{
 "as_of": "2026-11-08",
 "cmr": "us-cm-kg/NYSE/TPTS",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Terra Property Trust, Inc. (NYSE: TPTS) — research page\n\nAs of 2026-11-08 · us-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is Terra Property Trust, Inc., listed on the NYSE under ticker TPTS, with ISIN US88104K3032. The LEI is not on the record. Its security type is Corporate, its segment is not on the record, its sector is 6798 Real Estate Investment Trusts, and its jurisdiction is the United States, Maryland. The issuer is listed and not halted.\n\n## The disclosure read\n\nThe record holds 38 filings across 32 filing days in the twelve months to 2026-11-08. The median gap between filing days is 5 days. The latest filing is dated 2026-11-06, two days before the record date, and is a results filing. The NYSE median cadence gap is 6.0 days, the NYSE median latency is 4.0 days, and the NYSE median filings count is 64.0. The sector median cadence gap is 6 days, the sector median latency is 4 days, and the sector median filings count is 64. The issuer's filing count is below the NYSE median and below the sector median. The record holds 12 prospectus filings, 10 regulatory filings, 7 results filings, 6 corporate news filings, 2 AGM or EGM filings, and 1 halt or suspension filing.\n\n## Auditor\n\nThe auditor of record is KPMG LLP, located in New York, NY. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds a listing dated 2026-06-17 and a further listing dated 2026-06-18. It holds a delisting dated 2026-06-30. No name change is on the record. A domicile change is not on the record, because EDGAR states no dated change of state of incorporation on a filing line. A segment move is not on the record, because the exchanges' tier transfers are not EDGAR filings. The halt flag is not set, and the issuer is listed and not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the issuer's investor-relations pages read. The count of research houses named is 0.\n\n## Open research\n\nNo openly published research notes were found on the record. The count is 0.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe issuer's sealed years are 2021, 2022, 2023, 2024, 2025 and 2026. The market's earliest sealed date is 2021-01-04. The live record began on 2026-09-12.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.sec.gov/files/company_tickers_exchange.json (identity.exchange)\n- https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data (identity.isin)\n- https://data.sec.gov/submissions/CIK0001674356.json (identity.jurisdiction)\n- https://mcp.us-cm-kg.ai/events/NYSE/TPTS (the disclosure lines)\n- https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts (the halt flag)\n- https://www.sec.gov/Archives/edgar/data/1674356/000167435626000009/tpt-20251231.htm (the auditor)\n- https://mcp.us-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.us-cm-kg.ai/record/NYSE/TPTS (the record)\n",
 "market": "US",
 "node": "us-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "live_record_began": "2026-09-12",
   "node_history_from": "2021-01-04",
   "node_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "record_version": 1,
   "sealed": true
  },
  "auditor": {
   "auditor": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1674356/000167435626000009/tpt-20251231.htm",
    "state": "sourced",
    "value": "KPMG LLP"
   },
   "auditor_firm_id": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1674356/000167435626000009/tpt-20251231.htm",
    "state": "sourced",
    "value": "185"
   },
   "auditor_location": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1674356/000167435626000009/tpt-20251231.htm",
    "state": "sourced",
    "value": "New York, NY"
   },
   "changes": []
  },
  "cmr": "us-cm-kg/NYSE/TPTS",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-11",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 3256,
     "median_cadence_gap_days": 6,
     "median_filings": 64,
     "median_latency_days": 4,
     "name": "NYSE"
    },
    "sector": {
     "issuers": 337,
     "median_cadence_gap_days": 6,
     "median_filings": 64,
     "median_latency_days": 4,
     "name": "6798 Real Estate Investment Trusts"
    }
   },
   "by_type": {
    "agm_egm": 2,
    "corporate_news": 6,
    "halt_suspension": 1,
    "prospectus": 12,
    "regulatory_filing": 10,
    "results": 7
   },
   "cadence_median_gap_days": 5,
   "filing_days": 32,
   "filings": 38,
   "latency_days": 2,
   "latest": [
    {
     "category": "10-Q",
     "date": "2026-11-06",
     "source": "https://www.sec.gov/Archives/edgar/data/1674356/000167435626000029/tpt-20260930.htm",
     "title": "10-Q — 10-Q",
     "type": "results"
    },
    {
     "category": "10-Q",
     "date": "2026-08-07",
     "source": "https://www.sec.gov/Archives/edgar/data/1674356/000167435626000020/tpt-20260630.htm",
     "title": "10-Q — 10-Q",
     "type": "results"
    },
    {
     "category": "8-K",
     "date": "2026-07-02",
     "source": "https://www.sec.gov/Archives/edgar/data/1674356/000110465926080408/tm2619604d1_8k.htm",
     "title": "8-K — FORM 8-K (items 1.01,2.03,9.01)",
     "type": "corporate_news"
    },
    {
     "category": "25-NSE",
     "date": "2026-06-30",
     "source": "https://www.sec.gov/Archives/edgar/data/1674356/000087666126000579/xslF25X02/primary_doc.xml",
     "title": "25-NSE",
     "type": "halt_suspension"
    },
    {
     "category": "8-K",
     "date": "2026-06-29",
     "source": "https://www.sec.gov/Archives/edgar/data/1674356/000110465926078505/tm2619263d1_8k.htm",
     "title": "8-K — FORM 8-K (items 7.01,9.01)",
     "type": "corporate_news"
    }
   ],
   "latest_filing_date": "2026-11-06",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.us-cm-kg.ai/events/NYSE/TPTS",
   "window": {
    "from": "2025-11-08",
    "to": "2026-11-08"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "NYSE"
   },
   "isin": {
    "read_by": "SEC Fails-to-Deliver data (CUSIP for the symbol) · ISIN = US + CUSIP + ISO 6166 check digit",
    "read_date": "2026-10-14",
    "read_date_basis": "last_seen",
    "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data",
    "state": "sourced",
    "value": "US88104K3032"
   },
   "jurisdiction": {
    "read_by": "EDGAR submissions API (issuer header as filed) (stateOfIncorporation)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001674356.json",
    "state": "sourced",
    "value": "United States — Maryland"
   },
   "lei": {
    "market": "US",
    "reason": "no GLEIF record with the exact legal name in jurisdiction US-MD",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001674356.json",
    "state": "sourced",
    "value": "Terra Property Trust, Inc."
   },
   "sector": {
    "read_by": "EDGAR submissions API (issuer header as filed) (SIC code as assigned by the SEC)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001674356.json",
    "state": "sourced",
    "value": "6798 Real Estate Investment Trusts"
   },
   "security_type": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001674356.json",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "US",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "TPTS"
   },
   "website": {
    "market": "US",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [
    {
     "date": "2026-06-30",
     "source": "https://www.sec.gov/Archives/edgar/data/1674356/000087666126000579/xslF25X02/primary_doc.xml",
     "title": "25-NSE"
    }
   ],
   "domicile_change": {
    "market": "US",
    "reason": "EDGAR states no dated change of state of incorporation on a filing line",
    "state": "not_on_record"
   },
   "listing": [
    {
     "date": "2026-06-17",
     "source": "https://www.sec.gov/Archives/edgar/data/1674356/000110465926075112/tm2612950d10_8a12b.htm",
     "title": "8-A12B — 8-A12B"
    },
    {
     "date": "2026-06-18",
     "source": "https://www.sec.gov/Archives/edgar/data/1674356/000087666126000540/TPTS061826.pdf",
     "title": "CERT — NYSE CERTIFICATION"
    }
   ],
   "name_change": [],
   "segment_move": {
    "market": "US",
    "reason": "the exchanges' tier transfers are not EDGAR filings",
    "state": "not_on_record"
   }
  },
  "market": "US",
  "node": "us-cm-kg",
  "numbers_hash": "sha256:ea1bd40baeb1343a6971e86d866bd66c765ec30562455541e48e72b0d22e67d0",
  "open_research": {
   "read_date": "2026-11-11",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.us-cm-kg.ai/book/aio.json",
    "door": "https://mcp.us-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1",
   "section": "us.aio.v8"
  },
  "record": {
   "as_of": "2026-11-08",
   "url": "https://mcp.us-cm-kg.ai/record/NYSE/TPTS",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:ea1bd40baeb1343a6971e86d866bd66c765ec30562455541e48e72b0d22e67d0",
 "path": "/us/NYSE/TPTS",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is Terra Property Trust, Inc., listed on the NYSE under ticker TPTS, with ISIN US88104K3032. The LEI is not on the record. Its security type is Corporate, its segment is not on the record, its sector is 6798 Real Estate Investment Trusts, and its jurisdiction is the United States, Maryland. The issuer is listed and not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 38 filings across 32 filing days in the twelve months to 2026-11-08. The median gap between filing days is 5 days. The latest filing is dated 2026-11-06, two days before the record date, and is a results filing. The NYSE median cadence gap is 6.0 days, the NYSE median latency is 4.0 days, and the NYSE median filings count is 64.0. The sector median cadence gap is 6 days, the sector median latency is 4 days, and the sector median filings count is 64. The issuer's filing count is below the NYSE median and below the sector median. The record holds 12 prospectus filings, 10 regulatory filings, 7 results filings, 6 corporate news filings, 2 AGM or EGM filings, and 1 halt or suspension filing.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is KPMG LLP, located in New York, NY. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds a listing dated 2026-06-17 and a further listing dated 2026-06-18. It holds a delisting dated 2026-06-30. No name change is on the record. A domicile change is not on the record, because EDGAR states no dated change of state of incorporation on a filing line. A segment move is not on the record, because the exchanges' tier transfers are not EDGAR filings. The halt flag is not set, and the issuer is listed and not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the issuer's investor-relations pages read. The count of research houses named is 0.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record. The count is 0.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The issuer's sealed years are 2021, 2022, 2023, 2024, 2025 and 2026. The market's earliest sealed date is 2021-01-04. The live record began on 2026-09-12.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.sec.gov/files/company_tickers_exchange.json"
  },
  {
   "for": "identity.isin",
   "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://data.sec.gov/submissions/CIK0001674356.json"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.us-cm-kg.ai/events/NYSE/TPTS"
  },
  {
   "for": "the halt flag",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts"
  },
  {
   "for": "the auditor",
   "source": "https://www.sec.gov/Archives/edgar/data/1674356/000167435626000009/tpt-20251231.htm"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.us-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.us-cm-kg.ai/record/NYSE/TPTS"
  }
 ],
 "title": "Terra Property Trust, Inc. (TPTS) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}