The Core Vision
of RentylCore
The Core Vision
of RentylCore
The company is built around a simple yet effective idea — identify pro-growth states, curate a portfolio of high-end properties within them, then deliver consistent returns to portfolio investors.
Investment Philosophy
Every piece of the Rentylcore portfolio is built upon thorough discovery and analysis processes, putting each community in the best position for success.
Each state, city, and community is judiciously chosen to align with Rentylcore’s investment principles and to create a synergy that lifts the entire portfolio.
Decisions are made with a focus on long-term growth and sustainable returns, positioning the portfolio for global and local market swings.
Rentyl Apartments and Homes is the in-house property management company for all Rentylcore communities. This integrated approach ensures every Rentylcore asset is optimally stewarded into the future, from top-level strategy to daily operations.
Executive Chairman, Co-Founder
Boca Raton, FL
Industry Experience – 35 Years
Firm Tenure – 35 Years
Industry Experience – 35 Years
Firm Tenure – 35 Years
Arthur J. Falcone is RentylCore’s Chief Executive Officer and a Managing Principal of Falcone Group, and at the Manager. Mr. Falcone is responsible for all facets of the business and sits on the Investment Committee. Arthur J. 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 the co-founding, managing principal of Encore Capital Management and Rescore Property Corp. The total development value of Encore’s assets is approximately 7 billion dollars. These assets are across the U.S.A. and include master planned communities, retail centers, condominiums, townhomes and hotels. Rescore is a private REIT with a portfolio of urban infill multifamily projects. The REIT acquires land and assets to be developed into new apartment communities. Rescore’s acquired properties for development represent a portfolio of over 1 billion dollars in capitalization. Mr. Falcone is the CEO responsible for 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 in excess of 5 billion- dollars of development, including retail, restaurant and entertainment, hotel, residential, and office. 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. Under his leadership, The Falcone Group owned development companies specializing in residential, retail and apartment assets.
Mr. Falcone began his business more than 35 years ago, investing in fast food restaurants, hotels and health clubs in New York State and at the age of 22 became the youngest operator of a McDonald’s franchise. He quickly became the owner and operator of more than 100 McDonald’s, Wendy’s and other family-style restaurants throughout New York, Florida and California, and was also a Days Inn Hotel franchisee.
In 1988, Mr. Falcone formed the homebuilding and land development company Transeastern Properties, Inc. Transeastern began purchasing residential and mixed-use properties from distressed and bankrupt sellers and capitalizing on foreclosures against distressed housing debt brought on by the national recession in the late 1980’s and early 1990’s. As the economy rebounded, this asset base fueled Transeastern’s growth, within 15 years Transeastern had become the largest private homebuilder in the State of Florida and one of the top 25 homebuilders in the United States. In 2005, as the homebuilding market peaked, Mr. Falcone sold Transeastern, (including the land company), to Technical Olympic USA (“TOUSA”) for a total consideration of $1.6 billion in one of the largest private transactions in the history of homebuilding and land sales. During this period, Mr. Falcone developed or acquired interests in over 20,000 multifamily apartment units; in 2006 Mr. Falcone sold his remaining apartment portfolio for $480 million. Under Mr. Falcone’s leadership, Century Communications (“Century”), a telecommunications company, was developed into a full-service TV, internet, and alarm company providing services to Transeastern Homes and its affiliates. The sale of Century Communications was completed in 2008 to Bright House Networks and Comcast.
Mr. Falcone has been serving on the Board of Trustees for Nova Southeastern University since 2006. He has also been inducted into Nova Southeastern University’s Entrepreneur Hall of Fame as well as the Junior Achievement Hall of Fame. He and his wife, Marcy, sit on the boards of Crohn’s and Colitis National Foundation and SOS Children’s Village. Mr. and Mrs. Falcone have been benefactors to various foundations and charities, including a donation to Junior Achievement BizTown in Coconut Creek known as the Falcone Family JA BizTown. The facility is state-of-the-art, with an emphasis on hands-on, experiential learning techniques. The focus is financial literacy, financial responsibility, work readiness and entrepreneurship.
President, Co-Founder
Boca Raton, FL
Industry Experience – 20 Years
Firm Tenure – 2 Years
Industry Experience – 20 Years
Firm Tenure – 2 Years
Patrick Marino has spent his entire career as a value add investor and diversified real estate developer. He has extensive experience in every facet of the real development process including site selection, underwriting, land planning, finance structure, and construction. In addition to real estate development and management, Patrick has acquired non-performing, performing, and under performing loans secured by a wide array of collateral including industrial real estate, hotels and hospitality related businesses, equipment, aircraft, environmentally contaminated property, office buildings, shopping centers, fixed base operations, mining quarries, apartments, and residential subdivisions. Patrick also owns and manages a substantial real estate portfolio of properties around the United States. His property portfolio consists of industrial, multi family, parking, credit tenant retail, self storage, as well as grocery anchored neighborhood centers. Patrick is a resident of Boca Raton, Florida. He is a past speaker at the NYU Schack Institute of Real Estate, a donor to Little Baby Face Foundation, The Make-a-Wish Foundation, Nova Southeastern University, University of Pittsburgh and various other charitable organizations.
President, Homebuilding
Boca Raton, FL
Industry Experience – 30 Years
Firm Tenure – 30 Years
Industry Experience – 30 Years
Firm Tenure – 30 Years
Neil Eisner’s expertise as President of Homebuilding runs the full gamut of homebuilding: market and demographic research & analysis, sales & marketing, land acquisition, development, and construction operations. He is an accomplished and recognized expert in operations and management, a skill he perfected before joining Encore Capital Management as the Chief Operating Officer & Managing Director of Homebuilding/Land Development, and as President of Transeastern Homes. Over his 30+ years of industry experience, he has been responsible for the construction of more than 30,000 homes.
The phenomenal growth of Transeastern — from 11 employees and gross revenues of $7 million per year to over 700 employees and gross revenues exceeding $650 million per year — can be attributed to Mr. Eisner and the unique culture he helped to create. By implementing a company-wide set of standard operating procedures, he directed Transeastern with a maximum of efficiency and sophistication that rivaled many of the much larger public homebuilders. This distinctive culture of efficiency, communication, and camaraderie allowed Transeastern to deliver high-quality homes and an unrivaled experience to homebuyers.
Mr. Eisner was a two-term President of Florida’s Gold Coast Builders Association (GCBA) and has been recognized as the GCBA’s builder of the year. He is an active member of the National Association of Home Builders (NAHB), and has been a frequent guest speaker at NAHB events and the Builder 100 Conference. Mr. Eisner is also involved with numerous charitable organizations and has built and donated multiple homes for charity.
chief Investment officer
Boca Raton, FL and New york, NY
Industry Experience – 20 Years
Firm Tenure – 3 Years
Industry Experience – 20 Years
Firm Tenure – 3 Years
Anthony Juliano serves as the Chief Investment Officer for RentylCore. Anthony Juliano is an accomplished and highly trusted global investment management professional who specializes in complex real estate private equity and capital markets transactions across global markets.
In 2006, Mr. Juliano led the formation of a global real estate equity investment management platform for a Gulf-based investor group. This investment portfolio has totaled nearly $4 billion in market value in the U.S. and Europe and stretches across multifamily, office, hospitality, retail, student housing, and R&D asset classes.
Mr. Juliano implemented investment management infrastructure and operational activities for both U.S. and foreign offices. These responsibilities included the institution of financial modeling, standardization of underwriting and research, tax structuring, accounting and finance procedures, and regulatory compliance.
Chief Investment Officer
Boca Raton, FL
Industry Experience – 25 Years
Firm Tenure – 17 Years
Industry Experience – 25 Years
Firm Tenure – 17 Years
With extensive real estate and finance experience, John F. Chiste brings a unique perspective to the Falcone Group. Since 2005 he has been the Chief Financial Officer for the Falcone Group and its affiliates, playing a vital role in the groups day-to-day operations, as well as major decision making and investment opportunities. Mr. Chiste’s experience in dealing with banks, structuring deals and keen eye for opportunities make him invaluable to the Falcone team.
For nearly ten years prior to joining the Falcone Group, Mr. Chiste was the Treasurer and Chief Financial Officer of Bluegreen Corporation, a publicly-held timeshare and residential land developer. In 1998, Mr. Chiste was also named Senior Vice President at Bluegreen Corporation.
Earlier in his career Mr. Chiste was the Chief Financial Officer of Compscript, Inc., an entity that provides institutional pharmacy services to long-term health care facilities. Prior to his time at Compscript, he served as the Chief Financial Officer, Secretary and Treasurer of Computer Integration Corporation, a publicly-held distribution company that provides information products and services to corporations nationwide. Previously, Mr. Chiste also held various positions with Ernst & Young LLP, most recently serving as a Senior Manager. Mr. Chiste holds a B.B.A. in Accounting and is a Certified Public Accountant.
Chief Operating Officer
Boca Raton, FL
Industry Experience – 15 Years
Firm Tenure – 15 Years
Industry Experience – 15 Years
Firm Tenure – 15 Years
Brian Macho came to the world of distressed investing from a background practicing law. Brian practiced in litigation and real estate related matters before shifting his focus exclusively to distressed investing with Tiburon. Now, Brian participates in all aspects of the business from sourcing, underwriting, managing, and disposing of investment opportunities for Tiburon. After nearly a decade of work with Tiburon, Brian’s investment portfolio includes warehouse and industrial real estate, self-storage, parking, restaurants, and multi-family residential real estate. Brian currently resides in Myrtle Beach, South Carolina where he is an active member of the development community. Brian received a graduate degree from Charleston School of Law, Magna Cum Laude, and an undergraduate degree from Nova Southeastern University.
Executive Vice President, Operations
Orlando, FL
Industry Experience – 15 Years
Firm Tenure – 15 Years
Industry Experience – 15 Years
Firm Tenure – 15 Years
Nick Falcone is an innovator and recognized leader in Florida’s tourism and hospitality industry. He founded NDM Hospitality Services, LLC in 2011 with the vision of becoming a multi-faceted hospitality, real estate, and technology conglomerate. Since that time, Nick and the NDM Hospitality team is changing the face of the real estate, travel, tech, and dining industries; creating new ways to manage real estate and take vacations, and bringing higher service standards to casual dining.
NDM Hospitality acquired the territorial rights to the Dade County BurgerFi franchise, which opened in Fort Lauderdale, Florida in 2012. They became the chain’s first franchisee and a model for all those that came after; recognized as franchisee of the year, operator of the year, and leading the entire franchise in year-over-year sales growth. In addition, NDM Hospitality became the leader of the BurgerFi marketing co-op and established many of the standard operating procedures used by BurgerFi franchisees across the world. Since then, the company has expanded its sector to include 6 more restaurants from Miami to Orlando.
In 2015, NDM Hospitality’s fastest-growing company, Rentyl Resorts, launched the first branded residential resort in the world. This new travel sector blends the comforts of a home with the experience of a resort under a consistent brand. The company continues to grow, providing management services through Luxury Residential Resorts (LRR) for property owners within the branded residential resorts, and adding more brands to the Rentyl Resorts portfolio including: Encore Resort at Reunion, Margaritaville Resort Orlando, The Bear’s Den Resort Orlando, Spectrum Resort Orlando, Islands of Islamorada, and Beachwalk.
Falcone developed partnerships with Marriott Homes & Villas®, The Walt Disney Travel Company®, Margaritaville, and the Jack Nicklaus Companies. In 2020, NDM Hospitality won four Telly Awards, including one Gold; a Davey Award; three w3 Awards; and a Platinum MarCom Award for its creative video marketing campaigns. In addition, Margaritaville Resort Orlando received the coveted AAA Four Diamond designation, establishing the resort as part of a select group in North America. Encore Resort at Reunion and Margaritaville Resort Orlando earned Tripadvisor’s 2020 Travelers’ Choice winner and received three W3 awards for their video series Sunset 365, including Gold for General Video – Food & Beverage.
Falcone is leading the launch of Rentyl Homes, Rentyl Apartments, and Spire Loyalty, the first multi-industry loyalty program. NDM Hospitality is shaping the future of hospitality, with an established Culture built on mutual success with a “Win from Within” mantra.
When not working, he loves spending time with his wife, Jaclyn; and four children, Nicholas Jr., Olivia, Bennett, and James. He is a devoted fan of his alma mater, Florida State University, and his hometown team, the Miami Dolphins.
Executive Vice President
Boca Raton, FL
Industry Experience – 12 Years
Firm Tenure – 12 Years
Industry Experience – 12 Years
Firm Tenure – 12 Years
Daniel was born and raised in South Florida and was exposed from a young age to the real-estate and hospitality industries. In 2011, he graduated with a bachelor’s degree in Finance from Florida State University’s School of Business with many aspirations. It wasn’t long after graduating that Daniel founded his family business, NDM Hospitality Services, with his two brothers.
NDM Hospitality’s first acquisition began in the restaurant industry. They became the first franchisee of the quick-service chain, BurgerFi. Daniel, along with his brothers, developed the business operations of the restaurants. He created company processes and procedures for all aspects of the company including training, daily operating tasks, human resources, and accounting. He started and led the BurgerFi marketing co-op in South Florida and continues to be involved with all facets of BurgerFi. Since the initial store opening, the company has grown to adding 7 additional BurgerFi locations while receiving awards for franchisee of the year, operator of the year, and leading the entire franchise in year-over-year sales growth.
In 2015, while achieving success and growth in the restaurant sector of their business, Daniel along with his brothers decided it was time to diversify NDM Hospitality’s portfolio of operations. It was at this time they created Rentyl Resorts. Rentyl Resorts is a hospitality-based technology, management, and services company that provides solutions to innovate all facets of the industry. With substantial growth and a continuously growing portfolio, Daniel manages various parts of the company’s operations, accounting, and finance departments.
Most recently, Daniel has been involved in NDM Hospitality’s newest ventures Rentyl Apartments and Spire Loyalty. He oversees Rentyl Apartments, which is a multi-family apartment management company that launched in 2021. In addition, he played an integral role in creating the processes and facilitation of building the innovative technology for the hospitality and real estate industries, Spire Loyalty, which will launch in 2022.
As a managing principal of the various companies under the NDM Hospitality Services umbrella, Daniel’s vision is to continue to sustain the rapid growth of the company they have seen thus far. He is proud to say that they have grown from an idea started by the three brothers to now employing more than 600 people throughout their companies’ combined.
Daniel Falcone is a man of loyalty, value, ambition, family, and hard work. When he is not working, Daniel loves to spend time with his wife and three children, watching Formula One, and skiing during the winter months.
Executive Vice President
Boca Raton, FL
Industry Experience – 15 Years
Firm Tenure – 8 Years
Industry Experience – 15 Years
Firm Tenure – 8 Years
Serves as Executive Vice President of Falcone Group
Focused on capital markets, investments, and investor relations
Executive Vice President
Boca Raton, FL
Industry Experience – 8 Years
Firm Tenure – 4 Years
Industry Experience – 8 Years
Firm Tenure – 4 Years
Alfonso Costa Jr. is responsible for overseeing the development of multifamily rental apartment communities & for-sale condominium projects at the Falcone Group, leading public-private partnership (P3) opportunities, and executing operational & strategic initiatives for the company.
Mr. Costa previously served in the Federal Government as Deputy Chief of Staff & Opportunity Zones lead for the U.S. Department of Housing and Urban Development (HUD). In this public service role, Mr. Costa was responsible for overseeing policy for the $50 billion annually-budgeted Cabinet agency, which maintains a wide range of housing and community development programs, a $1.3 trillion mortgage insurance portfolio, and approximately 7,000 employees across 57 offices nationwide. As an expert on the bi-partisan Opportunity Zones program, Mr. Costa held the title of Chairman’s delegate and HUD’s lead representative on the Federal Government’s inter-agency Opportunity and Revitalization Council, and for his efforts he was recognized in the Opportunity Zone Magazine’s “Top 25 OZ Influencers” list for both 2020 and 2021.
A former 5th-grade teacher as a Teach for America (TFA) corps member, Mr. Costa is now an active social advocate through philanthropic & academic volunteer efforts on both the national and local levels. Nationally, he serves as a Member of the Harvard Alumni Real Estate Board, Housing Advisory Council Member of the Bipartisan Policy Center, Board Member of the Home Builders Institute, and Full Member of the Urban Land Institute (ULI). In his home State of Florida, Mr. Costa is the Program Chair of ULI Florida’s Affordable & Workforce Housing Council (AWHC), Advisory Board Chair of the Nova Southeastern University Master’s in Real Estate Development (MSRED) Program, and recent Member of the City of West Palm Beach Affordable Housing Advisory Committee (AHAC).
Mr. Costa earned his law degree (JD) from Harvard University, master’s degree (MSc) from the University of Oxford (United Kingdom), and bachelor’s degree (BA) from Yale University. At Yale, he played both Division-I basketball and Division-I lacrosse while serving as Chair of the Yale Athletic Department’s Thomas W. Ford Community Outreach Committee.
