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Titan places a final close on its third fund

Titan, a leading Southwest asset manager, has raised $122m.

Fund: Titan Development Real Estate Fund III
Amount raised: $122 million
Stage of fundraising: Final close
Final close: May 2022
Predecessor fund: Titan Development Real Estate Fund II ($95 million)

Titan Development has announced the close of Titan Development Real Estate Fund III at $122 million in limited partner and general partner commitments. The fund surpasses its predecessor, Titan Development Real Estate Fund II, which raised $95 million in capital.

With the closing of the third fund, Titan has raised a total of $329 million since the inception of the fund series in 2017. Fund III’s objective is focused on building multifamily and industrial projects in growing secondary and tertiary markets.