Pat Barber and Mark Cypert were the speakers at the REFEA lunch on November 14th at the Royal Oaks Country Club. Their presentation included the history of Encore, and the current economic indicators and real estate cycles.
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Encore Global Announces Seventh Regional Center in Louisiana
(Dallas, Texas) November 7, 2013 – Encore Global Investment Management, LLC (Encore Global), a division of the Dallas-based Encore Enterprises, Inc., plans to develop and/or finance multiple real estate projects in the state of Louisiana as part of its nationwide EB-5 Regional Center network. This is the seventh regional center in a nationwide network of EB-5 regional centers owned and operated by Encore Global.
The EB-5 Employment-Creation Immigrant Visa Category was created by the United States Citizenship and Immigration Service (USCIS) to provide accredited foreign individuals with an opportunity to achieve conditional and permanent resident status by investing lawfully acquired funds in a Regional Center project approved by the USCIS. To qualify, each investor must directly or indirectly, through the regional center, create ten full-time jobs in the United States. In exchange for this investment, the investor may be able to obtain an EB-5 Visa, providing permanent residency status for the investor, his or her spouse, and unmarried children under 21 years of age.
The Encore Louisiana Regional Center has been organized to attract foreign capital through the EB-5 program, with the intention of developing multiple new commercial enterprises and job-creating entities located throughout Louisiana. Encore Global will develop and/or fund commercial real estate projects in thirty parishes, including Orleans, Calcasieu, East and West Baton Rouge, Lafayette, and St. Tammany Parishes.
“Projects funded through the Louisiana EB-5 Regional Center will greatly benefit the surrounding communities’ economy,” said Bharat Sangani, Chairman of Encore Enterprises. “The funds will go towards the construction of facilities encompassing a variety of industries including hospitality and retail, in order to promote regional economic growth and increase employment in each community.”
About Encore Global Investment Management, LLC
Encore Global Investment Management, LLC was created to provide an EB-5 investment vehicle for accredited foreign nationals seeking to obtain permanent residency status in the United States. Encore Global owns and operates seven USCIS approved Regional Centers across the U.S., and focuses on developing and/or funding commercial real estate projects related to retail, hospitality, multi-family, office, healthcare, and entertainment/recreational facilities. Visit Encore EB5 or call (214) 259-7021 for more information.
Disclaimer: Not every investment is safe, not every investment in a regional center will ultimately result in green card status, and not every investment will produce a profit.
View it Now: October Encore Wealth Presentation Featuring Dennis McCuistion
Encore Global Continues Growth with New Mississippi Regional Center
(Dallas, Texas) Oct. 17, 2013 | PRNewswire – Encore Global Investment Management, LLC (Encore Global), a division of the Dallas-based Encore Enterprises, Inc., plans to develop and/or finance multiple real estate projects in the state of Mississippi as part of its nationwide EB-5 Regional Center network.
The EB-5 Employment-Creation Immigrant Visa Category was created by the United States Citizenship and Immigration Service (USCIS) in 1990 to provide accredited foreign individuals with an opportunity to achieve conditional and permanent resident status by investing lawfully acquired funds (at least $500,000 within a rural area or one of high unemployment, or $1 million anywhere else) in a regional center approved by USCIS. To qualify, each investor must directly or indirectly, through the regional center, create ten full-time jobs in the United States. In exchange for this investment, the investor may be able to obtain an EB-5 Visa, providing permanent residency status for the investor, his or her spouse, and unmarried children under 21 years of age.
The Encore Mississippi Regional Center has been organized to attract foreign capital through the EB-5 program, with the intention of developing multiple new commercial enterprises and job-creating entities located throughout Mississippi. Encore Global will develop and/or fund commercial real estate projects in fourteen Mississippi counties, including the gulf coast area (4 counties), the Hattiesburg area (5 counties), and the Jackson area (5 counties).
“Our EB-5 program provides a low cost-of-capital funding alternative to a wide variety of commercial real estate projects,” said Bharat Sangani, Chairman of Encore Enterprises. “Our EB-5 funding can be in the form of debt or equity. Developers have discovered that this is a very cost effective way to raise capital for real estate projects that create jobs.”
About Encore Global Investment Management, LLC
Encore Global Investment Management, LLC was created to provide an EB-5 investment vehicle for accredited foreign nationals seeking to obtain permanent residency status in the United States. Encore Global owns and operates six USCIS approved Regional Centers across the U.S., and focuses on developing and/or funding commercial real estate projects related to retail, hospitality, multi-family, office, healthcare, and entertainment and recreational facilities. Visit Encore EB5 or call (214) 259-7021 for more information.
Disclaimer: Not every investment is safe, not every investment in a regional center will ultimately result in green card status, and not every investment will produce a profit.
Contact: Amy Upton
Marketing
Encore Enterprises, Inc.
(T) 214-259-2400
aupton@encore.bz
encorebz.wp.brainvire.dev
Mark Stevenson Announced as Vice President of Technology at Encore Enterprises
DALLAS, Oct. 17, 2013 /PRNewswire/ — Mark Stevenson has been named Vice President of Technology at Encore Enterprises, Inc. With over 15 years of experience in information technology, Mr. Stevenson will oversee the operational efficiency and business procedures of all Encore entities.
“We are confident that with Mark, Encore will continue to be the role model for enterprise applications deployment and automation in the real estate industry,” said Mahesh Shetty, CFO and COO of Encore Enterprises. “Mark brings enormous knowledge and experience to the organization and we look forward to his involvement as we prepare for accelerated growth.”
Prior to joining Encore, Mr. Stevenson served as the Director of IT for LeadsOnline, where he was responsible for all aspects of IT integration and implementation. Prior to LeadsOnline, Mr. Stevenson served as the Manager for International IT projects for Telmar Network Technology. There he led the design, project management and implementation efforts of many large-scale domestic and international IT projects.
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, multi-family communities, retail shopping centers, commercial offices, and public-private mixed use developments. For more information, visit www.Encore.bz, or call (214) 259-7000.
Contact: Amy Upton
Marketing / Communications
Encore Enterprises, Inc.
(T) 214-259-2400
aupton@encore.bz
encorebz.wp.brainvire.dev
Courtyard Marriott Mobile/Daphne, Eastern Shore Ranks Among the Top 10% Worldwide in Guest Satisfaction
Courtyard Marriott hotel in Spanish Fort Alabama receives the prestigious Expedia Insiders Select 2013 Award, TripAdvisor’s 2013 Certificate of Excellence, and Marriott’s Gold Award.
(Spanish Fort, AL) October 14, 2013 | PRWEB – The Courtyard Marriott Mobile/Daphne Eastern Shore hotel which is owned and managed by Encore Enterprises, has received three traveler satisfaction based awards ranking the hotel among the top 10% worldwide for consistently delivering top-notch service, exceptional guest experience, and outstanding value.
As one of only 650 selected winners worldwide for Expedia Insiders Select 2013 award, the Courtyard Marriott Mobile/Daphne, Eastern Shore was recognized as one the top hotels in the Expedia global marketplace of over 150,000 hotels and resorts.
The prestigious TripAdvisor Certificate of Excellence is awarded to the top performing businesses listed on their website that consistently achieve outstanding traveler reviews. Only the top 10% of hotels worldwide receive this accolade based on more than 100 million guest reviews covering over 2.5 million accommodations, restaurants, and attractions.
The hotel was also presented Marriott’s Gold Award this year for ranking in the top 10% of the Courtyard brand worldwide based on overall guest satisfaction in 2012.
With a focus on providing a refreshing travel experience, the Courtyard Marriott Mobile/Daphne, Eastern Shore offers exceptional hospitality and a convenient location to meet the needs of business and leisure travelers alike. The hotel is minutes away from top area travel destinations including the USS Alabama Battleship, Downtown Mobile, Fairhope, and the future GulfQuest Maritime Museum slated to open early 2014. Brookley Aeroplex is also just 15 minutes away which is home to the new Airbus Assembly line.
Designed with high-tech amenities for savvy travelers, the hotel features complimentary high-speed wireless internet access, a boarding pass print station, cell phone charging stations, and a touch screen Go Board with flight, weather, news, maps and local information. Flexible indoor and outdoor spaces create an inviting atmosphere for working or relaxing. On-site dining is also available at the Bistro which offers breakfast and dinner, a Starbucks café and evening lounge.
Visit Courtyard Marriott Mobile/Daphne, Eastern Shore for more information.
Courtyard Marriott Mobile/Daphne, Eastern Shore
13000 Cypress Way, Spanish Fort, AL 36527
Hotel Phone: 251-370-1161
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 encore.bz or call (214) 259-7000.
Marriott International, Inc. (NYSE: MAR) is a leading lodging company based in Bethesda, Maryland, USA, with more than 3,800 properties in 72 countries and territories and reported revenues of nearly $12 billion in fiscal year 2012. The company operates and franchises hotels and licenses vacation ownership resorts under 18 brands, including Marriott Hotels, The Ritz-Carlton, JW Marriott, Bulgari, EDITION, Renaissance, Gaylord Hotels, Autograph Collection, AC Hotels by Marriott, Courtyard, Fairfield Inn & Suites, SpringHill Suites, Residence Inn, TownePlace Suites, Marriott Executive Apartments, Marriott Vacation Club, Grand Residences by Marriott and The Ritz-Carlton Destination Club. There are approximately 325,000 employees at headquarters, managed and franchised properties. Marriott is consistently recognized as a top employer and for its superior business operations, which it conducts based on five core values: put people first, pursue excellence, embrace change, act with integrity, and serve our world. For more information or reservations, visit online at marriott.com, and for the latest company news, visit marriottnewscenter.com.
Encore Enterprises Attends AAPI’s Childhood Obesity Awareness Campaign in Huntsville
Encore team with Alabama AAPI President Dr. Amit Chakrabarty in Huntsville in support of their Childhood Obesity Awareness Campaign and academic scholarships.
Volunteers from Encore Enterprises Participate in 12th Annual Freedom Day
On September 11, sixteen employees from Encore Enterprises spent the day volunteering at Freedom Day 2013, Entrepreneurs for North Texas’ annual community service event honoring the lives changed on 9/11/01. Encore volunteers spent the day among member companies participating in various campus beautification projects at William H. Atwell Middle School/Law Academy in Southern Dallas.
“I cannot think of a better way to honor the lives lost on 9/11 than by celebrating our freedom to give back to our community,” said Sharla Hibberd, Investor Relations Administrator. “It was a privilege to participate in EFNT’s Freedom Day as part of our extremely hard-working team, and I look forward to joining the fun again next year.”
Volunteers from varying companies spent the day painting hallways, designing murals, and remodeling lounge areas at the middle school in preparation for the big reveal to the 950 students who attend the school.
“Our project was to go in and finish walls that had been primed earlier in the week. The walls were already taped off for the most part and we went in and painted the off-white all over the walls and then added the red and light blue stripes, which are the school’s colors,” said Lindsey Knodle, Executive Assistant for Encore Multi-Family. “Everyone had a great time, it was really neat being able to see our project from start to finish and to see how much we brightened up and livened the hallways of that school.”
With a contagious spirit of giving and paintbrushes at hand, many of the other Encore volunteers echoed similar sentiments. “We should all take a little time to volunteer and contribute to our community as we did at Atwell. It was a great experience and we would absolutely do it again. I found it kind of fun to see my work colleagues out of their normal element and enjoyed talking to them while completing our painting,” said Marshall Hess, Senior Managing Director of Encore Wealth Management.
Encore’s very own Sejal Desai, Vice President of Community Development, ensured that the event went on without a hitch, serving as coordinator for the Encore volunteer efforts. “Encore is proud to be a member of Entrepreneurs For North Texas and to participate in Freedom Day alongside almost 600 volunteers from 60 companies. It was a wonderful opportunity for our employees to give back to the community and also enjoy a day of team building,” said Desai.
After spending the day volunteering, Encore employees were motivated more than ever to continue paying it forward and dedicating their time to those less fortunate. Director of Encore Wealth Management Brenda Gordon said, “Freedom Day was a gratifying good-deed day to bond with colleagues and to be part of a community service to remember and respect the magnitude of the nation’s tragic loss on September 11. Count me in for next year!”
The event, which boasted nearly 600 volunteers from across Dallas-Ft. Worth, concluded with an awards ceremony where members of Entrepreneurs For North Texas were recognized for their hard work and dedication throughout the year. Entrepreneurs For North Texas estimates the value of the project to be worth $150,000 between donated time, money and elbow grease. After the success that was Freedom Day 2013, Encore Enterprises has every intention to continue participating in the annual event. Visit online for more information about Freedom Day and Entrepreneurs of North Texas.
Encore Enterprises Sets Up Charitable Fund at Communities Foundation of Texas
Communities Foundation of Texas Encore Enterprises has set up a charitable fund at the Communities Foundation of Texas (CFT), one of the largest philanthropic organizations providing grants and scholarships in the Dallas-Ft. Worth CFTMetroplex. CFT stimulates creative solutions to key challenges in our community by thoughtfully and effectively supporting diverse donors and grantees. CFT stewards $775 million in assets across nearly 900 charitable funds. Encore has set up a donor advised fund at CFT and will support various community efforts through this partnership with CFT in coming years. Encore is also a member of the Entrepreneurs For North Texas, a program of CFT, and Encore employees will participate in EFNT’s 12th annual Freedom Day on September 11th, 2013 with close to 40-50 other EFNT Member Companies. Freedom Day is a day of community service that honors the lives lost on September 11th, 2001.
Encore Enterprises, Inc. Promotes Randall Zisler, PH.D. to Chief Investment Officer
August 13th, 2013 – Encore Enterprises, Inc., a Dallas-based vertically integrated national real estate operating, development, and investment firm, is pleased to announce that the firm has promoted Dr. Randall Zisler to the position of Chief Investment Officer. His duties shall include reviewing all acquisitions and dispositions, leading the firm’s global capital raising effort, developing new financial products and strategies, and directing capital markets research.
Randy was Executive Director and Director of Real Estate Research at Goldman Sachs & Co., where he established Wall Street’s first real estate research group. He was Managing Director in the CMBS Group at Nomura and Co-Head of Investment Banking at Jones Lang LaSalle. Prior to joining Encore, Randy was Managing Partner and Co-Founder (with Matthew Zisler) of Zisler Capital Associates, a global capital raising and financial consulting firm with deep expertise in private and public real estate debt and equity.
He was assistant professor at Princeton University where he taught economics and finance. At Princeton he earned his undergraduate, two of his master, and Ph.D. degrees. Randy holds three master degrees in civil engineering, architecture, and urban planning, respectively.
Encore Enterprises, Inc. is a privately owned national real estate investment company founded in 1999 with offices in Dallas and Denver. Encore, which specializes in value-added and opportunistic investing, develops, acquires, and manages mixed-use complexes, limited and full-service hotels, multifamily apartment home communities, retail shopping centers, commercial office buildings, and public-private mixed use developments in partnership with local governments. Since its founding the firm has acquired and developed over $1.5 billion of assets.