Encore Enterprises, Inc. is a diversified commercial real estate investment firm in Dallas, Texas that has a unique blend of expertise, innovation, and efficiency in acquisition, investment, asset management, property management, leasing and development. Since the company’s formation in 1999, they have completed over $1.6 billion of acquisition and development, with a focus on the Southern, Eastern, and Midwestern United States.
In addition to fundraising, Encore was seeking a more efficient way to communicate with their existing investor base for their 18 property portfolio. Encore was seeking a way to ease the burden of managing a rapidly growing accredited investor base and improve communications, mass email announcements, and K-1 distributions.
They evaluated several investor management software solutions and selected CrowdStreet's Sponsor Direct as the optimal solution to meet their needs in Q4 2015. Their CrowdStreet investment platform was launched in Q1 2016 to highly positive reviews from both Encore’s investors and management.
Encore Enterprises exceeded their goal on the Harrisonburg DoubleTree offering, raising 100% of their fundraising target through the CrowdStreet Marketplace. They also benefited from 24/7 acccess to investor documents and investor CRM functionality through their CrowdStreet Sponsor Direct investor management platform.