Highlights
- Empire Village at Bronco Trail, LLC has raised $49.36 million of a $50 million target from 715 investors, per a Form D/A filed July 24.
- The offering, managed by EMC Management, LLC principals Richard Felker, Geoffrey Jacobs, and Randy Grudzinski, has been open since April 2022.
- The Scottsdale Road address at Suite 101 also anchors a sister offering, Empire Village at Cottonwood Creek, which has raised $67.66 million of an $80 million target from 1,029 investors.
- Minimum investment in the Bronco Trail vehicle is $25,000; all 715 investors are accredited.
A residential private placement managed out of 6617 N. Scottsdale Road has nearly closed its $50 million raise. Empire Village at Bronco Trail, LLC reported $49.36 million collected from 715 accredited investors in a Form D amendment filed with the SEC on July 24, leaving $635,700 remaining in the offering.
The vehicle is a Delaware LLC organized in 2022 and managed by EMC Management, LLC, whose principals are listed in the filing as Richard Felker, Geoffrey Jacobs, and Randy Grudzinski, each carrying the title of executive officer. First sales began April 1, 2022, and the minimum investment accepted is $25,000. No non-accredited investors are present in the offering.
Who else is behind this address?
The same Suite 101 address at 6617 N. Scottsdale Road is the address of record for a parallel EMC vehicle: Empire Village at Cottonwood Creek and Golden Triangle, LLC, which filed its own Form D amendment on the same date. That offering targets $80 million and has raised $67.66 million from 1,029 accredited investors since first sales began April 29, 2022, with $12.34 million still available. Felker, Jacobs, and Grudzinski are listed as principals there as well, this time under manager entity ENFR Management, LLC.
The two filings together represent more than $117 million in residential private-placement capital managed from the same Scottsdale office, with a combined investor count exceeding 1,700.
The Bronco Trail offering's $635,700 remaining capacity suggests a final close is imminent; the Cottonwood Creek vehicle still has meaningful room at $12.34 million outstanding. Neither filing discloses the underlying project address, asset type beyond the residential industry classification, or projected returns.
Where to find them
- Delaware LLC · delawareinc.com · Facebook · X
Sources
Every factual claim in this article traces to one of the sources below. See how we work for the editorial process.
- SEC EDGAR retrieved 25/07/2026 04:17
- SEC EDGAR retrieved 25/07/2026 04:17
- Delaware LLC (official site) retrieved 25/07/2026 04:17
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 25/07/2026 04:17. Every claim traces to a source.
