Companies · Proptech / Real Estate

Highland Park & Penn Apartments LLC

DENVER · Proptech / Real Estate · refined from filed group “Other”

Diligence memoA one-page analyst read on Highland Park & Penn Apartments LLC — recommendation, valuation, rhythm, risks.→
$3.7M
Total raised · real
1
Rounds
—
Latest step-up
Top 23%
Sector rank · raised
Seed
Latest stage · inferred · Tue Jun 21 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Highland Park & Penn Apartments LLC looks over-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the proptech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 1.85× the median modeled value of Seed Proptech / Real Estate companies in 2022–2024 (31 peers) — value vs value, same stage and era.
  • Issuer reports no revenue, yet is modeled well above niche peers.
Dormant
  • Last raise 4.0 yr ago; this sector typically re-raises about every 14 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Highland Park & Penn Apartments LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
4.3 yr record
Peak capital year was 2022 with $3.7M across 1 filings.
Market position
ahead of 78% of Proptech / Real Estate peers
Capital scale is ahead of 78% of Proptech / Real Estate peers; modeled value is above 79% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2022: $3.7M across 1 filings.
  • Largest single filing was $3.7M on 2022-06-21.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Proptech / Real Estate

Highland Park & Penn Apartments LLC is one of 395 Proptech / Real Estate companies tracked from DENVER. By capital raised it ranks in the upper tier (ahead of 78% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
44
Investors (latest)
2022
Year incorporated
2022-06-21
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MSeed · 2022-06-21 Raised $3.7M (real) Modeled valuation $23M (est)$3.7M$23MSeed2022

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$3.7M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$22.7M
Base estimate est.
$3.2M
Conservative case
$104.7M
Upside case
$18.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seed — a $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the proptech sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 60% high
1.33×/yr
Annual markup
1.75×/yr upside case
4.0 yr
Elapsed time used
4.0 yr actual, capped for stale marks
proptech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
4.3 yr
On record since
2022
First round
1
Rounds on file
How it compares to the market

Benchmarked against 395 companies in Proptech / Real Estate. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages)▲ 1.3× above median
This company$3.7M
Sector median$2.8M
Latest round — vs other Seed rounds in sector (real $, this stage)▲ 1.9× above median
This company$3.7M
Sector median$2.0M
Modeled value — vs sector median (estimate, all stages)▲ 1.6× above median
This company$22.7M
Sector median$13.8M

Raised more than 78% of sector peers (real $). Modeled value above 79% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #2 of 31.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)1560 Sherman St Apartments LLC · Seed Raised $3.6M · modeled $23.2M (est)CA Affordable Housing I, LP · Seed Raised $3.3M · modeled $22.1M (est)San Remy Apartments, LLC · Seed Raised $4.0M · modeled $22.0M (est)Urban Home Living LLC · Seed Raised $3.0M · modeled $16.6M (est)IRO Apartment Investors 2022, LLC · Seed Raised $2.7M · modeled $16.4M (est)Hyku Home Inc. · Seed Raised $3.1M · modeled $16.3M (est)Florida Home Services Holdings, LLC · Seed Raised $2.6M · modeled $16.0M (est)Ugly Property Holdings, LLC · Seed Raised $2.9M · modeled $15.8M (est)Bexley Apartments LLC · Seed Raised $3.1M · modeled $15.7M (est)CasaDova Apartments LLC · Seed Raised $3.3M · modeled $14.8M (est)Far Homes Inc. · Seed Raised $2.2M · modeled $13.8M (est)Highland Park & Penn Apartments LLC (this company) Raised $3.7M · modeled $22.7M (est)Highland Park & Penn Apartments LLC
CompanyStageRaised · realValue · estvs peer med.
1560 Sherman St Apartments LLCSeed$3.6M$23.2M1.89×
Highland Park & Penn Apartments LLC this companySeed$3.7M$22.7M1.85×
CA Affordable Housing I, LPSeed$3.3M$22.1M1.80×
San Remy Apartments, LLCSeed$4.0M$22.0M1.79×
Urban Home Living LLCSeed$3.0M$16.6M1.35×
IRO Apartment Investors 2022, LLCSeed$2.7M$16.4M1.33×
Hyku Home Inc.Seed$3.1M$16.3M1.33×
Florida Home Services Holdings, LLCSeed$2.6M$16.0M1.30×
Ugly Property Holdings, LLCSeed$2.9M$15.8M1.29×
Bexley Apartments LLCSeed$3.1M$15.7M1.28×
CasaDova Apartments LLCSeed$3.3M$14.8M1.21×
Far Homes Inc.Seed$2.2M$13.8M1.12×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$3.7M2022-06-21$18.5M$22.7M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$3.7M2022-06-21
    • First recorded raise — entered as Seed.
    • 44 investors on this round.
Intelligence
—
Modeled next raise
$5.9M
Modeled next size est.range $3.9M–$9.5M
—
Last step-up
—
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Mark Hentemann—9 other2022-06
Nicholas Ameluxen—8 other2022-06
Clifford Cheung—2 other2022-06
Benoit Malige—1 other2022-06
Jamie Gruber—1 other2022-06
Joseph Arico——2022-06
Mike Taravella——2022-06
Tamar Hermes——2022-06
Registry & provenance

Highland Park & Penn Apartments LLC is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1936047
SEC CIK
2022
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
1560 Sherman St Apartments LLCProptech / Real EstateSeed$3.6M$23.2Mnetwork2 shared operators · same sector · same stage
2250 N Clarkson Apartments LLCProptech / Real EstateSeed$1.4M$5.0Mnetwork2 shared operators · same sector · same stage
Bradford Park LLCOtherSeed$2.0M$27.2Mnetwork3 shared operators · same stage
Eliot Flats Apartments LLCProptech / Real EstateSeries A$4.3M$15.8Mnetwork2 shared operators · same sector
1451-1459 Detroit Apartments LLCProptech / Real EstateSeries A$4.5M$23.7Mnetwork2 shared operators · same sector
1410 N Marion Apartments LLCProptech / Real EstateSeries A$5.1M$24.7Mnetwork2 shared operators · same sector
270 Lincoln Apartments, LLCProptech / Real EstateSeed$3.2M$24.7Mnetwork1 shared operator · same sector · same stage
ACX VI Properties LLCProptech / Real EstateSeed$3.8M$13.0Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Eliot Flats Apartments LLCProptech / Real EstateSeries A$15.8M82%
Texas Property Apartments LLCProptech / Real EstateSeries B$81.3M81%
Grove Apartments Pocatello, LLCProptech / Real EstateSeed$9.9M81%
Jordan Apartments, LLCProptech / Real EstateSeries A$29.9M81%
Capital City Apartments LLCProptech / Real EstateSeed$8.6M80%
Lex Apartments, LLCProptech / Real EstateSeed$8.3M80%
Ira Avenue Lofts, LLCOtherSeed$40.9M80%
Inertia Apartments LLCProptech / Real EstateSeries A$15.5M79%
Frequently asked
How much funding has Highland Park & Penn Apartments LLC raised?
Highland Park & Penn Apartments LLC has raised approximately $3.7M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Highland Park & Penn Apartments LLC's estimated valuation?
Provath's modeled valuation for Highland Park & Penn Apartments LLC is approximately $22.7M (modeled range $3.2M–$104.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Highland Park & Penn Apartments LLC at?
Highland Park & Penn Apartments LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Jun 21.
What does Highland Park & Penn Apartments LLC do and where is it based?
Highland Park & Penn Apartments LLC operates in the Proptech / Real Estate sector, based in DENVER.
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