Diligence memo · auto-generated · as of July 2, 2026
Watermark 3G Multifamily Development Fund II, LP
Watermark 3G Multifamily Development Fund II, LP has raised $95M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Watermark 3G Multifamily Development Fund II, 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 3G Multifamily Development Fund II, LP has raised $95M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $95M on 2020-01-09.
Most recent recorded round closed around 2020-01-09.
Valuation (modeled)modeled
Provath models Watermark 3G Multifamily Development Fund II, LP at approximately $1.6B (range $368M–$4.3B). 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
Historic cadence: a new round about every 6 months.
Comparablesmixed
Capital scale ranks ahead of 95% of Investment Vehicle peers (1793 compared).
Modeled value ranks above 97% of those peers.
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.