Form D · Other Investment Fund

Townsend Real Estate Alpha Fund III, L.P.

Cleveland, OH · CIK 0001684142

Offering snapshot reported Mar 4, 2020 · SEC filing

Reported sold
$623M
Indefinite offering
Investors reported
183
Form D · investor count
Minimum accepted
$5M
Reported outside-investor minimum
First sale
May 18, 2018
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$312M$623MJun 4, 2018: $186,075,000.00Jun 4, 2018Oct 12, 2018: $267,075,000.00Feb 13, 2019: $292,175,000.00Jul 12, 2019: $435,250,000.00Oct 15, 2019: $454,900,000.00Dec 3, 2019: $556,725,000.00Mar 4, 2020: $623,200,000.00Mar 4, 2020

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$556,725,000 → $623,200,000
  • Reported investors167 → 183

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 4, 2020Amendment$623,200,000$66,475,000vs Dec 3, 2019183SEC filing
Dec 3, 2019Amendment$556,725,000$101,825,000vs Oct 15, 2019167SEC filing
Oct 15, 2019Amendment$454,900,000$19,650,000vs Jul 12, 2019140SEC filing
Jul 12, 2019Amendment$435,250,000$143,075,000vs Feb 13, 2019128SEC filing
Feb 13, 2019Amendment$292,175,000$106,100,000vs Jun 4, 201893SEC filing
Oct 12, 2018Amendment$267,075,000$81,000,000vs Jun 4, 201879SEC filing
Jun 4, 2018Initial$186,075,000No comparison39SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.1, 3C.7
Duration over one year
No
Business combination
No
Sales commissions
$1.42M (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-313799
Regarding Item 11: In its sole discretion, the General Partner may accept lower commitments

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
AON Securities LLC4138
Kelson Capital, LLC149477
Morgan Stanley Smith Barney LLC149777

Source: Form D, filed Mar 4, 2020. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

TOWNSEND REAL ESTATE ALPHA FUND III, L.P.

Investment adviser: TOWNSEND HOLDINGS LLC

Gross asset value
$500M
Beneficial owners
185
ADV minimum commitment
$5M

Reported in Form ADV on Mar 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator STATE STREET GLOBAL SERVICES BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LLP CLEVELAND, Ohio, United States
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
No
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG LLP
PCAOB 42

Filing source

Form ADV 2062941 · Mar 30, 2026 · Schedule D 7.B.(1), fund 805-1408286663

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Terrance R. Ahern Executive
Anthony D. Frammartino Executive
Joseph P. Olszak Executive
John Schaefer Executive
N/A Townsend Alpha Manager Iii, Llc Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
1660 West Second Street Suite 450
Cleveland, OH, 44113