Preheat oven to 350 degrees Fahrenheit. To make the praline sauce: melt butter in a small saucepan over medium heat. Stir in heavy cream and ¾ cup brown sugar until sugar sugar is dissolved and mixture is uniform.
Bring mixture to a bubbling boil then reduce heat to low and simmer for 5-10 minutes until thickened.
Meanwhile, cut the biscuits into quarters and peel and dice the apples.
Add biscuit and apple pieces to a large mixing bowl or container and toss in remaining ¼ cup of brown sugar, cinnamon, and nutmeg until all pieces are evenly coated.
Transfer biscuit and apple pieces to a loaf pan. Pour praline sauce all over top and use a spoon or butter knife, if necessary to move the biscuit pieces around so that the sauce gets distributed between each piece and all the way to the bottom.
Place the loaf pan on the center oven rack with a sheet pan on the rack below to catch any drips. Bake for about 45 minutes or until deep golden brown on the outside and cooked through on the inside.
Allow monkey bread to cool for about 20 minutes then invert onto a plate. Garnish with pecans and serve warm.
Notes
Cold biscuits straight of the fridge will be easiest to work with as they will get sticky as they warm up.Use a glass loaf pan for this sticky pull apart bread recipe so you can easily see when the praline sauce is evenly distributed between the biscuit pieces.How to store monkey bread? Store homemade monkey bread in an airtight container for up to three days. Place a paper towel in the container to soak up excess moisture, which can cause mold.Should I refrigerate monkey bread? I don't recommend refrigerating monkey bread because the biscuits will harden and lose moisture that is not replaced during reheating. You can easily freeze monkey bread, though. Wrap tightly in plastic wrap then aluminum foil and it will keep in the freezer for up to three months.