Twin Cities-based Water Street Partners (“WSP”) is pleased to announce the final closing of Water Street Fund II, LLC (“Fund II”). Fund II is a closed-end, discretionary real estate fund targeting commercial and multifamily investments in the Minneapolis-St. Paul, MN and Raleigh-Durham, NC markets. WSP achieved its equity target ahead of schedule and was oversubscribed by 15%.

Final Press Release – WS Closes Fund II