January 10 , 2007

Entrepreneur Arthur J. Falcone Joins Nova Southeastern University’s Board of Trustees

FORT LAUDERDALE – DAVIE – Nova Southeastern University President Ray Ferrero, Jr. J.D., announced that Arthur J. Falcone, co-Chairman and CEO of the Falcone Group, a multi-billion dollar company with interests in merchant banking, land development, commercial properties, real estate sales and marketing has been appointed to the Board of Trustees for the university. 

“Art is the consummate entrepreneur and will bring a dynamic, new perspective to our Board of Trustees,” said President Ferrero. “His vision, integrity and personality will help us continue to move the university in a forward direction, and achieve new heights in education and service to the community.’

Falcone began his career as an entrepreneur at the age of 22, earning the distinction of being the youngest operator of a McDonald’s franchise in the nation. Shortly thereafter, he parlayed his financial success to ownership of more than 100 McDonald’s and Wendy’s restaurants throughout New York, Florida and California.

Today, the Falcone Group, which he established with his brothers Edward and Robert, holds the distinction of being one of the largest private owners of land for homebuilders in the State of Florida. The company recently completed the largest private transaction in the history of homebuilding, selling Transeastern Properties, Inc., to Technical Olympic USA (TOUSA), a NYSE listed company. Falcone continues to sit on the Advisory Board of EH Transeastern, the joint venture between TOUSA and The Falcone Group.

In April 2005, he was inducted into the H. Wayne Huizenga School of Business Entrepreneurship Hall of Fame. He is a member of the Gold Coast Builders Association, Florida Atlantic Builders Association, and a national board member for the Crohn’s and Colitis Foundation of America. Falcone also serves as secretary for the SOS Children’s Villages Florida, Inc. and is a past recipient of the prestigious American Heritage Award from the Anti-Defamation League.