Diligence memo · auto-generated · as of July 3, 2026
Forest Park Reedsport Apartments LLC
Forest Park Reedsport Apartments LLC looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Forest Park Reedsport Apartments LLC operates in Proptech / Real Estate, based in SALEM.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Forest Park Reedsport Apartments LLC has raised $1.6M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.6M on 2023-12-14.
Most recent recorded round closed around 2023-12-14.
Valuation (modeled)modeled
Provath models Forest Park Reedsport Apartments LLC at approximately $6.4M (range $1.4M–$20M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.52× the median modeled value of Seed Proptech / Real Estate companies in 2022–2024 (31 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 2.5 yr ago; this sector typically re-raises about every 14 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 66% of Proptech / Real Estate peers (395 compared).
Modeled value ranks above 63% of those peers.
Closest niche peers: 1560 Sherman St Apartments LLC, Highland Park & Penn Apartments LLC, CA Affordable Housing I, LP, San Remy Apartments, LLC, Urban Home Living LLC.
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.