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DEVELOPMENT TEAMDaniel KodsiCEO of Royal Palm COMPANIESNitin MotwaniManaging Director of Encore
Housing Opportunity FundNitin Motwani grew up just steps away from the site of PARAMOUNT Ft. Lauderdale Beach. The Motwani family has been synonymous with the transformation of Ft. Lauderdale Beach into a world-class destination and remain one of the largest property owners in the area.
Mr. Motwani has been involved with the creation of Encore Housing Opportunity Fund (EHOF), a private equity fund focused on opportunistic real estate investments and development. Mr. Motwani serves as a Managing Director of EHOF focusing on acquisitions, development, dispositions and fundraising. Since that time, EHOF has overseen over $1 billion of investments in Florida, California, Texas, and Arizona.
Since 2006, Mr. Motwani has also been the Managing Principal of Miami Worldcenter, a 30-acre mixed-use project, located in the heart of Downtown Miami. In this role Mr. Motwani is responsible for every facet of the project including but not limited to land acquisition, zoning and entitlements, financing (public and private), joint ventures and development. Miami Worldcenter is the largest urban project in Miami and one of the largest in the country.Art FalconeCo-Founder and Managing Principal
of Encore Housing Opportunity FundDaniel Kodsi has more than 25 years of experience developing a diversified real estate portfolio of more than $1.1 billion in mixed-use, multi-family, condominium and planned single-family home communities. From award winning master-planned communities around the state, to the luxurious PARAMOUNT Bay high-rise in Miami’s Edgewater neighborhood, as CEO of Royal Palm Companies Mr. Kodsi developed more than 30 separate development projects, generating over 3,000 units throughout the state of Florida.
In recent years, Mr. Kodsi has focused on asset managing over a quarter of a billion dollars in distressed assets throughout the state of Florida and the Southeast United States. In addition to developing PARAMOUNT Fort Lauderdale Beach, Mr. Kodsi has plans to pursue future projects with Mr. Falcone and Mr. Motwani and expand the PARAMOUNT Residences branded residences to other locations.Art Falcone has over 35 years of executive experience and a proven track record of success. Mr. Falcone brings tested leadership, an entrepreneurial spirit and unparalleled expertise in all areas of real estate. He has diverse and extensive experience in the management of purchasing, financing, and developing residential and commercial real estate product types.
Mr. Falcone is one of Rescore’s directors and a Managing Principal of Encore, and the Investment Manager. Mr. Falcone will be responsible for all facets of the business and sits on the Investment Committee.
Mr. Falcone is also the founder and Managing Principal of Miami Worldcenter, one of the largest master-planned urban environments in the United States. Spanning more than 30 acres across nine blocks in the heart of downtown Miami, the already approved project allows for more than 15 million square feet of mixed-use multibillion-dollar development.
As Chief Executive Officer and Chairman from 2004 to the present of Falcone Group, a vertically-integrated real estate and land development organization, Mr. Falcone successfully established the company as an internationally recognized real estate corporation.scroll down
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PROJECT TEAMRevuelta ArchitectureARCHITECTUREFounded with the commitment to provide quality architectural design balanced with sustainable and economically feasible solutions, this philosophy has become the cornerstone of Revuelta Architecture International’s success for over two decades. Forging partnerships with top local and national developers in the design and creation of some of South Florida’s leading landmark residential, commercial, hospitality and mixed use projects, their willingness to persevere in the pursuit of architectural concepts and details is a key attribute that ultimately makes projects successful for their clients. Additionally, the conservation and rehabilitation of historically significant structures, green/sustainable systems and building practices, figures prominently in the company’s expertise and goals for the future.IDDIINTERIOR DESIGNID & Design International is a full service design and branding firm with extensive knowledge specializing in commercial, mixed-use, retail, hospitality and entertainment projects. With vast international experience and exposure to some of the world’s leading retailers, developers and investors, our team-based approach leads with a logical business and consumer focus to all strategic design solutions and transforms them into uniquely branded environments. As president and creative director of IDDI, Sherif Ayad’s distinctive style and passion for design have been recognized around the world in a multitude of trade publications, books and awards throughout the years — contributing to his recognition as one of the leaders in the design industry since 1979. Today, IDDI offers Sherif’s extensive experience, coupled with a diversified team of some of the most creative minds in environmental design.One World PropertiesSALES & MARKETINGOneWorld Properties, led by Peggy Olin Fucci, is a Florida-based full service real estate brokerage firm specializing in the sales and marketing of luxury residential condominium properties worldwide. In 2008, OneWorld Properties was formed with the goal to create a new kind of brokerage with honesty, drive and enthusiasm that would deliver fresh and innovative ideas during the time of the failed real estate market. In 2010, Peggy Olin Fucci was selected to head the sales and marketing programs for ST Residential’s nationwide real estate portfolio. As Senior Vice President and Director of Sales and Marketing for ST Residential, Olin Fucci created innovative sales initiatives for the entire ST Residential portfolio that included more than 10,000 condo units throughout the United States, selling more than $5 billion in inventory in three years. OneWorld provides a unique approach partnering with developers from idea to strategy development to create an integrated sales and marketing program. We pride ourselves on our community connections with a team who has extensive knowledge and are well connected with the local and international market to deliver the best results for every project with superior service.