February 24, 2023

Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549

       Re: Registration Statement on Form S-4 of Fifth Wall Acquisition Corp.
Ill

To whom it may concern:

        Reference is made to the above-referenced registration statement of
Fifth Wall
Acquisition Corp. III (the "Issuer") filed on January 13, 2023, as may be
amended from time to
time (the "Registration Statement"), under the Securities Act of 1933, as
amended (the
"Securities Act"), with respect to a proposed business combination with Mobile
Infrastructure
Corporation (the "Transaction"). The Registration Statement has not yet been
declared effective
as of the date of this letter.

       This letter is to advise you that, effective as of February 24, 2023,
our firm has resigned
from, or ceased or refused to act in, every capacity and relationship with
respect to the
Transaction.

        Therefore, we hereby advise you pursuant to Section 11 (b)(1) of the
Securities Act, and
have advised the Issuer, that none of our firm, any person who controls it
(within the meaning of
either Section 15 of the Securities Act or Section 20 of the Securities
Exchange Act of l 934, as
amended) or any of its affiliates (within the meaning of Rule 405 under the
Securities Act) will
be responsible for any part of the Registration Statement. This notice is not
intended to constitute
an acknowledgment or admission that we have been or are an underwriter (within
the meaning of
Section 2(a)(l l) of the Securities Act or the rules and regulations
promulgated thereunder) with
respect to the Transaction.



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     Sincerely,



    DEUTSCHE BANK SECURITIES INC.




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