Houston · Private Equity & Real Estate
Encore Capital
We acquire, develop, and hold exceptional real estate—building enduring value across the nation.
Real estate, built and held with precision.
Who we are
We grew up in this business.
Encore began the way a lot of good things in Houston begin: close to the ground, with a couple of stores and a belief that steady, honest assets compound into something real. We have spent three decades learning these neighborhoods street by street.
That familiarity is our edge. We can see value where others see a tired building or a quiet corner, and we have the in-house teams to fix, run, and hold it. We are not chasing the next quarter. We are building for the next generation.
— The Encore Capital team
Founded in Houston
Building since 1990
What we do
Two disciplines, one integrated approach.
We create value across the full real estate lifecycle, from ground-up development to the acquisition and repositioning of income-producing assets.
Real Estate Development
We develop residential, commercial, and mixed-use projects from the ground up, controlling design, construction, and delivery through our in-house teams to build quality assets at disciplined cost.
- Ground-up residential & multifamily
- Convenience & retail development
- In-house construction management
Strategic Acquisitions
We acquire undervalued and income-producing properties, applying operational expertise and active management to reposition assets and unlock long-term appreciation and cash flow.
- Value-add & repositioning
- Income-producing retail & land
- Active asset management
What we believe
The principles we won't trade away.
Patience pays
We buy to hold. The best returns we have ever earned came from assets we were willing to own through a full cycle, not flip in a hurry.
Know the ground
We invest where we have walked the lot, met the tenants, and understand the corner. Local knowledge is not a soft advantage; it is the whole game.
Do the work ourselves
Construction, management, and equity all live under our roof. When we own the work, we control the quality, the cost, and the timeline.
Grow the place too
A strong asset and a strong community feed each other. We invest with that in mind, because the neighborhoods we build in are our home.
What we own
Four kinds of ground, one way of working.
From corner stores to acreage, every asset earns its place by paying its way and appreciating over time.
Residential
Homes & rehabs
Commercial
Mixed-use & retail
Land
Acreage & future sites
The people
Operators first, investors second.
Most of us came up running the assets we now invest in. That is why we trust our own underwriting, and why founders trust us with theirs. Over a century of building, between us.
- Owner and founder of Pitstop Express.
- Five years building a Texas convenience-store portfolio
- Primary focus: Houston and Dallas markets
- Expanding into multifamily and retail development
Mansoor Dhanani is an active real estate investor and the owner and founder of Pitstop Express. Over the past five years he has steadily built a diverse and strategically located convenience store portfolio across Texas, with a primary focus on the Houston and Dallas markets, acquiring, developing, and operating high-performing c-stores that serve growing communities and capitalize on high-traffic locations.
Alongside those ventures he has developed multiple business portfolios across a variety of industries, demonstrating his versatility as an entrepreneur and his ability to identify strong investment opportunities. His experience spans day-to-day operations, financial management, and coordinating partnerships with other investors. That hands-on approach has given him a deep understanding of both the operational and investment sides of retail and real estate.
His background is rooted in years of managing store operations, evaluating market opportunities, and trading real estate throughout Texas, strengthening his expertise in acquisitions, asset management, and building long-term value through property-based investments.
Looking forward, Mansoor plans to continue expanding the Pitstop Express portfolio while diversifying into multifamily housing, retail developments, and other real estate sectors with strong growth potential, building a resilient, scalable, and well-balanced investment platform across Texas and beyond.
- Founded Pitstop Express in 2020
- 30 gas station convenience stores across Houston
- Four high-volume locations in Jonesboro, Arkansas
- Operates a top-10 performing Checkers in the U.S.
- Roughly 3M gallons and $3M in grocery sales monthly
Nooruddin Punjani is an entrepreneur with a multifaceted career spanning the real estate, fuel retail, and restaurant industries. Originally from India, he moved to the United States in 1986 at the age of 18, driven by ambition and a passion for business.
Before founding Pitstop Express, Nooruddin and his partner Shafeeq leased and operated seven Raceway stores across Houston for nearly a decade. That experience provided invaluable insight into operational management and customer service in the fuel retail sector.
In 2003 he seized the opportunity to purchase convenience stores in Jonesboro, Arkansas, and has since grown that portfolio to four high-volume locations. Under his leadership, one of their Checkers locations has been recognized as a top-10 performer in the United States.
In 2020 he founded Pitstop Express, which today operates 30 gas station convenience stores across Houston, Texas. Under his leadership the company has become a leader in the fuel retail sector, known for quality service, community engagement, and strategic growth. The stores move close to three million gallons of fuel and three million dollars in grocery sales each month.
Beyond fuel retail and restaurants, Nooruddin is actively involved in a range of real estate projects, including multifamily developments, shopping centers, and pad site sales.
- Encore Capital: $500M+ in commercial real estate AUM
- Co-founded Encore Capital in 2020 with Nabil Punjani
- Partner, Summit Capital Group ($250M+ in assets)
- Finance degree, Texas A&M University
Imran Dhanani began building his expertise in real estate and convenience store operations at a young age, working alongside his father, a seasoned self-growth capital investor. That early exposure instilled an entrepreneurial mindset, strong operational skills, and a keen eye for identifying high-potential investments.
After earning his finance degree from Texas A&M University, Imran expanded his experience across multiple sectors, leading ventures in quick-service and casual dining, multifamily development, and real estate investment. His ability to navigate diverse industries with strategic focus laid the groundwork for what followed.
In 2020 he co-founded Encore Capital with business partner Nabil Punjani. The family-owned private equity firm has since built a portfolio of commercial real estate assets exceeding $500 million in assets under management, with subsidiaries including Pitstop Express, Main Bird, Jack in the Box, Golden Chick, and Checkers, alongside multifamily developments such as Gardens at Greenhouse. The investment strategy centers on acquiring, developing, and operating high-return assets with sustainable, long-term value.
He is also a partner at Summit Capital Group, managing a diverse portfolio of over $250 million in assets including hotels, retail space, and 100 acres of strategically located land. His work there reflects an ability to identify and maximize opportunities across multiple asset classes.
- Co-founded Encore Capital in 2020 with Imran Dhanani
- Founded Punjani Ventures, a family capital investment firm
- Convenience store portfolio across Greater Houston
- Medical school graduate; began in accounting at Hasan & Associates
Nabil Punjani, a medical school graduate with a strong foundation in accounting and finance, is a co-founder of Encore Capital, the family-owned private equity firm established in 2020 alongside business partner Imran Dhanani. Since its inception, Encore has built a portfolio of commercial real estate assets exceeding $500 million in assets under management, including Pitstop Express, Main Bird, Jack in the Box, Golden Chick, and Checkers, as well as multifamily developments like Gardens at Greenhouse.
Before launching Encore Capital, Nabil founded Punjani Ventures with his father, a family capital investment firm focused on acquiring and expanding a portfolio of convenience stores across the Greater Houston area. Over two years they developed a successful network of operations, leveraging his financial acumen and strategic insight.
His business background is rooted in early work in accounting at Hasan & Associates, experience that proved invaluable in structuring investments, managing capital, and guiding long-term asset growth. His medical education, combined with analytical and operational expertise, brings a distinctive perspective to problem-solving, risk assessment, and disciplined decision-making.
Today he works closely with the executive team to identify and execute investments that deliver stable, long-term returns for clients and partners, with a focus on commercial real estate, convenience stores, and high-value development projects.
- Naqeeb Punjani · CFO
- Shabaaz Punjani · CIO
- Mahir Punjani · CSO
- Christian Aranda · Acquisitions
- Maria Narvaez · HR
- Salma Jetha · Accounting
- Sanam Satani · Accounting
- Armaan Mitha · Operations
- Zohra Panjwani · Receptionist
The people
Operators first, investors second.
Most of us came up running the assets we now invest in. That is why we trust our own underwriting, and why founders trust us with theirs. Over a century of building, between us.
MD
MD
Founder
Mansoor Dhanani
Dhanani Capital
- Owner and founder of Pitstop Express
- Five years building a Texas convenience-store portfolio
- Primary focus: Houston and Dallas markets
- Expanding into multifamily and retail development
Mansoor Dhanani is an active real estate investor and the owner and founder of Pitstop Express. Over the past five years he has steadily built a diverse and strategically located convenience store portfolio across Texas, with a primary focus on the Houston and Dallas markets, acquiring, developing, and operating high-performing c-stores that serve growing communities and capitalize on high-traffic locations.
Alongside those ventures he has developed multiple business portfolios across a variety of industries, demonstrating his versatility as an entrepreneur and his ability to identify strong investment opportunities. His experience spans day-to-day operations, financial management, and coordinating partnerships with other investors. That hands-on approach has given him a deep understanding of both the operational and investment sides of retail and real estate.
His background is rooted in years of managing store operations, evaluating market opportunities, and trading real estate throughout Texas, strengthening his expertise in acquisitions, asset management, and building long-term value through property-based investments.
Looking forward, Mansoor plans to continue expanding the Pitstop Express portfolio while diversifying into multifamily housing, retail developments, and other real estate sectors with strong growth potential, building a resilient, scalable, and well-balanced investment platform across Texas and beyond.
NP
Founder
Nooruddin Punjani
Punjani Ventures
Chief Executive Officer
Imran Dhanani
Dhanani Capital
Chief Operating Officer
Nabil Punjani
Punjani Ventures
- Naqeeb Punjani · CFO
- Shabaaz Punjani · CIO
- Mahir Punjani · CSO
- Christian Aranda · Acquisitions
- Maria Narvaez · HR
- Salma Jetha · Accounting
- Sanam Satani · Accounting
- Armaan Mitha · Operations
- Zohra Panjwani · Receptionist
Who we work with
Good partners make good assets.
Available now
Space to lease, properties to buy.
For lease
Well-kept properties, ready for the right business. Reach Christian to walk a site.
- 5440 FM 359 Rd, Brookshire, TX 77423
- 22323 Southwest Fwy, Richmond, TX 77469
- 1001 S Wayside Dr, Houston, TX 77011
- 8234 Broadway St, Houston, TX 77061
- 1827 Richmond Pkwy, Richmond, TX 77469
- 15010 N Eldridge Pkwy, Cypress, TX 77429
- 7755 N Wayside Dr, Houston, TX 77028
- 4600 N Cage Blvd, Pharr, TX 78577
- 809 Lake Olympia Pkwy, Missouri City, TX 77489
- 3570 US-90, Liberty, TX 77575
Leasing — Christian
info@enccap.com
For purchase
A short list of properties currently for sale. Ask Christian for details or a viewing.
- 29706 FM 1093, Fulshear, TX 77441
- 22323 Southwest Fwy, Richmond, TX 77469
- 2430 East Sam Houston Pkwy S, Pasadena, TX 77503
- 7997 W Airport Blvd, Houston, TX 77071
Purchases — Christian
info@enccap.com
For investors
Questions, answered plainly.
Who can invest with Encore Capital?
Our opportunities are generally available to accredited investors as defined by the SEC. We are glad to walk through eligibility on an introductory call.
Are returns guaranteed?
No. All targeted returns, including our historical 26% IRR, reflect past performance and are subject to investment performance and offering terms. Real estate investment carries risk, including the possible loss of principal.
What types of real estate does Encore invest in?
We develop and acquire across four categories: convenience and fuel retail, residential, commercial and mixed-use, and land. Each is chosen for durable cash flow and long-term appreciation.No. All targeted returns, including our historical 26% IRR, reflect past performance and are subject to investment performance and offering terms. Real estate investment carries risk, including the possible loss of principal.
Is this a bank or insured product?
No. Encore Capital is not a bank. Investments are not FDIC insured, carry no bank guarantee, and are not deposit products.
How do I get started?
Reach out through the contact form or investor portal below. We will schedule an introductory conversation to understand your goals and share current opportunities.
Come build something lasting with us.
If you value patient capital, honest operations, and a partner who knows the ground, we should talk.
Reach us
Let's talk.
Whether you are an investor, a property owner, or an operator looking for a partner, we would be glad to hear from you.