Company Overview:
Encore Land, LLC generates attractive yields for our investors through land investments by creating value via enhancement of entitlements and/or the construction of land infrastructure for residential lot development and commercial projects. Our core value is holding the interests of our clients as our highest priority.
Asset Types:
- Strategy 1: Lot Development – Acquire tracts for development and sale of residential lots to credit-worthy home builders
- Urban infill sites – “A” locations
- Suburban growth corridors
- 36-month preferred maximum lot sell off from completion of construction
- Strategy 2: Entitlement – Acquire tracts for entitlement to a higher use
- Urban infill sites
- Well-located sites that have outlived their current use, such as class “C” apartments, retail, or industrial buildings that could be re-zoned to more relevant uses for today’s market
- Suburban growth corridors
- 24-months exit plan
- Strategy 3: Multi-Use – Acquire and entitle tracts which can be used for multiple purposes in relation to Encore developments
- Predetermined exit plan, not speculation
- For Hospitality, Retail, Multi-Family, Office, etc
- At the present time, Encore Land, LLC is NOT looking for:
- Speculative investments
- Tracts with major flood, environmental, utility, or other issues
- Golf courses, equestrian centers, or second home-type projects
- MUD, PID, or special utility districts which typically require a long term holding period
- Farm and ranch land
Land Acquisition Location:
United States – Texas, Central, Southeast and Southwest
Investment Level:
Minimum transaction size is $1mm – $10mm
Deal Structure:
Encore Land, LLC is open to various transaction structures including:
- All cash
- Assume existing debt
- Seller financing
- Joint-venture
- Purchase of distressed debt
- Performing notes
- Non-performing notes
Submittal Process:
Encore Land, LLC requires the following information for preliminary analysis of all investment opportunities:
- Purchase price
- Survey, site plan, and plat
- Current zoning and description of the allowed uses, copies of planned development districts, if applicable, and relevant deed restrictions affecting the property
- Property tax statements (last 3 years)
- Aerial
- Property photos
- Trade area map and aerials
- Demographic information
Contact:
Steve Donosky,
President of Encore Land, LLC
214-259-2463
sdonosky@encore.bz