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EDGAR Verified
Primary Source · SEC.gov

TOWNSEND DIVERSIFIED REAL ESTATE FUND, L.P.

CIK 0000841776Fund Vehicle2026 vintage506(b), 3(c)

Raised

$397M

Investors

680

Min Invest

$10,000

AltStreet Analysis

·

Generated from EDGAR primary sources

TOWNSEND DIVERSIFIED REAL ESTATE FUND, L.P. is a Delaware limited partnership that has raised $396.8 million from 680 investors under Rule 506(b) and Section 3(c), with a $10,000 minimum investment. This is an amended filing managed by The Key West Saxon Group, LLC, with executive officers including Anthony Frammartino, John Schaefer, and Tony Pietro.

This real estate pooled investment fund exhibits characteristics of a broadly accessible fund vehicle, with a relatively low $10,000 minimum investment and 680 investors representing an average commitment of approximately $584,000. The 506(b) exemption with this investor count and minimum suggests a diversified investor base spanning retail and smaller institutional participants, which is atypical for large real estate funds that typically maintain higher minimums to limit operational complexity.

Data Flags

investor_count680 investors with $396.8M raised yields an average check size of ~$584K, indicating unusually high investor count relative to total capital for a real estate fund
generalFirst sale date not disclosed on an amended filing that has already raised $396.8M; while common for institutional funds, this is a material data gap for public transparency
minimum_investment$10,000 minimum investment is unusually low for a $396.8M real estate fund, suggesting retail accessibility uncommon in this asset class at this scale

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0000841776
Entity NameTOWNSEND DIVERSIFIED REAL ESTATE FUND, L.P.
Exemption506(b), 3(c)
First Sale Date—
Filing DateJanuary 5, 2026
Accession Number0000841776-26-000001
Total Amount Sold$397M
Total Investors680
Minimum Investment$10,000
Securities TypePooled Investment Fund, Other
State of IncorporationNot specified
Amendment CountOriginal filing only

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

[entity] The Key West Saxon Group, LLC

Executive Officer · Cleveland, OH

Anthony Frammartino

Executive Officer · Cleveland, OH

John Schaefer

Executive Officer · Cleveland, OH

Tony Pietro

Executive Officer · Cleveland, OH

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.