Diligence memo · auto-generated · as of July 2, 2026
Watermark 2022 Multifamily Development Fund IV, LP
Watermark 2022 Multifamily Development Fund IV, LP has raised $254M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Watermark 2022 Multifamily Development Fund IV, LP operates in Investment Vehicle, based in TERRE HAUTE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Watermark 2022 Multifamily Development Fund IV, LP has raised $254M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $254M on 2022-05-09.
Most recent recorded round closed around 2022-05-09.
Valuation (modeled)modeled
Provath models Watermark 2022 Multifamily Development Fund IV, LP at approximately $3.3B (range $1.4B–$5.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Not enough dated financing history to read a financing rhythm.
Comparablesmixed
Capital scale ranks ahead of 98% of Investment Vehicle peers (1793 compared).
Modeled value ranks above 98% of those peers.
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.