Category : Press
Dr. Bharat Sangani Named EY Entrepreneur Of The Year®
Dr. Bharat Sangani, Chairman and Chief Executive Officer of Dallas-based Encore Enterprises, Inc., has been named a winner of the Ernst & Young LLP (EY US) Entrepreneur Of The Year® 2026 Southwest Award. The prestigious program recognizes visionary leaders of high-growth companies who are driving innovation, growth and prosperity for future generations.
Dr. Bharat Sangani, Chairman and Chief Executive Officer of Dallas-based Encore Enterprises, Inc., has been named a winner of the Ernst & Young LLP (EY US) Entrepreneur Of The Year® 2026 Southwest Award.
Dr. Sangani, a practicing, board-certified cardiologist, founded Encore Enterprises in 1999, a diversified investment and development firm. Over the past three decades, he has overseen nearly $6 billion in real estate and private equity transactions while leading the company’s expansion across commercial real estate, operating companies and strategic investment partnerships. Encore’s holdings include multifamily and hospitality properties, retail centers, government-leased facilities, healthcare-related ventures, dining concepts, a growing private equity platform, and global bonds. Its broad portfolio reflects a diversified investment approach focused on both growth opportunities and capital preservation.
“Entrepreneurs aren’t trying to capture a piece of something that already exists. They’re asking how to build something worth more tomorrow than it is today,” said Dr. Sangani. “That means developing the discipline to see what others don’t yet see, questioning why things work the way they do, and having the patience to hold a position most people won’t sit with. I’m honored to be recognized alongside this group of builders.”
Now in its 41st year, the Entrepreneur Of The Year program honors business leaders for their ingenuity, courage and entrepreneurial spirit. It celebrates original founders who bootstrapped their business from inception or raised outside capital to grow their company, transformational CEOs who infused innovation into an existing organization to catapult its trajectory and multigenerational family business leaders who reimagined a legacy business model to strengthen it for the future.
Regional winners were chosen by an independent panel of past winners, top CEOs and business leaders. Judges assessed candidates on long-term value creation, entrepreneurial spirit, purpose-driven commitment, and significant growth and impact.
As a regional award winner, Dr. Sangani will now be considered for the Entrepreneur Of The Year National Awards, presented in November at the Strategic Growth Forum®, one of the nation’s most prestigious gatherings of high-growth, market-leading companies. The national overall winner will go on to compete for the EY World Entrepreneur Of The Year™ Award in May 2027.
Entrepreneur Of The Year Award winners become lifetime members of a global, multi-industry community of entrepreneurs with ongoing access to the experience, insight and wisdom of program alumni and other ecosystem members across more than 60 countries.
Encore Restaurants Opens First 7 Brew Stand in Utah
Encore Restaurants Opens First 7 Brew Stand in Utah
Donates $2,000 to Primary Children’s Hospital
PROVO, UT – October 17, 2024
– Encore Restaurants (Encore), a 7 Brew franchisee, held a ribbon-cutting ceremony today, celebrating the 7 Brew brand’s first Utah location at 2342 North University Pkwy. 7 Brew Provo, the drive-thru beverage concept offers over 20,000 unique drink combinations revolutionizing the service industry. As a dedicated community advocate, Encore made a $2,000 donation to Primary Children’s Hospital, a member of the Children’s Miracle Network.As part of its growing presence in Utah, Encore also announced an opening in Millcreek this year and in Riverton early next year.
“We are thrilled to bring the first 7 Brew to the state of Utah and spread the brand’s mission of cultivating kindness and joy with every drink,” said Aaron Hall, director of operations for Encore Restaurants. “This celebration in Provo is extra special because it kick off our plans to open 11 locations in Utah by the end of next year.”
In July, 7 Brew announced an ongoing partnership with Children’s Miracle Network Hospitals to celebrate the first official 7 Brew Day. To build on the partnership, Encore selected Primary Children’s Hospital as a charitable partner to celebrate the opening.
Primary Children’s Hospital members attended the ribbon-cutting to receive Encore’s donation and share about the hospital’s mission of providing personalized, evidence-based medical care.
7 Brew Provo’s next step will be to host a Swag Day on Friday, Oct. 18, from 5:30 a.m. to 11 p.m., where customers who purchase a large drink will get a free 7 Brew t-shirt.
More than your standard beverage stand, 7 Brew offers over 20,000 unique drink combinations. From the 7 Fizz, a sparkling water infused with flavor and cream, to the 7 Original coffee drinks, 7 Energy, smoothies, shakes and teas, there is something for everyone at 7 Brew. The brand boasts more than 250 stands across the country.
The 7 Brew stand will add 50 jobs to the Provo area. Those interested in joining the 7 Brew Provo team should apply at encore.7brewcareers.com.
About 7 Brew 7 Brew is a rapidly growing drink brand that is revolutionizing how customers experience drive-thru service and think about their daily beverage treat. 7 Brew serves espresso-based coffee, chillers, teas, 7 Energy, sodas and more, all with an extra boost of kindness from their team. The dream of 7 Brew came alive with the first “stand” in Rogers, Ark., and its seven original drinks. Now, 7 Brew boasts more than 250 stands across the country. For more information, visit www.7brew.com and follow 7 Brew on Instagram (@7brewcoffee), TikTok (@7brewcoffee), Facebook (facebook.com/7brewcoffee) and Twitter (@7BrewCoffee).
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
Encore Enterprises Raises $72 Million USD in Global Funding
Encore Opportunities, Ltd. public bond issuance on TASE now totals NIS 455 million raised-to-date
DALLAS – July 8, 2024 – Encore Enterprises, Inc. (Encore) today announced it raised an oversubscribed $72 million within 60 days on the Tel Aviv Stock Exchange (TASE) on issued debentures worth NIS 265 million backed by Encore Enterprises subsidiaries. To date, Encore has raised NIS 455 million through Encore Opportunities, Ltd. (EOL) which currently comprises 50 holdings, including dental practices and free-standing emergency rooms that were contributed in the form of corporate bonds. The funds raised will be used to pay off existing loans totaling about $63 million, and any remaining funds will be utilized to acquire new dental practices and run the current operations. With the existing loans paid down, the bonds will be considered the senior lender.
Introduced in January 2022, EOL was established to collateralize Encore’s operating companies to grow ownership stake while providing consistent cash flow to investors. It is one of the first U.S. operating companies offered on the TASE and has remained oversubscribed. EOL follows the success of Encore Properties, Ltd. (EPL), also offered on the TASE, which was established in 2017 to collateralize debt from Encore’s real estate holdings and today stands at NIS 918 million in total funds raised.
“Collateralizing our operating companies provides us with the necessary cashflow to grow the portfolio and enables us to have longer holds while also satisfying the needs of investors,” said Bharat Sangani, M.D., Encore Enterprises chairman and CEO. “Long-term holds also safeguard against market contractions as we’ve witnessed with our successful real estate-backed bonds.”
Encore’s dental subsidiary aims to improve the business of dentistry and access to dentistry by providing the highest value non-clinical dental services to dental practices nationally, with management services that let dentists focus on being the best clinician, maximizing their wealth creation for retirement. It currently operates 37 practices across 13 states, with affiliate practices showing an average of 52% growth in EBIDA after the first year of affiliation. Management services include operations management; revenue cycle management; clinical support; procurement; human resources management; accounting and finance; sales and marketing; legal, regulatory and risk management; and IT and systems support.
About Encore Enterprises, Inc.
Founded in 1999, Encore Enterprises, Inc. (Encore) is a vertically integrated, diversified investment firm based in Dallas. Since inception, Encore has completed over 150 commercial real estate transactions valued at $3.7 billion, with $1.6 billion current AUM across 32 states. Focusing on opportunistic and value-add strategies in non-gateway markets throughout the U.S., Encore develops, acquires and manages mixed-use retail centers, multifamily apartment developments, limited and full-service hotels, commercial office buildings and Veterans’ administration medical office centers. Encore also acquires operating companies in the medical, dental and restaurant industries as part of its sustainable investment model. Encore boasts one of the best 20-year track records in the industry, underscoring the firm’s focus on operational stability, prioritization of capital preservation and strength across market cycles. Encore investment offerings are available through Ignite Investments, a wholly-owned subsidiary and the exclusive capital-raising partner for Encore Enterprises. To learn more, visit https://encorebz.wp.brainvire.dev.
Encore’s Nili Sangani Named Globe St.’s CRE Woman of Influence
Encore’s Nili Sangani Named Globe St.’s CRE Woman of Influence
Dallas, TX – April 16, 2024 – Congratulations to our very own, Nili Sangani, on being named a GlobeSt. CRE Woman of Influence Diversity Champion. Each year, GlobeSt. recognizes a distinguished group of female professionals within the CRE industry for their outstanding achievements and commitment to elevating the industry to new levels of success. These exceptional individuals will be honored at the annual Women of Influence Conference in Lake Tahoe in July.
Encore Hospitality Ranked #68 Top Management Company in the US
Encore Hospitality Ranked #68 Top Management Company in the US
Dallas, TX – March 7, 2024 – Hotel Business Magazine released its 2023 Green Book rankings of Top Hotel Management Companies in the U.S. with Encore Hospitality clocking in at 68th in the country with $84 million in gross annual revenue across 16 properties and 2,263 keys in 2022. Today, Encore Hospitality has grown to $371 million in assets under management across 17 hotels with 2,349 keys across Alabama, Mississippi, Florida, Georgia, Texas, Louisiana, Virginia, Massachusetts, Indiana, Kansas and Colorado.
Founded in 1999, Encore Hospitality, LLC is a fully-integrated, hospitality acquisition, development and asset management company focusing on the upper mid-priced, nationally branded, select-service and full-service hotel sectors and a wholly-owned subsidiary of Dallas-based Encore Enterprises, Inc. For more information visit encorebz.wp.brainvire.dev.
View ReportEncore Enterprises Welcomes Blackstone into the 7 Brew Family
Encore Enterprises Welcomes Blackstone into the 7 Brew Family
Dallas, TX – Encore is excited to announce that Blackstone is joining the 7 Brew Family. Encore is leading an expansion of 7 Brew drive-through coffee stands across Arizona and Utah and looks forward to watching Blackstone further amplify the brand across America. Click the button below to read Blackstone’s official announcement.
Encore Enterprises Closes $108.3 Million in Q42023 Multifamily Sales
Sale of Encore Rise in Conroe, Texas and Encore Metro at Millenia in Orlando, Fla. tops $1.2 billion in total realized transactions for Encore Multifamily
DALLAS – Feb. 7, 2024 – Dallas-based developer Encore Enterprises’ multifamily subsidiary closed out a strong Q42023 with $108.3 million in sales for two properties, Encore Rise, a 241,909 square-foot, 256-unit Class A garden style apartment community set on 12.82 acres in Conroe, Texas and Encore Metro at Millenia, a 245,378 square-foot, 215-unit, three-story Class A apartment community in Orlando, Fla. These transactions push Encore Multifamily past $1.2 billion in realized sales since its inception in 2008.
“Despite decreased deal activity across the Multifamily sector, the successful sales of Encore Rise and Encore Metro at Millenia underscore the enduring appeal of meticulously developed properties in premium locations,” said Charlie Keels, president of Encore Multifamily. “Our elite team employs a disciplined, research-driven approach to vetting each potential development before committing capital, ensuring that our properties are resilient and well positioned to thrive across market cycles.”
Encore Rise
Situated 40 miles north of Houston in Conroe, Texas, Encore Rise was completed in 2022, and is located at 800 N Farm to Market 3083 W. The apartment community was 95% leased at sale and features four three-story residential buildings with one, two and three-bedroom units ranging from 619-1,323 square feet. The well-appointed residences feature contemporary interiors, wood-style plank flooring, gourmet kitchens with granite countertops and stainless steel appliances, full-sized washer and dryers and faux wood blinds. Onsite amenities include a clubhouse, fitness center, business center, resort-style pool, dog park and a variety of walking paths. Conroe is the fastest-growing city in Texas and is bordered by 22,000-acre Lake Conroe, Sam Houston National Forest and Goodrich Jones State Forest. Beyond being an outdoor utopia, Conroe was designated a “Music Friendly Community” by the State of Texas and has a vibrant downtown with shopping, theaters and breweries.
Encore Metro at Millenia
Completed in 2022 and located at 2437 Americana Blvd., in Orlando’s thriving Park Central area five miles outside downtown, Encore Metro at Millenia was 97% leased at sale. The three-story naturesque property comprises well-appointed studios, one-bedroom and two-bedroom units, ranging from 613-1,177 square feet. The modern residences feature premium stainless steel appliances, wood-style flooring and screened-in porches. Property amenities include a clubhouse, business hub, cyber cafe, pool, barbeque area and access to nearby jogging trails. A 10-mile drive from Orlando International Airport, the property is within walking distance to three shopping centers and is within six miles of five parks, Clear Lake Park, Cypress Grove Park, Lorna Doone Park, Delaney Park and Fort Gatlin Recreation Complex. Three Valencia Community College campuses and Everest University also are within a 10-mile commute.
About Encore Enterprises, Inc.
Founded in 1999, Encore Enterprises, Inc. (Encore) is a vertically integrated, diversified investment firm based in Dallas. Since inception, Encore has completed over 150 commercial real estate transactions valued at $3.7 billion, with $1.6 billion current AUM across 32 states. Focusing on opportunistic and value-add strategies in non-gateway markets throughout the U.S., Encore develops, acquires and manages mixed-use retail centers, multifamily apartment developments, limited and full-service hotels, commercial office buildings and Veterans’ administration medical office centers. Encore also acquires operating companies in the medical, dental and restaurant industries as part of its sustainable investment model. Encore boasts one of the best 20-year track records in the industry, underscoring the firm’s focus on operational stability, prioritization of capital preservation and strength across market cycles. Encore investment offerings are available through Ignite Investments, a wholly-owned subsidiary and the exclusive capital-raising partner for Encore Enterprises. To learn more, visit https://encorebz.wp.brainvire.dev.
About Encore Multifamily
Established in 2008, Encore Multi-Family, LLC (Encore Multifamily), a wholly-owned subsidiary of Encore Enterprises, Inc., is a fullscale multifamily developer focused on both ground-up developments and value-add acquisitions in mixed-use and urban infill communities. Since its inception, Encore Multifamily has transacted on 49 deals representing approximately $2 billion in assets. Its dedicated team of sector experts has overseen the acquisition, repositioning and development of more than 10,000 multifamily units.
Encore Enterprises with AmCap Acquires Liberty Square
Encore Enterprises with AmCap Acquires Liberty Square
(Chicago, IL) October 24, 2022 –
AmCap, in a joint venture with Encore Enterprises, has acquired Liberty Square, a 107,431-square-foot, grocery-anchored retail center in the Wauconda suburb of Chicago.
According to Lake County public records, the buyer paid $18.7 million for the property, financing the purchase with an $11.5 million loan from American United Life Insurance Co., due to mature in 2028. The seller was Broad Reach Retail Partners, which had acquired the asset in 2018 for $14.1 million, CommercialEdge data shows.
Read MoreEncore Enterprises Features First Section of Panther Island Riverwalk
(Fort Worth, TX) February 03, 2022 – Encore Panther Island is opening as the first multifamily development on Panther Island. The community comes from Encore Multi-Family LLC, a subsidiary of Dallas-based Encore Enterprises Inc.
“We are excited to develop the first multifamily community on Panther Island,” said Charlie Keels, president of Encore Multi-Family. “Our five-story urban development with luxurious amenities, beautiful canal splitting the property and garage parking will be a one-of-a-kind apartment community that residents will want to live at and be a part of.”
In conjunction with the Encore Panther Island opening, the public has access to the first completed section of Panther Island’s signature canal. The 225-foot-long segment provides the public with a pedestrian-friendly setting reminiscent of the San Antonio Riverwalk and replaces the costly curb-and-gutter underground system typically built by cities for stormwater.
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