Arthur Falcone Net Worth

Included in these holdings were properties with many major national brands, including McDonald’s, Wendy’s, Fatburger, Days Inn Hotels and Jack LaLanne Health Clubs. Throughout his career, Falcone excelled at acquiring, improving and selling a wide variety of real estate-related operating businesses and companies. The largest and most lucrative holding was South Florida based Transeastern Homes, Inc., which was established in 1989 by capitalizing on foreclosures against distressed housing debt brought on by the national recession in the late 1980s and early 1990s. In addition to working as the CEO of The Falcone Group, he is also serves as the Managing General Partner at Encore Housing Opportunity Fund, and is the COO of Nova Southeastern University. He served as President of Transeastern Properties Inc., which he joined it in 1993. Mr. Falcone serves as a Member of the Board of Trustees of Nova Southeastern University’s Board of Trustees and is a National Board Member for the Crohn’s and Colitis Foundation of America. In April 2005, he was inducted into the H. Wayne Huizenga School of Business Entrepreneurship Hall of Fame, and was also a recipient of the prestigious American Heritage Award from the Anti-Defamation League.