Highlights
- Empire Village at Hyde Park, LLC has raised $27.21 million toward a $35 million residential offering, per a Form D/A filed May 28 with the SEC.
- The Scottsdale-registered LLC, managed by ENFR Management, LLC, lists Richard Felker, Geoffrey Jacobs, and Randy Grudzinski as executive officers.
- 334 accredited investors are already in at a $25,000 minimum; first sale was recorded Nov. 15, 2024.
- A parallel ENFR vehicle, Empire Village at Centerpoint Station, LLC, has separately raised $34.47 million of a $40 million target, per a same-day filing.
Empire Village at Hyde Park, LLC, a Delaware-organized residential offering registered at 6617 N. Scottsdale Road, Suite 101, Scottsdale, has raised $27.21 million of its $35 million target, according to an amended Form D filed May 28 with the SEC.
The offering, which accepted its first investor capital on Nov. 15, 2024, has drawn 334 investors, all accredited, at a minimum ticket of $25,000. The filing shows $7.79 million remaining to close.
The LLC is managed by ENFR Management, LLC. Its three listed executive officers are Richard Felker, Geoffrey Jacobs, and Randy Grudzinski, each identified in the filing as a principal of ENFR Management. Empire Group, the Phoenix-based development firm founded in the 1970s by Richard J. Felker, has developed and managed over $3 billion in assets for more than 4,000 investors across residential and commercial real estate, according to the company's website.
The Hyde Park vehicle is one of at least two active ENFR offerings. Empire Village at Centerpoint Station, LLC, organized in 2023 and sharing the same Scottsdale Road address and the same three executive officers, reported raising $34.47 million of a $40 million target in a Form D/A filed the same day. That offering opened in July 2023 and counts 487 investors.
Both filings are amendments, meaning the offerings were previously disclosed and the May 28 submissions update investor counts and amounts sold. Neither filing discloses the specific project address, development timeline, or use of proceeds beyond the residential industry classification.
The $7.79 million remaining in the Hyde Park offering is the figure to watch; the filing does not disclose a closing deadline.
Where to find them
- Empire Group · builtbyempire.com
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 29/05/2026 03:06
- builtbyempire.com retrieved 29/05/2026 03:06
- SEC EDGAR retrieved 29/05/2026 03:06
- Empire Group (official site) retrieved 29/05/2026 03:06
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 29/05/2026 03:06. Every claim traces to a source.
