MIAMI—Encore Capital Management is on a multifamily development rip. The company is building the $350 million mixed-use Plantation Walk, as well as Jacksonville Walk, Paramount Fort Lauderdale Beach, Paramount Miami, Margaritaville in Orlando and Encore at Reunion, a complex of several hundred high-end vacation homes four miles from Disney.
GlobeSt.com caught up with Art Falcone, co-founder and managing principal of Encore, to discuss the climate for construction lending, the challenges of mixed-use development and more in this exclusive interview.
GlobeSt.com: You have recently obtained financing for some of your large-scale projects, including Miami Worldcenter and Plantation Walk. What is the climate for construction lending and appetite from different kinds of lenders these days?
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