities Fund VS2, LP
Our Chief Executive Officer and Chief Investment Officer has an ownership or economic interest in and control rights over VS2
Approximately $22.5 million
2025

Repayment of first mortgage loan in connection with property refinancing with a new loan originated by VS2

With Company Open in proxy
RESOF
a fund managed by our Manager
$7.5 million
2025

Refinancing of loan participation originated jointly with RESOF, with repayment of our outstanding principal

With Company Open in proxy
Our directors and officers
Amount not stated

Indemnification agreements with each director and officer

With Company Open in proxy

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