Fundraising - NOVEMBER 15, 2017

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Titan Development launches $200m real estate fund

by Jody Barhanovich

Titan Development has launched a new real estate fund.

Titan Development Real Estate Fund I (TDREF I), a $200 million private equity real estate fund, closed on its first round of fundraising in early October. TDREFI was established in April 2017 to raise capital and provide investment management for the existing pipeline of over 20 projects by Titan Development, a New Mexico–based commercial real estate development company formed in 1999. The fund was met with interest from private and institutional investors alike.

“We are excited to have a private equity fund to finance our pipeline of projects. The fund will allow us to be more strategic in the marketplace and move decisively when we see opportunity,” said Drew Dolan, president of Titan Development. Dolan also added, “We have found opportunities to invest with operators and in markets we know very well and have had tremendous past success including a 17 percent IRR to our investors over the past decade. Thi

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