Sunbelt Real Estate Investment Group Closes Fund at $122 million

Titan Development has stopped accepting limited and general partner commitments for its latest fund, the Titan Development Real Estate Fund III (TDREF III). The fund’s investment goals are focused on building multifamily and industrial projects in growing secondary and tertiary markets.

With the close of the TDREF III, Titan has raised a total of $329 million since the beginning of the fund series in 2017. It’s allowed them to develop projects with a combined cost of nearly $1 billion. Investors are typically family offices and high-net worth individuals.

Titan Partner Ken Browning says the fund allows them to keep pursuing properties in the region, “Fund III will have many industrial and residential opportunities for investment due to the continuing trend of technology and manufacturing companies relocating to the Sunbelt and the rising demand for multifamily housing.”

Browning says the states where they will take the closest look at are Texas, New Mexico, Florida and Arizona.