Encore Enterprises launches multifamily real estate fund

Encore Enterprises, Inc., has launched a new real estate fund that will target the U.S. multifamily sector, according to a filing with the SEC. The firm did not comment on its fundraising efforts.

Encore Enterprises is a diversified, vertically integrated real estate investment company based in Dallas. It launched its Multi-Family Group in 2008, according to its website. Its core focus is to invest in class A ground-up developments in high barrier to entry and/or supply constrained markets with garden-style or garage-wrap construction. It also targets millennial renters.

The new fund, Encore Multi-Family Fund I, is seeking to raise $80 million, according to the filing.

In addition to multifamily, Encore also manages a hospitality fund series, which includes Encore Hospitality Fund and