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New York Multifamily Investment and Demand

Multi Family Investment

Multifamily investment opportunities in New York could just be an option that private investors, money managers, and wealth management firms may want to observe. With a population just shy of approximately 8.5 million people, New York City is the most populous city in the United States. New York has grown by an unprecedented 2.8% since 2010, and as such, the demand for multifamily housing continues to grow1.

Multifamily Demand in New York City

The New York City’s Department of City Planning, along with Mayor Bill de Blasio, announced a mandate to provide 200,000 affordable apartments over the next 10 years to fit the growing city’s needs2. Such a need will provide ample investment opportunities to those seeking to invest in the booming New York multifamily market.

The Growing Boroughs and Need for Multifamily Housing

The Bronx, Brooklyn, Manhattan, Queens, and Staten Island have all experienced population increases over the last three years3. New York City is known for its major population fluctuations annually, with estimates suggesting that upwards of 200,000 new migrants come and go each year.

This new trend of population growth has led to the need for new and renovated structures in all of the boroughs, with multifamily housing being in especially high demand. This continued growth provides investors with the possibility of great investment opportunities within the multifamily sector across all boroughs.

Multifamily Investments in New York

Money managers, wealth management firms, and private investors can contact Encore Enterprises about investment opportunities in New York. Qualified candidates can get information on current and future projects by contacting a member of our equities team.

  1. http://www.nyc.gov/html/dcp/html/about/pr032714.shtml

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Wealth Management Firms | Seeking Multi-Family Investors

Investing in Multifamily Properties

Multifamily Properties

We have observed that Wealth Management firms are currently moving many of their investors towards multifamily investment opportunities like those offered by Encore Enterprises. With the growing earning potential in the commercial real estate market climbing in key states like Texas, New York, and California, there is an increased amount of interest in multifamily projects, according to National Real Estate Investor.

Private Equity firms and individuals are seeing high returns in the multi-family sector due to the simple need and demand for housing in these larger markets and highly populated areas. The investment opportunities to build, develop, acquire and/or renovate multifamily complexes are producing attractive investment gains.

Multifamily Properties Investing with Encore

We believe Encore Enterprise is ahead of the curve when it comes to the commercial real estate market as a whole. Our firm works directly with financial advisors, wealth management groups and accredited investors to bring multifamily investment opportunities together. Encore Multi-Family, LLC is a full-scale multifamily developer under the Encore Enterprise umbrella of companies building and acquiring properties in Texas, New York, and California.

If you or your firm is seeking out information on investing in Multifamily Properties and would like more information on our current projects, you will need to first submit your information here to begin the process.

Investing in Multifamily Properties and Commercial Real Estate

We currently have many multifamily commercial real estate investment projects under- way and many more in the works focusing the majority in key cities in the states of California, New York and Texas.

Encore Enterprise also has many other commercial real estate investment opportunities for Wealth Management Groups, Capital Financial Advisors and High Net Worth Individuals. We work directly with Private Equity companies to ensure a level of trust, understanding and communication. Be sure to review our site on our hospitality, restaurant, hotel and retail investment projects.

Encore Enterprises Honors Veterans Through #22Kill Initiative

Today we remember those who lost their lives on 9/11 and thank those who continue to protect our freedom by participating in the #22Kill initiative. #22Kill, an initiative sponsored by Honor Courage Commitment, strives to raise awareness about the 22 veterans that take their lives each day as they attempt to reintegrate themselves into civilian life. The organization assists veterans in creating a plan of action prior to leaving their service, so that they may transition smoothly. 

In honor of our veterans and in remembrance of 9/11 our corporate office participated in the #22Kill initiative. Check out our video below!

Encore Tower at Frisco Square Groundbreaking Event

(Dallas, Texas) August 22, 2014 – Encore Office, LLC, a subsidiary of Dallas-based Encore Enterprises, Inc., in conjunction with the City of Frisco, Gearbox Software, and Wolverine Interests have broken ground on The Tower at Frisco Square, a midrise, 166,051 square foot office building in Frisco, Texas. The mixed-use building will serve as the headquarters for Gearbox Software on two of the five floors, and offer retail, office, and restaurant space on the other three, including the XP Bar and Restaurant. The XP Bar and Restaurant will feature cuisine from executive chef David Michael themed around video games and information technology.

“This is a project that has been over three years in the making,” said Patrick Barber, CEO of Encore Enterprises. “It has taken tremendous dedication and perseverance on behalf of everyone at Encore, the City of Frisco, Wolverine Interests, and Gearbox Software.”

Construction for the project is being directed by Andres Construction and the building is slated for completion by the second quarter of 2015.

“As of today we are over 51% leased and we are moving forward with great momentum,” said Mark Cypert, President of Encore Office. “We expect to be fully leased by the first quarter of 2015.”

Featured speakers at the event consisted of President of Encore Office, Mark Cypert; CEO of Encore Enterprises, Patrick Barber; Randy Pitchford; President of Gearbox Software, Jim Leslie; managing partner at Wolverine Interests; and Mayor of Frisco, Maher Maso.

About Encore Office, LLC
Encore Office, LLC is a privately held commercial real estate company focused on the acquisition, ownership, redevelopment and asset management of class “A” commercial office buildings across the United States. For more information, visit Encore Enterprises, Inc., or call (214) 259-7000.

About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a privately owned national real estate investment company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and public-private mixed use developments. For more information about Encore Enterprises, Inc., or call (214) 259-7000.

Encore Breaks Ground on Tower at Frisco Square

(Dallas, Texas) August 22, 2014 – Encore Office, LLC, a subsidiary of Dallas-based Encore Enterprises, Inc., in conjunction with the City of Frisco, Gearbox Software, and Wolverine Interests have broken ground on The Tower at Frisco Square, a midrise, 166,051 square foot office building in Frisco, Texas. The mixed-use building will serve as the headquarters for Gearbox Software on two of the five floors, and offer retail, office and restaurant space on the other three, including the XP Bar and Restaurant. The XP Bar and Restaurant will feature cuisine from executive chef David Michael themed around video games and information technology.

“This is a project that has been over three years in the making,” said Patrick Barber, CEO of Encore Enterprises. “It has taken tremendous dedication and perseverance on behalf of everyone at Encore, the City of Frisco, Wolverine Interests, and Gearbox Software.”

Construction for The Tower at Frisco Square is being directed by Andres Construction and the building is slated for completion by the second quarter of 2015.

“As of today we are over 51% leased and we are moving forward with great momentum,” said Mark Cypert, President of Encore Office. “We expect to be fully leased by the first quarter of 2015.”

Featured speakers at the event consisted of Mark Cypert, President of Encore Office, Patrick Barber, CEO of Encore Enterprises, Randy Pitchford, President of Gearbox Software, Jim Leslie, managing partner at Wolverine Interests, and Mayor of Frisco, Maher Maso.

About Encore Office, LLC.
Encore Office, LLC is a privately held commercial real estate company focused on the acquisition, ownership, redevelopment and asset management of class “A” commercial office buildings across the United States. For more information about Encore Enterprises, Inc., visit encore.bz or call (214) 259-7000.

About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a privately owned national real estate investment company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and public-private mixed use developments. For more information about Encore Enterprises, Inc., visit encore.bz or call (214) 259-7000.

Multi-Family Properties and Population Growth | TX, NY, CA

Multi-Family Properties in Texas

Encore Multi-Family, LLC (EMF) a division of Encore Enterprise Inc. that is headquartered in Dallas, Texas, has been developing, operating, and managing multi-family homes since 2008. With projects across the southeastern region of the United States, Encore Multi-Family looks forward to expanding its projects across the nation with the rise of population growth.

Multi-Family Properties in New York

In response to the increasing population growth in New York that the state hasn’t experienced in two decades, Encore recently took the opportunity open another office in the city. Based on the U.S. Census Bureau’s 2010 and 2013 data, the city expects to implement a 10-year plan to build another 200,000 units to accommodate this new growth.

Multi-Family Properties in California

Encore Multi-Family is also targeting California in cities such as San Jose and Dublin that are experiencing population growth and thus has a need for more housing accommodations to meet the demand.

About Encore Multi-Family, LLC

Encore Multi-Family, LLC attributes its success to its proven business model and marketing. The division closely monitors and analyzes the growing trends within a city. Encore Multi-Family then makes decisive actions based on these trends, which has led to expanding the division’s influence within the United States.

The multi-family division strives to give clients the personal attention and informative answers they need to make decisive plans for their investments. Encore Multi-Family values open communication to foster strong business partnerships. For more information on Encore Multi-Family’s current ongoing projects, please call 214-259-7000 or contact us online.

Addition of Three New EB-5 Regional Centers Grows Immigrant Investor Program for Encore Global

(Dallas, Texas) August 12, 2014 – Encore Global Investment Management, LLC, a division of Dallas-based Encore Enterprises, Inc., has received approval for three new Regional Centers in its EB-5 network, including Pennsylvania, Washington/Oregon, and California. This is in addition to the existing regional centers of Alabama-Florida, Colorado, Louisiana, Mississippi, Nashville, Raleigh-Durham, Southern California, New York/New Jersey, Washington D.C., Texas, and Boston.

“We have reached many milestones this year including being approved for our three new Regional Centers and receiving the first ever EB-5 permanent Green Card in Texas,” said Shae Armstrong, Legal Counsel of Encore Global. “The future for Encore Global is extremely bright; we have many attractive real estate development projects in the pipeline and our network of Regional Centers gives us the ability to provide vital capital to these projects.

The three Regional Centers will offer investment opportunities in the entire state of Washington and Pennsylvania in addition to the following counties:

Oregon
  • Clackamas
  • Colombia
  • Multnomah
  • Washington
California
  • Alameda
  • Alpine
  • Amador
  • Butte
  • Calaveras
  • Colusa
  • Contra
  • Del Norte
  • El Dorado
  • Fresno
  • Glenn
  • Humboldt
  • Inyo
  • Kings
  • Lake
  • Lassen
  • Madera
  • Marin
  • Mariposa
  • Mendocino
  • Merced
  • Modoc
  • Mono
  • Monterey
  • Napa
  • Nevada
  • Placer
  • Plumas
  • Sacramento
  • San Benito
  • San Francisco
  • San Joaquin
  • San Mateo
  • Santa Clara
  • Santa Cruz
  • Shasta
  • Sierra
  • Siskiyou
  • Solano
  • Sonoma
  • Stanislaus
  • Sutter
  • Tehama
  • Trinity
  • Tulare
  • Tuolumne
  • Yolo
  • Yuba

To qualify for the EB-5 Immigrant Visa Category, accredited foreign persons must either directly or indirectly, create ten full-time jobs in the United States through an investment of at least $500,000 by way of a USCIS-approved Regional Center. In return, the investor may be able to obtain an EB-5 Visa, which grants permanent residency status to the investor, respective spouses, and unmarried children under 21 years of age.

“Encore Global’s Regional Center network platform was organized to draw foreign capital through the EB-5 program, with the intention of developing multiple new commercial enterprises and job-creating entities,” said Dr. Bharat Sangani, Chairman of Encore Enterprises. “The addition of our three newest Regional Centers will enable our presence to stretch across 17 states and the District of Columbia, giving us the ability to develop a wide array of projects in a myriad of different cities.”

About Encore Global Investment Management, LLC
Encore Global Investment Management, LLC was created to provide an EB-5 investment vehicle for accredited foreign nationals seeking permanent residency status in the United States. The company focuses on developing and/or funding commercial real estate projects related to retail, hospitality, multi-family, and office facilities. For more information, visit a href=”http://www.encoreeb5.com/” target=”_blank” rel=”noopener”>Encore Global online or call (214) 259-7000.

About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a national real estate company with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and public-private mixed use developments. For more information, visit Encore Enterprises online or call (214) 259-7000.

Disclaimer: Not every investment is safe, not every investment in a Regional Center will ultimately result in green card status, and not every investment will produce a profit.

Encore Land Completes Development of First 20 Residential Home Sites, Over 3,100 More in the Pipeline

(Dallas, Texas) July 29, 2014 – Encore Land, LLC, established as a division of the Dallas-based Encore Enterprises, Inc. in 2013, has completed the land development portion for its first single family residential project, Jordan Run Estates Phase II, located in Midlothian, Texas.

“The 20 lots in the second phase of Jordan Run Estates in Midlothian are the first in a long list of projects we have planned for the coming year,” said Steve Donosky, President of Encore Land. “We currently have several other developments in the pipeline across the North Texas region, including developments in Coppell, Las Colinas, Fort Worth, Mansfield, Waxahachie, and a second project in Midlothian.”

J. Houston Homes is the homebuilder for the Jordan Run Estates community, and new homes will be available in the fall of 2014. Completion of the Coppell, Mansfield, and Waxahachie developments is slated for early 2015. New projects totaling over 3,100 lots across the Dallas-Fort Worth Metroplex are currently in Encore Land’s pipeline.

“The North Texas area is experiencing high demand for new single family homes. As of June 2014, there were about 10,000 new units under construction across the DFW Metroplex, but this has not been enough to keep up with increasing demand,” said Dr. Bharat Sangani, Chairman of Encore Enterprises. “We estimate that there are currently only 3,000 finished vacant homes available in the DFW market. We are confident that our new developments will contribute much needed supply to the North Texas housing market.”

About Encore Land, LLC.
Encore Land, LLC is a land investment company focused on identifying and acquiring strategic land parcels in unique locations for master planning and entitlement of commercial and residential developments. Encore Land provides a strategic area of focus to newly emerging markets with long-term growth potential. For more information visit encorebz.wp.brainvire.dev, or call (214) 259-7000.

Encore Restaurants Purchases 8 Existing Five Guys Restaurants, Plans to Develop 45 More

(DALLAS, Texas and SACRAMENTO, California) July 22, 2014 – Encore Restaurants, LLC, a subsidiary of Dallas-based Encore Enterprises, Inc., has announced the purchase of eight existing Five Guys Burgers and Fries restaurants across central California including Elk Grove, Fresno, Lodi, Natomas, Roseville, Stockton, Tracy, and West Sacramento. The award-winning, fast casual restaurants specialize in hamburgers, hot dogs, and french fries. Plans are also underway to develop future Five Guys restaurants in the area.

“We have located the first ten sites and will begin building the restaurants first quarter of 2015, in Fresno, California,” said William Ray Bruce, President of Encore Restaurants. “Our guests have been asking for more locations in this trade area.”

The existing restaurants are located from Fresno to South Lake Tahoe and as far west as Napa County. Encore Restaurants plans on developing 45 more locations in the state of California over the next four years, starting with the Fresno area.

“We plan on helping these communities with management personnel and many crew member positions,” said Bharat Sangani, Chairman of Encore Enterprises. “By the end of our four year development stretch we hope to bring upwards of 1,250 jobs to the region.”

About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a privately owned national real estate company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and public-private mixed use developments. For more information about Encore Enterprises, Inc., visit encorebz.wp.brainvire.dev, or call (214) 259-7000.

About Encore Restaurants, LLC
Encore Restaurants, LLC. develops, owns and manages specific territories of various Full Dining, Fast Casual, and Quick Serve concepts across the United States. For more information about Encore Restaurants, LLC., visit encorebz.wp.brainvire.dev, or call (214) 259-7000. For information regarding future development locations, contact Stacey Barber at 228-547-0293.

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