Category : Encore Multi-Family

New 224-Unit Class A Apartment Community Under Construction at 1805 S. Bannock Street

Posted on: February 24, 2017 by Arpit Shah

Encore Evans Station, Dallas

Encore Evans Station will be a thoughtfully designed luxury apartment community within walking distance from Denver’s burgeoning South Broadway district and the Evans Light Rail Station.

(Dallas, Texas) February 24, 2017 – Encore Multi-Family, LLC, a subsidiary of Dallas-based Encore Enterprises, Inc., has officially broken ground on Encore Evans Station located at the northwest corner of Jewell Avenue and S. Bannock Street, approximately two blocks north of Evans light rail stop. The 224-unit multi-family community will feature an industrial contemporary design in a high density garden layout that allows for individual parking garages and site amenities of size and scale often found in more suburban communities.

“Millennials are continuing to drive a major rental market increase and we believe this development really reflects their needs as renters,” said Bharat Sangani, Chairman of Encore Enterprises. “We placed a strong emphasis on socialization and luxury amenities in our design and we believe this is critical to attract and retain millennial renters.”

Amenities will include a large pool and spa area with grilling, outdoor lounge, and fire pit; lushly landscaped open space and courtyards; bocce ball court; large dog park; and pedestrian and bike plaza as a linkage to the future Jewell Street Pedestrian Bridge. Residents will enjoy a luxurious clubroom directly linked to the pool area for indoor/outdoor entertaining, business center and private conference room, and the fitness center complete with a designated free weight room and flex yoga/spin studio. Other amenities include a centrally located bike repair shop and storage, indoor dog wash, and 24-hour package concierge for 24-7 resident retrieval of packages.

Encore Evans Station will offer a variety of one and two-bedroom units designed to provide variability in pricing to the market. All units are professionally designed and will have the latest finishes including stainless steel appliances, energy efficient LED lighting fixtures, and individual full size washer/dryers.

“Encore Evans Station provides us with an opportunity to continue to redevelop one of the larger sites located in the South Broadway corridor, walking distance to the Evans Station light rail station. This will enable us to provide unique suburban amenities in an urban environment,” said Bradley Miller, President of Encore Multi-Family.

Construction for Encore Evans Station is currently under way with first units to be available for occupancy First Quarter 2018.

About Encore Multi-Family, LLC     
Encore Multi-Family, LLC is a subsidiary of Encore Enterprises, Inc. and was founded in 2008 as a fully integrated multi-family developer, owner and operator. The company is involved in all aspects of multifamily development projects and acquisitions including ground-up developments, joint ventures and mixed-use turnkey developments. For more information about Encore Multi-Family, LLC, visit encore.bz or call (214) 259-7000.

New 253-Unit Class A Apartment Community Under Construction on Swiss Avenue

Posted on: January 19, 2017 by Hailey

Encore Swiss Avenue, Apartment Investing Dallas

Encore Swiss Ave. will be a thoughtfully designed luxury apartment community in Dallas’s near east side close to the Baylor University Medical Center at Dallas.

(Dallas, Texas) January 19, 2017 – Encore Multi-Family, LLC, a subsidiary of the Dallas-based Encore Enterprises, Inc., has officially broken ground on Encore Swiss Avenue on the corner of Swiss Avenue and North Peak Street near East Dallas. The thoughtfully designed 253-unit and 204,752 square-foot multi-family community will feature a contemporary design with a nod to the historical nature of the neighborhood.

“Demand in the area has outpaced supply and current demand drivers continue to be strong,” said Bharat Sangani, Chairman of Encore Enterprises. “We are seeing millennials continue to rent for longer than previous generations and anticipate that these demand drivers will only get stronger in the future.”

The leasing office and front door will front Swiss Avenue providing a pedestrian connection to the enhanced streetscape and landscape parkway. The Residents will enjoy a luxurious clubroom for entertaining and business center both directly linked to a formally landscaped pool courtyard with fountains, raised spa, casual seating and grill stations. Other amenities include a state-of-the-art fitness facility and 24-hour package concierge.

Encore Swiss Avenue will offer a variety of one and two-bedroom units designed to provide variability in pricing to the market. All units are professionally designed and will have the latest finishes including stainless steel appliances, energy efficient LED lighting fixtures, and individual full size washer/dryers.

“We are excited about the opportunity to develop a community in the historic Swiss Avenue corridor in near East Dallas, just two miles from the CBD,” said Brad Miller, President of Encore Multi-Family. “This project is culmination of two years of careful planning and design.”

Construction for Encore Swiss Avenue is currently under way first units available for occupancy the First Quarter 2018.

About Encore Multi-Family, LLC     
Encore Multi-Family, LLC is a subsidiary of Encore Enterprises, Inc. and was founded in 2008 as a fully integrated multi-family developer, owner and operator. The company is involved in all aspects of multifamily development projects and acquisitions including ground-up developments, joint ventures and mixed-use turnkey developments. For more information about Encore Multi-Family, LLC, visit encore.bz or call (214) 259-7000.

Encore Multi-Family, LLC Closes on New Apartment Community Encore Evans Station

Posted on: August 20, 2015 by Arpit Shah

New York Commercial Investments Opportunities

(Denver, Colorado) August 17, 2015 – Encore Multi-Family, LLC, a subsidiary of the Dallas-based Encore Enterprises, Inc., closed on the 5.83 acres of land that will set the stage for the future Encore Evans Station apartment community located in Denver, CO. The apartment community will be a 3-story, Class A, high density, garden-style, multi-family development consisting of 224 units with an attached club house.

The project is located just south of Denver’s central business district in the South Broadway submarket. It is well-located, with walkable access to nearby shopping, restaurants, and nightlife. The Evans light rail station is within a half mile (7-minute walk) from the site and provides public transportation to downtown Denver and the DTC business corridor. Construction is expected to commence in early first quarter, 2016, pre-leasing during the fourth quarter, and completion in mid 2017.

“This is Encore’s second of several planned multi-family communities in the Denver metro area,” said Brad Miller, president of Encore Multi-Family. “We are naming the community Encore Evans Station due to the site’s proximity to the Evans light rail station. The lower-density urban/suburban design will differentiate the community from other high density properties in the submarket and will include many interesting amenities including the largest pet park in the sub-market.”

Denver’s effective rent growth has topped 6% in each of the last 17 quarters including 10% annual growth in the last year, ranking it 3rd among the top markets nationally. Axiometrics reports that the annual rent growth average for the US was 4.31%.

“With Denver’s booming economy, the development of a new apartment community will fit the growing needs leisure and work commuters,” explained Bharat Sangani, chairman of Encore Enterprises. “Denver’s apartment occupancy has remained over 94% since 2011. It has increased in each of the last 20 quarters and is currently at 96%.”

ARA Newmark Managing Directors Chris Cowan and Steve O’Dell represented an undisclosed seller in the transaction.

About Encore Multi-Family, LLC
Encore Multi-Family, LLC is a subsidiary of Encore Enterprises, Inc. And was founded in 2008 as a fully integrated multi-family developer, owner and operator. The company is involved in all aspects of multifamily development projects and acquisitions including ground-up developments, joint ventures and mixed-use turnkey developments. For more information about Encore Multi-Family, LLC, visit encorebz.wp.brainvire.dev, or call (214) 259-7000.

New York, California, Florida,
Commercial Real Estate ,Multi-Family Investing

Encore Multi-Family Announces Sale of Dallas Apartment Community

Posted on: August 20, 2015 by Arpit Shah

Dallas Apartments Sale, Encore Multi-Family

(Dallas, Texas) July 15, 2015 – Encore Multi-Family, LLC (EMF), a division of the Dallas-based Encore Enterprises, Inc., has announced the sale of Encore 6162, one of their newest Dallas apartment communities located in the Parkland/UT Southwestern Medical District. The 288-unit urban infill property was purchased by an Atlanta-based investment group.

“This sale was an integral part of our strategy to redeploy sale proceeds into our development pipeline and fund pre-development expenditures for future projects. This is an important part of Encore’s business strategy, and will enable the company to continue working towards its operational and financial goals and towards enhancing long-term value,” said Dr. Bharat Sangani, Chairman of Encore Enterprises, Inc. “The sleek, modern architecture combined with extraordinary amenities and well-designed floor plans promoted superior operating results and maximized value for the company and our investors,” added Brad Miller, EMF’s President.

About Encore Multi-Family, LLC Encore Multi-Family, LLC is a subsidiary of Encore Enterprises, Inc. and was founded in 2008 as a fully integrated multi-family developer, owner and operator. The company is involved in all aspects of multifamily development projects and acquisitions including ground-up developments, joint ventures and mixed-use turnkey developments.

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, multifamily communities, retail shopping centers, commercial offices, and public-private mixed use developments. For more information, contact Encore Enterprises, Inc., or call (214) 259-7000.

New York, California, Mississippi, Texas,
Commercial Real Estate, Multi-Family Investment Opportunities

Multifamily Investments in California

Posted on: October 29, 2014 by Arpit Shah

Multifamily Investments in California

Cities in California are currently seeing growth in population.

California has many multifamily developments and properties underway, particularly in key cities that demonstrate ample growth such as San Francisco, San Jose, Los Angeles, Sacramento, and San Diego 1. Thus, wealth management firms and private investors have the potential opportunity to invest in some of these current multifamily projects throughout California.

According to the California Department of State, the aforementioned cities are currently experiencing population growth and thus could become ideal locations for more future developments within the multifamily investment sector. Dublin, California, a suburb of San Francisco, is an epitome of the rapid growth of cities in California2. Additionally, the Bay Area is overall the fastest growing region in California – particularly San Jose, which now boasts a population of over 1 million3.

Encore Enterprises understands the need for multifamily housing and the potential investment opportunities for private investors and wealth management groups. Bill Schooling, the Chief Demographer for the California Department of Finance, noted, “the growth is continuing in an upward trend.4”

National Real Estate Investor estimates that while San Diego, Orange County, San Jose, San Francisco, and Oakland have delivered a cumulative total of 24,900 new units in 2014, this has not been enough to meet the demand for multi-family housing5. Additionally, the demand has overall remained strong, and vacancy rates have been very low across much of California, especially San Diego County, Los Angeles, Orange County, and the Inland Empire6.

Multifamily Investments in California

Multi-family investment opportunities are available to qualified EB-5, high-net-worth, and institutional investors through Encore Enterprises’ capital groups. To learn more, please visit encorebz.wp.brainvire.dev/investor-relations.

New York, California, Texas,
Commercial Property Investment, Retail Investment Opportunities

Multi-Family Properties in Texas | Dallas, Houston, San Antonio

Posted on: September 17, 2014 by Arpit Shah
Multi-Family Development

Multifamily Development Projects in Texas

Looking for good reasons to invest in Texas multifamily development projects? According to Forbes’ latest study, 4 of the 10 fastest growing cities in the United States are in Texas – more than any other state in America1. U.S. News found similar results, noting that 7 of the 15 most rapidly growing cities were in Texas – particularly Dallas, Houston, Austin, San Antonio, San Marcos, Frisco, and McKinney topping their lists2. Such growing cities indicate a similarly growing need for housing, particularly multi-family developments. Encore looks for these indicators when it comes to deciding on multi-family investment projects.

Multifamily Development Projects in Texas

When determining the viability of an investment, understanding the trends in population growth is one of the many statistics that investors and wealth management firms analyze. Other factors to consider are a company’s development and construction history in Texas, as well as their multi-family management capabilities.

Wealth Managers, Private Investors, and Money Managers look to Multifamily Developments

The aforementioned statistics could potentially be strong indicators of a growing need for housing and multifamily development projects in Texas. Money managers, private investors, and wealth management firms can contact Encore Enterprises to get more information about current projects underway and future plans in the state of Texas.

Are Investments in Multi-Family Property Developments a Viable Option?

In contrast to investing into single-unit housing, investing into multifamily projects has the potential to bring more consistent returns. For example, when a tenant leaves a single-unit home, investors may receive zero returns for several months until a new tenant occupies the home. For an investor to experience a zero-return month on a multifamily property, it would require all tenants to leave the property simultaneously, which is usually a rare phenomenon. With proper planning, management, and an effective staff, a multifamily property can maintain healthy retention rates and produce profitable returns.

Encore’s stringent underwriting practices have led to the impressive growth of its multi-family portfolio. To learn more, visit about Encore Multi-Family and its achievements.


New York, California, Texas,
Retail Property Investment, Retail Investment Opportunities

New York Multifamily Investment and Demand

Posted on: September 16, 2014 by Arpit Shah

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

Posted on: September 15, 2014 by Arpit Shah

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.

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

Posted on: August 15, 2014 by Arpit Shah

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.

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