“The value that CrowdStreet provides extends far beyond simply raising capital”

Bharat H. Sangani M.DChairman Encore Enterprises

"With CrowdStreet we've grown our investor base, launched a feature rich Encore-branded online investor portal, and transformed our internal investment processes in ways that make our business both more efficient and more rewarding to our investors."

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.

The Encore relationship commenced in early 2015 around discussion on fundraising on the CrowdStreet Marketplace. Encore is an early adopter to real estate crowdfunding and they contacted us to learn more about our fundraising capabilities. After a few months of relationship building, CrowdStreet launched the Encore GP Acquisition Fund on the Marketplace in Q3 2015 followed by the Harrisonburg Doubletree Hotel in Q4 2015. Both Marketplace offerings were successful, achieving 100% of their target fundraise, and our relationship was solidified.

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.

100% of Fundraising Target + Powerful New Investor Management Solution

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.