Highlights
- SPC Valley Heights LLC raised the full $5.09 million target from 71 investors, with first sales beginning March 19, 2026.
- The offering included at least one non-accredited investor, a disclosure that triggers additional SEC regulatory scrutiny.
- Six executive officers manage the LLC through a web of holding entities, including Cypress Advantage Properties and Lien Phat Capital.
- The address of record ties to a Lake Elmo, Minnesota property co-owned by manager Jeremy Dyer.
SPC Valley Heights LLC, an Arizona-organized residential real estate entity, has fully subscribed its $5.09 million private offering, according to an amended Form D filed with the SEC on June 22. The filing shows $5.09 million raised from 71 investors, with nothing remaining of the target, and at least one non-accredited investor in the pool, a disclosure that places the raise under Regulation D's more stringent investor-protection requirements.
The LLC was organized in Arizona in 2025. Its address of record is 10316 Tapestry Bend in Lake Elmo, Minnesota, a property that BlockShopper public records list as co-owned by E. Dyer Marlene and J. Dyer Jeremy as trustees, with an assessed value of $974,800 as of 2025. Jeremy Dyer is identified in the SEC filing as an executive officer of SPC Valley Heights, acting through his entity JM Dyer Properties LLC.
Five additional managers round out the structure. Jerry Smith participates through Jerry R Smith Consulting LLC. Phuong Huynh acts through Lien Phat Capital LTD Co. Nicholas Stromwall is listed as sole member of Oak and Vike Holdings LLC and a member of Oak and Vine Capital Group LLC. Michael Guthrie and Samantha Guthrie each serve as managing members of both Cypress Advantage Properties LLC and Pacific Capital LLC.
The first sale date is listed as March 19, 2026. The minimum investment accepted was $0, meaning the offering imposed no floor on individual check size.
The filing is an amendment to an earlier Form D, indicating the raise was updated after initial submission. The SEC filing does not identify a specific project address, property name, or geographic market for the underlying investment.
Who is behind SPC Valley Heights LLC?
Six executive officers manage the entity through separate holding companies. Jeremy Dyer operates through JM Dyer Properties LLC; Michael and Samantha Guthrie share managing-member roles at both Cypress Advantage Properties LLC and Pacific Capital LLC. The filing does not disclose the principals' professional backgrounds or prior project history beyond their entity affiliations.
The amended Form D is available on SEC EDGAR. No further amendments have been filed as of the June 22 date.
Where to find them
- Valley Heights LLC · bizapedia.com · Facebook · X
- Smith Consulting LLC · awsmithconsulting.com
- Lien Phat Capital · lienphatcapital.com · Facebook
- Pacific Capital LLC · pacificcapitalllc.com · Instagram · Facebook
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 23/06/2026 10:38
- blockshopper.com retrieved 23/06/2026 10:38
- Valley Heights LLC (official site) retrieved 23/06/2026 10:38
- Smith Consulting LLC (official site) retrieved 23/06/2026 10:38
- Lien Phat Capital (official site) retrieved 23/06/2026 10:38
- Pacific Capital LLC (official site) retrieved 23/06/2026 10:38
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 23/06/2026 10:38. Every claim traces to a source.
