AltMountain

Apn Recovery, LLC

Chicago, IL · CIK 2069110 · Sponsor: SMB Equity, LLC
Emerging

Apn Recovery, LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Jun 2, 2025, it has sold $1,112,000 of interests to 95 investors since its first sale in Apr 2025. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include SMB Equity, LLC; SNJL, LLC; MHSR, LLC.

Total raised
$1,112,000Cumulative sales reported on Form D
Investors
95
First sale
Apr 8, 2025
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
SMB Equity, LLC; SNJL, LLC; MHSR, LLC
Latest Form D
Jun 2, 2025

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Apn Recovery, LLC

What is the minimum investment for Apn Recovery, LLC?

Apn Recovery, LLC's latest Form D, filed Jun 2, 2025, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Apn Recovery, LLC?

Apn Recovery, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has Apn Recovery, LLC raised?

Apn Recovery, LLC reports $1,112,000 sold from 95 investors on its Form D filed Jun 2, 2025. This is cumulative sales since the offering began, not current assets or performance.

Where is Apn Recovery, LLC based?

Apn Recovery, LLC is based in Chicago, Illinois.

When did Apn Recovery, LLC launch?

Apn Recovery, LLC reports its first sale in Apr 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).

Size compared with every real estate fund

Raised more than 58% of the 481 real estate funds based in Illinois, and more than 35% of all 7,351 that report sales.

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