Category : Press

(Dallas, Texas) May 7, 2013 – Encore Global Investment Management, LLC, (Encore Global) a division of the Dallas-based Encore Enterprises, Inc., has partnered with San Antonio-based American Regional Center, LLC to manage and operate Encore’s recently approved Regional Center that will serve eight South Texas Counties as part of the U.S. Government’s EB-5 Program.

The EB-5 Program was created by the United States Citizenship and Immigration Service (USCIS) in 1990 to provide qualified foreign individuals with an opportunity to achieve permanent U.S. residency status by investing $500,000 to $1,000,000 in a business that will benefit the U.S. economy and create at least 10 full-time jobs.  In exchange for this investment, the investor receives an EB-5 Visa providing permanent residency status for the investor and his/her immediate family.  Encore Global will work closely with American Regional Center to identify and coordinate the development of a variety of commercial real estate projects.

Encore Global will work with the American Regional Center to help develop, construct, operate and manage commercial real estate projects, focusing on commercial and institutional buildings as well as hotels. The American Regional Center partnership will enable Encore Global to expand its development efforts into eight South Texas counties including: Frio, Atascosa, Bexar, La Salle, Medina, Uvalde, Webb, and Zavalla Counties.

“While the EB-5 Program has been around since 1990, American Regional Center will enable Encore Global to strategically align EB-5 funding with targeted projects that will significantly change the economic development landscape in San Antonio and surrounding communities,” said Bharat Sangani, Chairman of Encore Enterprises. “We chose these eight South Texas Counties because of their economic appeal for developers and for key redevelopment opportunities within San Antonio and the surrounding area.”

Encore Global Investment Management, LLC was created to provide an EB-5 investment vehicle for qualified foreigners seeking to obtain permanent residency status in the United States. Encore’s legal and finance professionals deliver full-service support for its foreign investors to guide them through the entire immigration process. The company’s industry insiders and in-house experts identify, evaluate and select commercial real estate investment projects that meet USCIS requirements. These projects include: retail, hospitality, office, multi-family, institutional, and industrial building construction.  For more information, visit Encore EB-5 or call (214) 259-7000.

DALLAS, April 25, 2013 /PRNewswire/ — D. Stephen Donosky, CCIM, has been named President of Encore Land, LLC, a subsidiary of Dallas-based Encore Enterprises, Inc. Encore Land focuses on identifying and acquiring strategic land parcels in unique locations for master planning and entitlement of commercial and residential developments. With 34 years of experience in development, brokerage and real estate investments, Mr. Donosky will direct the vision of Encore Land, providing invaluable experience and expertise specializing in mixed-use community development parcels.

“Encore Land is the platform by which Encore Enterprises will leverage its full-service real estate capabilities into the land investment sector,” said Patrick Barber, President and CEO of Encore Enterprises. “We strongly believe this sector will provide predictable, attractive returns and maximize value creation to our investors.”

Mr. Donosky holds a Texas Real Estate Broker License, the CCIM designation, and is active in both the National and North Texas CCIM chapters. In addition, he is a member and actively participates in the Texas Homebuilders Association, the North Texas Commercial Association of Realtors, Metrotex Association of Realtors, Texas Association of Realtors and National Association of Realtors. He received his Bachelors in Business Administration from the University of Mississippi, Masters of Business Administration from Southern Methodist University, and holds a Certified Commercial Investment Manager Professional Designation.

Prior to joining Encore, Mr. Donosky was Principal at Donosky Real Estate Investments where he managed brokerage, investments and land development. He brings Encore Enterprises ample residential lot development experience from previous positions with KD Financial, Inc., Steve Donosky Company, Grubb and Ellis and Henry S. Miller Company.

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 about Encore Enterprises, Inc., visit www.encore.bz, or call (214) 259-7000.

Contact: Amy Upton
Marketing / Communications
Encore Enterprises, Inc.
(T) 214-259-2400
[email protected]
www.encore.bz

(Dallas, TX) February 12, 2013 – Encore Enterprises, Inc., a Dallas-based real estate investment, development and management firm, is pleased to announce that Raymond Garfield, Greg Garfield, and Stephen Moffett have joined Encore as leaders of Encore Garfield Public/Private, LLC. They will direct the firm’s national public/private development and financing activities.

Prior to joining Encore, Ray and Greg Garfield were co-founders of Garfield Corporation and principals of Garfield Traub Development, LLC, a leading developer of public and public/private facilities. Steve Moffett was president of Garfield Traub’s Hospitality Division. All are leaders in the development of essential public/private facilities, having led the development of convention centers, conference centers and headquarters hotels, performing arts centers, courthouses, schools, parking facilities and many other vital public/private buildings. Over the next three years, several public/private conference center hotel developments already awarded to Garfield Traub will be invested in by Encore Enterprises, Inc. and Encore’s capital partners.

Encore Garfield Public/Private, with the collaboration of Encore Enterprises, will bring private equity and debt to cities, counties, states, universities, hospitals and K-12 schools to facilitate the efficient delivery of essential new capital projects. Encore Garfield will deliver these facilities using turnkey, streamlined development and financing methods.

“Our board of directors and management team has searched for the past three years to find a high-level entry for Encore into the public/private sector of the real estate business,” said Patrick Barber, President and CEO of Encore Enterprises. “Having this experienced, respected, and seasoned national team join us provides Encore the opportunity to invest its substantial capital assets in joint ventures with the public sector, and enables the Encore Garfield Public/Private Division the opportunity for unbridled growth.”

Ray Garfield has held senior positions at Salomon Brothers, Merrill Lynch, Vista Properties, and Cushman & Wakefield, completing over $5 billion in real estate financings and developments. Greg Garfield has led and participated in the development or planning of 30 properties and the negotiation and structuring of more than $570 million in debt and equity for creative public/private developments.  Steve Moffett, formerly a financial officer with Trammell Crow Company, has led numerous public/private hotel financings and developments over the past 20 years, and will continue to lead the public/private hospitality initiative for Encore Garfield.

About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a privately owned national real estate company founded in 1999 with offices in Dallas, Texas, Denver, Colorado, and Hong Kong. Encore develops, acquires, and manages hotels, multifamily 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.

(Dallas, Texas) January 24, 2013 –   Encore Enterprises, Inc., a Dallas-based real estate investment, development and management firm, is pleased to announce that Dr. Randall Zisler and Matthew Zisler, the principals of Zisler Capital Associates, LLC, have joined Encore as Senior Managing Director and Managing Director, respectively.  They will direct the firm’s global institutional capital placement activities from the firm’s Denver office.

Prior to joining Encore, Randy and Matthew were co-founders and managing principals of Zisler Capital Associates, an institutional capital raising and financial strategy consulting firm with deep expertise in private and public real estate debt and equity.

In their new roles, Randy and Matthew will work with Encore’s senior principals to raise joint venture equity, separate accounts, and structured finance to grow the firm’s portfolio of hospitality, office, multifamily, and retail properties.  Patrick Barber, President and CEO of Encore Enterprises, Inc., said, “The Zisler team will deepen and expand our institutional capital reach, fuel our considerable pipeline of off-market opportunistic and value added opportunities, and help accelerate Encore’s momentum.”

Randy has held senior positions at Goldman Sachs & Co., Jones Lang LaSalle, Nomura Securities International, and Pension Consulting Alliance.   He is known as a thought leader in real estate finance, capital markets, and portfolio strategy.  He began his real estate career as an assistant professor at Princeton University, where he taught economics, planning, and finance.  At Princeton he earned his undergraduate degree, two of his three master degrees and his Ph.D.

Matthew was a vice president in the structured finance group at Buchanan Street Partners where his responsibilities included the origination, underwriting, and marketing of commercial real estate debt and equity in the western U.S.  He was an associate in the private equity acquisitions group at Heitman in Chicago and a financial analyst in equity derivatives at Goldman Sachs & Co.  Matthew graduated from Boston College where he majored in economics.

About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a privately owned national real estate company founded in 1999 with offices in Dallas, Texas, Denver, Colorado, Hong Kong, and Gulfport, Mississippi.   Encore develops, acquires, and manages hotels, multifamily communities, retail shopping centers, commercial offices, and public-private mixed use developments. For more information about Encore Institutional Capital, LLC, visit www.encore.bz, or call (214) 259-7000.

(Dallas, Texas) January 03, 2013 – Encore 6162, groundbreaking occurred in December 2012, and first units are scheduled for delivery in February 2014, with final project completion slated for June 2014. Encore Multi-Family is a subsidiary of Encore Enterprises, Inc., a full-service commercial real estate acquisition, development and management company focused on the hospitality, retail, office, and multi-family sectors.

Encore 6162 will be a departure from typical Dallas apartment product due to modern architectural elements found in higher-end condominium developments. These will include a porte-cochère and a unique blend of exterior materials which will include metal, wood, stone and brick components. In addition to high-end interior finishes; the development will feature a multi-level, resort-style swimming pool, an extraordinary fitness facility, and impressive community gathering areas. Encore 6162 will be competitively priced for the area with rents projected to range between $900 and $1,500 per month.

Brad Miller, President of Encore Multi-Family, praised the City of Dallas for their cooperation in the rezoning initiative and further stated, “It is a once-in-a-lifetime occurrence to develop apartments within two miles of $2.5 billion in current medical construction projects; the expansion of Parkland Hospital and UT Southwestern is expected to generate 15,000 new jobs over the next two years. That fact combined with the $500 million Love Field expansion has changed the dynamics of the former industrial neighborhood.”

Encore 6162 is the ninth construction start for Encore Multi-Family during the past three years.

Construction financing is being provided by Whitney Bank, New Orleans.

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 multi-family 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.

In Addition to Bringing “Everything You Love About Breakfast”, New Restaurant Brings 85 New Jobs to the Community.

D’Iberville, MS –(November 8, 2012) – International House of Pancakes, ranked No. 1 in family dining for the past five years by Nation’s Restaurant News is now serving “everything you love about breakfast” at its newest location, in D’Iberville, Mississippi. The new restaurant will celebrate with a grand opening on November 9, 2012 and is located at 11475 Cinema Way Drive in the Lakeview Village shopping center.

The new IHOP is open 24 hours a day and features breakfast favorites such as the famous varieties of pancakes and omelets, as well as a wide selection of popular lunch and dinner items. In addition, IHOP continues to add to its “SIMPLE & FIT” menu items of 600 calories or less. IHOP was also the first to feature a “Just for Kids” menu items that are also “SIMPLE and FIT”

”IHOP is proud to be joining Lakeview Village and the D’Iberville community and to extending the unique brand of IHOP hospitality to a new group of customers,” explains John Smolenyak, Southwest region director of IHOP. “In addition to offering our delicious food, we know that Encore Enterprises will do everything they can to help this new IHOP be a positive and involved member of the community.

Dr. Bharat Sangani, chairman of Encore Enterprises and developer of Lakeview Village shopping center echoes those statements, “While we are proud to add another international brand to Lakeview, it’s very much a local business. The new IHOP restaurant will have approximately 85 staff members, with many living in the D’Iberville area. It’s nice that in addition to serving great food, we are making a positive impact on the local economy that so many of us call home.”

About IHOP – For 54 years, IHOP has been the leader and expert in all things breakfast and the #1 leader in family dining. The chain is without competition in its menu offering, serving 65 different signature, made-from-scratch breakfast options as well as a range of healthy, under-600 calorie meals. Beyond offering “everything you love about breakfast,” IHOP also has a wide selection of popular lunch and dinner item as well. IHOP offers its guests an affordable, everyday dining experience with warm and friendly service. As of Sept.30, 2012, there were 1,565 IHOPs in 50 states and the District of Columbia, as well as in Canada, Guatemala, Mexico, Puerto Rico, the United Arab Emirates, and the U.S. Virgin Islands. Under the licensed name IHOP at HOME® consumers can also enjoy a line of premium breakfast products available at leading retailers. IHOP restaurants are franchised and operated by Glendale, Calif.-based International House of Pancakes, LLC and its affiliates. International House of Pancakes, LLC is a wholly-owned subsidiary of DineEquity, Inc. (NYSE: DIN). For more information, please visit us at www.ihop.com.

About Encore Enterprises, Inc. – Encore Enterprises, Inc., is a diversified commercial real estate firm in Dallas, Texas, that is active in the hospitality, retail, multifamily and commercial office space sectors. Since the company’s formation in 1999, Encore Enterprises has completed over $1.23 billion in real estate transactions with a focus on the Southern, Eastern and Midwestern United States. For more information about Encore Enterprises, Inc., visit www.encore.bz.

Dallas, TX (September 14, 2012) – Rick Chess has been named president of Encore Equities, a subsidiary of Dallas-based Encore Enterprises, Inc. With 28 years of securities and commercial real estate experience, Mr. Chess has closed $2 billion in real estate transactions during his career, and raised $270 million in equity for United Dominion Realty, ManEquity, Triple Net and ARCM. As president of Encore Equities, Mr. Chess will manage the placement of equity for all of Encore’s real estate investments and Funds.

Prior to Encore, Mr. Chess was president of American Realty Capital Markets where he oversaw all operations of the managing broker-dealer. Mr. Chess was previously director of 1031 transactions for Triple Net Properties where he raised over $100 million of equity for Reg. D offerings and non-traded REITs. He has also served as real estate manager for Winstar Wireless where Mr. Chess oversaw the negotiation and installation of wireless communications technology inside urban areas, and was an associate with CB/Richard Ellis. Mr. Chess has held positions with United Dominion Realty, ManEquity (Manufacturers Life Insurance), Anderson & Strudwick, the Richmond Chamber of Commerce, the Pennsylvania General Assembly and the Allegheny County Law Department.

Mr. Chess attended the University of Richmond Law School where he received a Juris Doctorate of Law, and he attended the University of Pittsburgh where he earned his Bachelor of Science in Psychology and Economics. Mr. Chess holds the following FINRA securities licenses: 7; 63; and 39.

About Encore Equities, LLC: Encore Equities is a subsidiary of Encore Enterprises, Inc., created with the mission to preserve investor capital while providing attractive risk-adjusted returns. Encore has brought together an inter-disciplinary team that has expertise with multiple capital channels, such as: high net worth individuals, institutional investors, broker-dealers and niche capital channels (e.g., EB-5). For more information about Encore Equities, LLC, visit www.encore.bz, or call (214) 259-7000.

College Station, TX (April 5, 2012) – The Hilton College Station Hotel & Conference Center, located on 801 University Drive East, held a grand re-opening gala for the public on March 28, 2012 to celebrate the completion of $5 million in renovations. At the 1940s themed gala, a jazz band played to nearly 500 guests, some in costume. The hotel also held a raffle and donated all proceeds to the Brazos Valley Food Bank.

Upgrades made to the Hilton College Station include a complete re-work of the hotel’s 303 guest rooms including new flat screen TVs, carpet, drapes and furniture made from dark cherry wood. The corridors, lobby and 27,000 square feet of meeting space has been upgraded with new carpet and millwork for a more contemporary, Texas flair with black, red and orange accents. The landscaping, pool and exterior of the building have been improved and new lighting has been installed in the hotel parking lot.

The lobby was also completely redone including a new front desk, a water feature and upgrades to the hotel’s in-house bar, “The Gallery”. New artwork now lines the lobby and corridors, created by local artist Benjamin Knox, who has a gallery of his own in College Station. The Hilton College Station hotel is decorated with approximately 100 pieces of art from the artist.

“From a guest perspective, it’s practically a brand new hotel,” said Glenn Pedersen, President of Encore Hospitality which owns the Hilton College Station. According to Pedersen, guests have responded positively to the completed renovations so far.

“Being that we’re the only full-service hotel in College Station and a three hour drive from over 80 percent of the state of Texas, we’re excited to have these upgrades available to our guests,” said Barron Hobbs, general manager of the Hilton College Station.

To learn more about the Hilton College Station hotel and available room rates, please visit the Hilton College Station website.

About the Hilton College Station and Conference Center: The Hilton College Station is located less than two miles from Texas A&M University on University Drive. Managed by Sage Hospitality and owned by Encore Hospitality, the hotel has 303 guest rooms and more than 27,000 square feet of meeting space as well as an outdoor pool, fitness center and a 24-hour business center. The Bell Ranch Restaurant within the hotel offers breakfast, lunch and a “Texas” dinner with a side of southern hospitality. To learn more about the Hilton College Station and Conference Center, visit www.collegestation.hilton.com.

About Encore Hospitality
Encore Hospitality, LLC is a subsidiary of Encore Enterprises, Inc., and was founded in 1999 as a fully integrated, hospitality acquisition, development and asset management company focusing on the upper mid-priced, nationally branded select-service and full-service hotel sector. Encore Hospitality acquired Pineapple Management Services, Inc., a nationwide property management company and Sterling Resorts, LLC, a premiere Florida beach vacation rental company further expanding the company’s resources along the way. For more information about Encore Hospitality, LLC, visit www.encore.bz, or call (214) 259-7000.