Arthur Falcone

<p>Arthur Falcone is a co-founder and Managing Principal of Encore Capital Management and sits on the Investment Committees of its three funds. Art is also the founder and Managing Principal of Miami World center, one of the largest master-planned urban developments in the United States. Spanning more than 30 acres across nine blocks in the heart of downtown Miami, the entitled project allows for more than 15 million square feet of mixed-use development, including retail, restaurant and entertainment, hotel, residential, and office. Falcone released a futuristic master plan with a rendering that showed skyscrapers rising like a silver forest in a desert of slum. City officials swooned, calling it "a city within a city" and "one of the largest urban renewal projects in the United States." Mr. Falcone began his business more than 30 years ago, investing in fast food restaurants, hotels and health clubs in New York State, and at the age of 22 he became the youngest operator of a McDonald's franchise. He quickly became the owner of more than 100 McDonald's, Wendy's and other family-style restaurants throughout New York, Florida and California, and was also the owner of a New York Days Inn Hotel. Mr. Falcone serves on the Board of Directors for Nova Southeastern University and was inducted into the school's Entrepreneur Hall of Fame in 2006. He also serves on the Crohn's and Colitis National Foundation as well as the Junior Achievement Hall of Fame.</p>

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