Highlights

A Scottsdale-registered commercial LLC has raised $4.2 million of a $5 million private securities offering, according to an amended Form D filed July 17 with the SEC.

685ARD-CO, LLC lists its address as 8800 N. Gainey Center Drive, Suite 275, Scottsdale, a multi-tenant office complex in the Gainey Ranch corridor. The entity is organized in Delaware and was formed in 2023. Shane Albers is identified in the filing as executive officer and sole member of the manager.

The offering opened with a first sale date of May 11, 2026. As of the amendment, 53 investors have committed capital, with no non-accredited investors among them. The minimum investment accepted is $10,000. Roughly $800,900 remains available before the offering closes at its $5 million ceiling.

The filing does not disclose the nature of the underlying investment, the use of proceeds, or any named co-investors beyond Albers. The industry group is listed as commercial.

Who is Shane Albers?

The SEC filing identifies Shane Albers solely as executive officer and sole member of the manager of 685ARD-CO, LLC. No additional background on Albers appears in the filing or in the background research pack assembled for this lead.

The $800,900 still available in the offering suggests the raise remains open; no closing date is stated in the amendment.

Sources

Every factual claim in this article traces to one of the sources below. See how we work for the editorial process.

  1. SEC EDGAR retrieved 18/07/2026 03:19

Authored by The Scottsdale Signal. Drafted by AI from primary-source material under our beat-specific editorial guides; reviewed by humans before publish under our five-gate process. Sources retrieved at 18/07/2026 03:19. Every claim traces to a source.