Left to right: Kevin O’Grady and Eric McGlynn, Walker & Dunlop capital markets group managing directors Miami (Photo: Courtesy photos)
Falcone, through a real estate investment trust he leads with Tony Avila and Bill Powers, has embarked on eight multifamily communities in California, Oregon and Florida.
March 12, 2019 at 02:34 PM
1 minute read
South Florida real estate reporter
Prominent South Florida developer Art Falcone, who has a stake in downtown’s Miami Worldcenter, is expanding his ventures on the West Coast.
Falcone’s Rescore Property Corp. secured a $59.6 million construction loan for The Rise Walnut Creek apartment project east of San Francisco — with help from a Miami team at Walker & Dunlop. The deal closed Nov. 16, and the development is set to be finished in April 2020.
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