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Hotels Seek LEED Certification to Cut Costs and Help the Environment

The U.S. Green Building Council (USGBC) recently rolled out its latest Leadership in Environmental Design (LEED) standards for hotel certification, which included specific guidelines for hotels and other businesses in the hospitality industry. The LEED system for design, construction, operation, and maintenance of buildings promotes environmental responsibility during the building process and sustainable habits during operations.

Introduced in 1998, the LEED rating system has taken the drastic changes in environmentally friendly construction into consideration. Marriot International currently has 13 LEED-certified hotels. The USGBC gives out platinum, gold, and silver ratings beyond basic LEED certification. Only three hotels have earned a LEED platinum rating. Hotels can save money and boost their brand by complying with these green guidelines.

LEED Principles

The LEED rating system is broken down into various sustainable categories. Hotels can earn points by building on sustainable sites that minimize impact on the ecosystem. USGBC also offers credit for using sustainable building materials and reducing waste during the building process. Once a hotel is up, it’s use of water contributes to the LEED rating. Low-flow faucets and showers are examples of efficient water consumption. Lastly, LEED awards points for sustainable energy consumption. Energy companies can come alongside these building operations to create a plan for sustainability. Hotels that value and conserve electricity are more likely to get a high rating. Hotels have a chance to go green in all these categories.

LEED v4

The latest LEED specifications offer a new suite of tools designed to speed up the certification process. “For LEED 2009 there are about 1,000 versions of forms,” USGBC director Corey Enck told Hotelnewsresource.com. “For LEED v4 there are about 200.” The new LEED specifications also eliminate the light pollution credit for hotels. LEED guidelines indicate the commercial properties should have shading in the windows to prevent light from pouring out. In a hotel, however, guests control whether or not these shades are in use, so it doesn’t make sense to penalize owners. Along with LEED v4, USGBC.org offers a number of new resources for businesses seeking certification, whether they’re getting ready to build or looking to make an existing property more sustainable.

Platinum Hotel Certification

Earning the USGBC’s highest LEED rating is no easy task. Only two hotels in the United States are certified LEED platinum. Bardessono, a hotel and spa in Yountville, CA, uses low-e glass, automatically controlled thermostats and overhangs to reduce energy costs. Owners Steve and Pat Bardessono built their hotel with stone from an existing building. Not only did this give Bardessono a classic look, it also saved material. North Carolina’s Proximity Hotel was the first LEED platinum certified hotel. Proximity features 100 solar rooftop panels that heat water for the hotel. A number of water conservation advancements saved Proximity two million gallons of water in $13,000 in the first year of their installation. During construction, Proximity also recycled 87 percent of its construction debris.

Hotels can look to these two top performers for inspiration. LEED certification is a valuable badge to advertise, and it can save hotels money.

Encore Land, LLC Purchases Approximately 15 Acres of Land for Residential Development in Mansfield, TX

(Dallas, Texas) November 26, 2013 – Encore Land, LLC, a division of the Dallas-based Encore Enterprises, Inc., has purchased approximately 15 acres of land for development of a new residential community in Mansfield, TX. Known as The Villages of Park Hill, the community will be located at 2011 Callender Road in Mansfield just north of Debbie Road at Highway 287.

“The Village of Park Hill will bring quality single-family residences ranging in size from 2,290 to 3,600 square feet by Dunhill Homes,” said Developer Steve Donosky, President of Encore Land. “Encore Land is eager to participate in the rapidly growing Mansfield community.”

“Dunhill Homes is excited to be entering into the Mansfield market with our top notch energy efficient homes,” said Chris Hartley, Vice President of Sales & Marketing for Dunhill Homes. “Dunhill Homes will be showcasing our best plans within this community along with many included features that are not typically seen at our starting price point.”

The community will feature 59 lots, each unique and covered with mature hardwood trees, surrounding a large central park with walking trails. Residents of the Village of Park Hill will attend top rated Mansfield schools and have excellent access to Highway 287. The Mansfield civic center, various retail shopping areas which include the Cinemark 12 Mansfield movie theater, a variety of restaurants, Marshalls, and Best Buy are all within walking distance. The targeted opening date for the project is late spring/summer 2014.

About Dunhill Homes, LLC

Dunhill Homes, LLC is a privately owned homebuilding company based out of Dallas, TX. Dunhill Homes is known for building some of the most energy efficient homes in DFW with each home being Environments for Living Certified and Energy Star Guaranteed. Dunhill Homes is one of the fastest growing homebuilding companies within DFW.

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 is the newest subsidiary of Encore Enterprises and provides a strategic area of focus to newly emerging markets with long-term growth potential. For more information about Encore Land, LLC., visit encorebz.wp.brainvire.dev or call (214) 259-7000.

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.

Encore Global Continues Growth with New Alabama/Florida Regional Center

(Dallas, Texas) November 26, 2013 – Encore Global Investment Management, LLC (Encore Global) a division of the Dallas-based Encore Enterprises, Inc., plans to develop and/or finance multiple real estate projects in the states of Alabama and Florida as part of its nationwide EB-5 Regional Center network.

“We are excited to add yet another EB-5 Regional Center to our actively growing portfolio,” said Bharat Sangani, Chairman of Encore Enterprises. “This particular addition is especially great because it is our first Regional Center to cover two states.”

The EB-5 Employment-Creation Immigrant Visa Category was created by the United States Citizenship and Immigration Service (USCIS) in 1990 to provide accredited foreign individuals with an opportunity to achieve conditional and permanent residency status by investing lawfully acquired funds (at least $500,000 within a rural area or one of high unemployment, or $1 million anywhere else) in a USCIS approved Regional Center. To qualify, each investor must directly or indirectly, through the Regional Center, create ten full-time jobs in the United States. In exchange for this investment, the investor may be able to obtain an EB-5 Visa, providing permanent residency status for the investor, his or her spouse, and unmarried children under 21 years of age.

The Encore Alabama/Florida Regional Center has been organized to attract foreign capital through the EB-5 program, with the intention of developing multiple new commercial enterprises and job-creating entities located throughout Alabama and Florida. Encore Global will develop and/or fund commercial real estate projects in two Alabama counties, including Baldwin and Mobile, and eight Florida counties including Bay, Calhoun, Escambia, Gulf, Okaloosa, Santa Rosa, Walton, and Washington.

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 to obtain permanent residency status in the United States. Encore Global owns and operates eight approved Regional Centers in Alabama-Florida, California, Louisiana, Mississippi, Tennessee, North Carolina, Texas, and Washington, D.C. These Regional Centers focus on developing and/or funding commercial real estate projects related to retail, hospitality, multi-family, and office facilities. Visit Encore EB5 or call (214) 259-7021 for more information.

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.

Brenda Grogan and Daisy Chen Honored at November CREW Luncheon

CREW Honorees

Brenda Grogan and Daisy Chen were showcased at the November monthly luncheon for CREW (Commercial Real Estate Women) after attending CREW’s annual convention proudly held in Dallas this year. Speakers at the convention were real estate tycoon Barbara Corcoran from Shark Tank, and Pulitzer winner Tom Friedman, columnist for the New York Times. Mahesh Shetty, Encore’s COO / CFO, was a guest for their convention luncheon. CREW’s motto is: Advancing the Achievements of Women in Commercial Real Estate While Positively Impacting the Industry.

Encore Enterprises Sponsors Annual Gala and CME Sessions for Alabama API

Encore Enterprises was a proud sponsor of the Annual Gala and CME sessions for Alabama API, a chapter of the American Association of Physicians of Indian Origin (AAPI) in Huntsville on November 15th-16th, 2013. The event was attended by physicians mainly from Huntsville, Decatur, and Birmingham. This was part of a series of AAPI events Encore Enterprises has been supporting across the country, many of which are in support of their Childhood Obesity initiative as well as academic scholarship programs. Dr. Bharat Sangani, Founder and Chairman of Encore Enterprises was honored with a plaque for his contribution to the physician community. Mahesh Shetty, CFO/COO was in attendance along with Sejal Desai, Vice President, Community Development and Brenda Grogan, Director of Wealth Management.

Encore Global Announces Seventh Regional Center in Louisiana

(Dallas, Texas) November 7, 2013 – Encore Global Investment Management, LLC (Encore Global), a division of the Dallas-based Encore Enterprises, Inc., plans to develop and/or finance multiple real estate projects in the state of Louisiana as part of its nationwide EB-5 Regional Center network. This is the seventh regional center in a nationwide network of EB-5 regional centers owned and operated by Encore Global.

The EB-5 Employment-Creation Immigrant Visa Category was created by the United States Citizenship and Immigration Service (USCIS) to provide accredited foreign individuals with an opportunity to achieve conditional and permanent resident status by investing lawfully acquired funds in a Regional Center project approved by the USCIS. To qualify, each investor must directly or indirectly, through the regional center, create ten full-time jobs in the United States. In exchange for this investment, the investor may be able to obtain an EB-5 Visa, providing permanent residency status for the investor, his or her spouse, and unmarried children under 21 years of age.

The Encore Louisiana Regional Center has been organized to attract foreign capital through the EB-5 program, with the intention of developing multiple new commercial enterprises and job-creating entities located throughout Louisiana. Encore Global will develop and/or fund commercial real estate projects in thirty parishes, including Orleans, Calcasieu, East and West Baton Rouge, Lafayette, and St. Tammany Parishes.

“Projects funded through the Louisiana EB-5 Regional Center will greatly benefit the surrounding communities’ economy,” said Bharat Sangani, Chairman of Encore Enterprises. “The funds will go towards the construction of facilities encompassing a variety of industries including hospitality and retail, in order to promote regional economic growth and increase employment in each community.”

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 to obtain permanent residency status in the United States. Encore Global owns and operates seven USCIS approved Regional Centers across the U.S., and focuses on developing and/or funding commercial real estate projects related to retail, hospitality, multi-family, office, healthcare, and entertainment/recreational facilities. Visit Encore EB5 or call (214) 259-7021 for more information.

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 Global Continues Growth with New Mississippi Regional Center

(Dallas, Texas) Oct. 17, 2013 | PRNewswire – Encore Global Investment Management, LLC (Encore Global), a division of the Dallas-based Encore Enterprises, Inc., plans to develop and/or finance multiple real estate projects in the state of Mississippi as part of its nationwide EB-5 Regional Center network.

The EB-5 Employment-Creation Immigrant Visa Category was created by the United States Citizenship and Immigration Service (USCIS) in 1990 to provide accredited foreign individuals with an opportunity to achieve conditional and permanent resident status by investing lawfully acquired funds (at least $500,000 within a rural area or one of high unemployment, or $1 million anywhere else) in a regional center approved by USCIS. To qualify, each investor must directly or indirectly, through the regional center, create ten full-time jobs in the United States. In exchange for this investment, the investor may be able to obtain an EB-5 Visa, providing permanent residency status for the investor, his or her spouse, and unmarried children under 21 years of age.

The Encore Mississippi Regional Center has been organized to attract foreign capital through the EB-5 program, with the intention of developing multiple new commercial enterprises and job-creating entities located throughout Mississippi. Encore Global will develop and/or fund commercial real estate projects in fourteen Mississippi counties, including the gulf coast area (4 counties), the Hattiesburg area (5 counties), and the Jackson area (5 counties).

“Our EB-5 program provides a low cost-of-capital funding alternative to a wide variety of commercial real estate projects,” said Bharat Sangani, Chairman of Encore Enterprises. “Our EB-5 funding can be in the form of debt or equity. Developers have discovered that this is a very cost effective way to raise capital for real estate projects that create jobs.”

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 to obtain permanent residency status in the United States. Encore Global owns and operates six USCIS approved Regional Centers across the U.S., and focuses on developing and/or funding commercial real estate projects related to retail, hospitality, multi-family, office, healthcare, and entertainment and recreational facilities. Visit Encore EB5 or call (214) 259-7021 for more information.

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.

Contact: Amy Upton
Marketing
Encore Enterprises, Inc.
(T) 214-259-2400
[email protected]
encorebz.wp.brainvire.dev

Mark Stevenson Announced as Vice President of Technology at Encore Enterprises

DALLAS, Oct. 17, 2013 /PRNewswire/ — Mark Stevenson has been named Vice President of Technology at Encore Enterprises, Inc. With over 15 years of experience in information technology, Mr. Stevenson will oversee the operational efficiency and business procedures of all Encore entities.

“We are confident that with Mark, Encore will continue to be the role model for enterprise applications deployment and automation in the real estate industry,” said Mahesh Shetty, CFO and COO of Encore Enterprises. “Mark brings enormous knowledge and experience to the organization and we look forward to his involvement as we prepare for accelerated growth.”

Prior to joining Encore, Mr. Stevenson served as the Director of IT for LeadsOnline, where he was responsible for all aspects of IT integration and implementation. Prior to LeadsOnline, Mr. Stevenson served as the Manager for International IT projects for Telmar Network Technology. There he led the design, project management and implementation efforts of many large-scale domestic and international IT projects.

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, visit www.Encore.bz, or call (214) 259-7000.

Contact: Amy Upton
Marketing / Communications
Encore Enterprises, Inc.
(T) 214-259-2400
[email protected]
encorebz.wp.brainvire.dev

SOURCE Encore Enterprises, Inc.
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