The fund relies on the knowledge and experience of its core investment team. The members of the TerraCap team contribute a wealth of diverse experience to the firm from both local and institutional perspectives.

W. Stephen Hagenbuckle, Managing Partner

Mr. Hagenbuckle is the founder and managing partner of the Investment Manager. He has been a successful developer, builder, and investor in commercial real estate since July, 1996. Since that time, he has participated in over $850 million of transactions … Read More

Robert Gray, Managing Partner

Mr. Gray has 30 years of experience as a principal in commercial real estate. Prior to co-founding the commercial real estate investing platform of TerraCap in March 2011, Mr. Gray was with Cantor Fitzgerald & Co from March 2010 to … Read More

Michael R. Davis, Managing Director, Partner

Michael R. Davis, Managing Director joined the Investment Manager at inception in July 2008 and has been a partner with Mr. Hagenbuckle for ten years. He is involved in many aspects of the Investment Manager including: identifying future growth trends, … Read More

Joseph A. Connolly, Senior Managing Director, Strategic Development

Joseph A. Connolly brings over 25 years of experience in public administration, business, and retirement investment leadership to his role as Senior Managing Director of Strategic Development. In his more than 14 year tenure as the Treasurer of Norfolk County, … Read More

James Lane, Director of Investor Relations, Partner

James Lane, Director of Investor Relations, brings over 10 years of experience in business development and general management experience with a strong background in sales and marketing. Mr. Lane joined the Investment Manager to lead its institutional sales efforts in … Read More

Patrick Melton, Investor Relations, Partner

Patrick Melton brings over 20 years of Taft Hartley and Public Funds experience to TerraCap Management, LLC. Prior to joining the firm, Mr. Melton served on the board of the Wayne County Employees Retirement System for 10 years, three of … Read More

Susana Paul, CPA – Director of Finance, Partner

Susana Paul, CPA, Director of Finance/Investor Relations has been with the firm since 2011 and oversees the financial, accounting and regulatory reporting and operations for investors, lenders and regulatory agencies for all Funds as well as various proprietary entities. Ms. … Read More

Fred Herbst, Financial Analyst

Mr. Herbst is responsible for the day-to-day accounting of multiple asset types, budgeting, forecasting, taxes, insurance, accruals and bank reconciliations. Fred brings 5 years of hospitality experience, 3 years of which was at Floriday’s Resort Orlando, a leading condo/hotel in … Read More

Steven M. Harper, Chief Compliance Officer

Mr. Harper is responsible for ensuring that company practices maintain compliance with governing federal regulations. He is also responsible for inducting new staff into the TerraCap family. As a recent law graduate, Mr. Harper works closely with TerraCap’s legal team … Read More

Ann Cornell, CPA, Controller-Investor Relations

Ann Cornell joined TerraCap as Controller-Investor Relations in 2014 and is responsible for the fund accounting and investor relations for three funds. She has been involved in all aspects of the financial, regulatory and management reporting, financial analyses, and property … Read More

Stephen E. Good, National Director of Acquisitions, Partner

In his role as National Director of Acquisitions, Stephen Good is responsible for maximizing the value of TerraCap-owned properties. Mr. Good is an experienced real estate professional with expertise in development, asset management, construction management, acquisition/disposition, debt financing, leasing strategies, … Read More

Albert S. Livingston, National Director of Asset Management, Partner

Albert Livingston, National Director of Asset Management, joined the Investment Manager in 2013 and is responsible for maximizing the value of TerraCap-owned properties, overseeing asset management of almost 1.5 million square feet. Mr. Livingston has 20 years’ experience in site … Read More

Matthew Hart, Asset Manager

Matthew Hart joined TerraCap in July 2014 as Financial Analyst after working as an Asset Management/Accounting Intern with TerraCap in the previous summer. He is responsible for the research and underwriting of potential assets, tracks and maintains the data of … Read More

Chris Thompson, Financial Analyst

Chris Thompson joined TerraCap in February 2016 as a Financial Analyst. He has over 6 years of real estate industry experience, which includes working for a private real estate developer and a publically traded financial institution. Prior to joining TerraCap, … Read More

Daniele Goncalves, Senior Property Accountant

Daniele Goncalves, Senior Property Accountant, has over 20+ years of experience and knowledge in the retail/commercial real estate industry. She started her career as a Property Accountant; working for several real estate developers and third party property management companies such … Read More