Julian Wells Named Vice President of Encore Equities, LLC

Jan 06, 2010, 10:00 ET from Encore Enterprises, Inc.

DALLAS, Jan. 6 /PRNewswire/ -- Julian Wells has been named vice president of Encore Equities, LLC, a subsidiary of Dallas-based Encore Enterprises, Inc. With experience in real estate acquisitions, asset management and diverse investment strategies, Wells will cultivate Encore's investor network and identify projects that meet the company's investment criteria.

As vice president, Wells joins Encore Equities to raise funds for limited partnerships and the Encore Opportunity Fund II, which is being formed as a real estate investment vehicle to co-invest with Encore Enterprises, Inc. and its subsidiaries. As Encore's third fund, the Encore Opportunity Fund II has a $150 million target with a "green shoe" option up to $250 million.

Wells joins Encore Equities from Valquest Equity Partners as a partner in Real Estate Private Equity where he was a point of contact for structuring transactions, acquisitions and dispositions, asset management, investor communications, and implementing investment strategies in mid-sized transactions. Wells is an expert in applying diverse investment strategies in multi-family, retail, office, and industrial to take advantage of varying investment cycles.

Prior to joining Valquest Equity partners, Wells served as vice president for The Wyndam Group from 1998 to 2001. During his time at Wyndam, Wells represented life insurance companies, private clients and institutional clients for property types in the multi-family, office, retail, self storage, land, medical office and industrial sectors.

Wells is a graduate of the Southern Methodist University with a Bachelor's Degree in Economics with Calculus.

About Encore Enterprises, Inc.

Encore Enterprises, Inc. is a diversified commercial real estate firm with a unique blend of expertise, innovation and efficiency in acquisition, investment, asset management, property management, leasing and development. Founded in 1999, Encore acquires, develops and re-develops mixed use complexes, limited and full service hotels, multi-family projects, retail projects, and manages hotel and luxury vacation condominium resort properties and homeowner associations. Since its inception, Encore has completed over $1 billion of acquisition and development, with a focus on the southern, eastern and midwestern United States. For more information, please visit www.encore.bz.

SOURCE Encore Enterprises, Inc.