Encore is a research-driven firm. Research is critical in all phases of real estate, which at Encore include value-added acquisitions, development, asset management, recapitalization, and dispositions. Anticipating change in global capital and local property markets through the use of rigorous analytical tools and proprietary databases help us assess relative value, manage and mitigate risk, and determine the price at which we are a buyer or a seller. We subscribe to all the major industry standard research sources, such as CoStar Portfolio Strategy, Axiometrics, Lodging Econometrics, REIS as well as several others. We synthesize those sources with local intelligence through our strong network of broker and industry relationships to develop our market outlook at the MSA, submarket and “cross-street” level.