A non-recourse commercial real estate loan is NOT personally guaranteed by the borrower. If the real estate investment goes bad, the borrower can usually walk away from the property. There are several exceptions, known as carve-outs.

New York, New York - October 28, 2013 - Terrace Capital announced today that it has secured $7MM in non-recourse, mortgage financing for a portfolio of three Baymont Inn & Suites, limited-service hotels, located in Battle Creek & Kalamazoo, MI.

New York, New York - December 5, 2012 - (www.terracecapital.com) Terrace Capital announced today that it has secured $61MM in non-recourse financing for a portfolio of single tenant, industrial properties located in nine states.

Terrace Capital has recently arranged for a Fannie Mae guaranty on an $8.87MM, first mortgage, multifamily portfolio located in Chicago, IL

New York, New York - June 25, 2012 - Terrace Capital announced today that it has secured $13.7MM in non-recourse financing for a 152-room, Class A, full-service Sheraton hotel in Augusta, Georgia.