{"id":63550,"date":"2026-07-14T03:00:20","date_gmt":"2026-07-14T01:00:20","guid":{"rendered":"https:\/\/housesmarketplace.com\/art-falcone-on-launching-americraft-homes-and-building-hospitality-driven-communities\/"},"modified":"2026-07-14T03:00:20","modified_gmt":"2026-07-14T01:00:20","slug":"art-falcone-on-launching-americraft-homes-and-building-hospitality-driven-communities","status":"publish","type":"post","link":"https:\/\/housesmarketplace.com\/ru\/art-falcone-on-launching-americraft-homes-and-building-hospitality-driven-communities\/","title":{"rendered":"Art Falcone on launching AmeriCraft Homes and building hospitality-driven communities"},"content":{"rendered":"<div>\n<p>Art Falcone \u2014 a prominent real estate developer with more than 40 years of experience in developing single-family, multifamily, hospitality, mixed-use and retail properties \u2014 <a href=\"https:\/\/www.housingwire.com\/articles\/americraft-homes-attainable-luxury-builder\/\">recently launched<\/a> a new homebuilding venture, <strong>AmeriCraft Homes<\/strong>.\u00a0<\/p>\n<p>Falcone\u2019s decision to launch a new homebuilding company during a down cycle reflects the contrarian strategy that has defined his career.<\/p>\n<p>\u201cHistorically, in my career, for anybody that followed it, I\u2019ve always been a contrarian investor. So when things are not good, that\u2019s when I like to be going into a business and restarting. I\u2019ve been doing that for the last 45 years pretty consistently. When I was in the fast-food business, the hotel business, or any type of business, I\u2019ve always been that way,\u201d Falcone said in an interview with <strong>\u0416\u0438\u043b\u044c\u0435\u041f\u0440\u043e\u0432\u043e\u043b\u043e\u043a\u0430<\/strong>&#039;s <em>TBD<\/em>.\u00a0<\/p>\n<p>But the timing of the new venture wasn\u2019t a mere coincidence. Falcone founded AmeriCraft Homes as <strong>Encore Capital Management<\/strong>, which he co-founded, began to wind down its <a href=\"https:\/\/www.housingwire.com\/homebuilder-rankings\/\">\u0436\u0438\u043b\u0438\u0449\u043d\u043e\u0435 \u0441\u0442\u0440\u043e\u0438\u0442\u0435\u043b\u044c\u0441\u0442\u0432\u043e<\/a> pipeline.\u00a0<\/p>\n<p>Instead of laying off a team of seasoned professionals, Falcone offered his employees positions at AmeriCraft Homes and spent the past year preparing for the new company\u2019s launch.\u00a0<\/p>\n<p>Falcone \u2014 who is best known for developing Miami WorldCenter in downtown <a href=\"https:\/\/www.housingwire.com\/articles\/2026-realtrends-verified-ivan-mike-team-ride-ultra-luxury-wave-in-miami\/\">\u041c\u0430\u0439\u0430\u043c\u0438<\/a>, the Margaritaville Resort <a href=\"https:\/\/www.housingwire.com\/articles\/orlando-metro-housing-market-nov-2025\/\">\u041e\u0440\u043b\u0430\u043d\u0434\u043e<\/a>, Encore Resort at Reunion in Orlando and a host of other residential, retail and hospitality-driven projects \u2014 is no stranger to homebuilding. Most prominently, he sold a prior homebuilding venture, <strong>Transeastern Properties<\/strong>, and its affiliated land company for $1.6 billion in 2005.\u00a0<\/p>\n<p>Leveraging Falcone\u2019s hospitality and resort development experience, AmeriCraft Homes aims to bring a hospitality-inspired, resort-style living experience to residential communities, a strategy Falcone said addresses an underserved segment of the market.<\/p>\n<p>\u201cArt\u2019s been a trendsetter, a placemaker for so many years in his career, and that\u2019s really what the path is for us as a company,\u201d said Mark Bines, president of AmeriCraft Homes.\u00a0<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-hospitality-driven-approach-to-homebuilding\">Hospitality-driven approach to homebuilding<\/h2>\n<p>AmeriCraft Homes initially launched with operations in Florida, North Carolina and South Carolina, with plans to ultimately expand to other <a href=\"https:\/\/www.housingwire.com\/articles\/midwest-apartment-demand-2026\/\">\u0421\u043e\u043b\u043d\u0435\u0447\u043d\u044b\u0439 \u043f\u043e\u044f\u0441<\/a> states. Some communities will feature <a href=\"https:\/\/www.housingwire.com\/articles\/fhfa-gse-condo-rule-changes\/\">condominiums<\/a>, while others will have a single-family focus.<\/p>\n<p>Every community will feature an extensive lineup of resort-style amenities, but because each market has its own buyer profiles and characteristics, the builder doesn\u2019t plan to take a one-size-fits-all approach.\u00a0<\/p>\n<p>\u201cWe\u2019re all about the placemaking, so depending on where we are and where we see the need, will determine the amenity package that we we would put in place,\u201d Bines said.\u00a0<\/p>\n<p>For example, one of the company\u2019s first projects, Lumara Norman Village in Mooresville, <a href=\"https:\/\/www.housingwire.com\/articles\/north-carolina-parking-reform-law\/\">\u0421\u0435\u0432\u0435\u0440\u043d\u0430\u044f \u041a\u0430\u0440\u043e\u043b\u0438\u043d\u0430<\/a> (a suburb of Charlotte), will feature more traditional residential amenities like a clubhouse and pickleball courts. Meanwhile, Aurora at Epperson Ranch,\u00a0 a townhome community set to be located just north of Tampa, will have access to the 7.5-acre, man-made Epperson Lagoon.\u00a0<\/p>\n<p>Another inaugural AmeriCraft Homes project \u2014 the Margaritaville Vacation Residences Myrtle Beach in Myrtle Beach, <a href=\"https:\/\/www.housingwire.com\/articles\/columbia-housing-market\/\">\u042e\u0436\u043d\u0430\u044f \u041a\u0430\u0440\u043e\u043b\u0438\u043d\u0430<\/a> \u2014 will feature 271 vacation condominiums. Residents will have access to a large resort-style pool with private cabanas, a tiki-style Chickee Hut bar, an on-site restaurant, a gym and close access to the beach.\u00a0<\/p>\n<p>For AmeriCraft Homes, the goal is to build communities with a wide array of amenities tailored to local needs and preferences. Some of these will be branded communities, including the partnership with Margaritaville and a license deal with <strong>Nicklaus Companies <\/strong>to develop golf communities.\u00a0<\/p>\n<p>\u201cOur intention is to do more branded types of communities where it makes sense,\u201d Falcone explained.\u00a0<\/p>\n<p>Falcone pointed to his decades of experience across various companies and teams \u2014 spanning large-scale golf course communities of roughly 1,500 to 2,500 homes, master-planned lagoon communities with retail, and thousands of residential units and hospitality and hotel operations \u2014 as a differentiating factor.\u00a0<\/p>\n<p>That combination, he argued, means that few competitors have the same pedigree in building highly amenitized communities. Just as importantly, this gives the company the flexibility to either meet existing market demand or act as a market maker in areas where Falcone believes that demand for these highly amenitized communities exists.<\/p>\n<p>\u201cWe\u2019re used to doing resort rental homes with hotels. So there are not a lot of companies that have the pedigree and understanding of what it takes to do highly amenitized communities, or an understanding of what\u2019s important to people today and what people are willing to pay for those amenities,\u201d Falcone said.<\/p>\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" data-attachment-id=\"591668\" data-permalink=\"https:\/\/www.housingwire.com\/articles\/americraft-homes-attainable-luxury-builder\/americraft_062626\/\" data-orig-file=\"https:\/\/www.housingwire.com\/wp-content\/uploads\/2026\/06\/americraft_062626.png\" data-orig-size=\"1092,612\" data-comments-opened=\"1\" data-image-meta='{\"aperture\":\"0\",\"credit\":\"\",\"camera\":\"\",\"caption\":\"\",\"created_timestamp\":\"0\",\"copyright\":\"\",\"focal_length\":\"0\",\"iso\":\"0\",\"shutter_speed\":\"0\",\"title\":\"\",\"orientation\":\"0\"}' data-image-title=\"americraft_062626\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;AmeriCraft Homes will build a mix of condominiums and single-family homes (Photo courtesy of AmeriCraft Homes)&lt;\/p&gt;\" data-large-file=\"https:\/\/www.housingwire.com\/wp-content\/uploads\/2026\/06\/americraft_062626.png?w=1024\" height=\"574\" width=\"1024\" src=\"https:\/\/www.housingwire.com\/wp-content\/uploads\/2026\/06\/americraft_062626.png?w=1024\" alt=\"AmeriCraft Homes\" class=\"wp-image-591668\" srcset=\"https:\/\/www.housingwire.com\/wp-content\/uploads\/2026\/06\/americraft_062626.png 1092w, https:\/\/www.housingwire.com\/wp-content\/uploads\/2026\/06\/americraft_062626.png?resize=150,84 150w, https:\/\/www.housingwire.com\/wp-content\/uploads\/2026\/06\/americraft_062626.png?resize=300,168 300w, https:\/\/www.housingwire.com\/wp-content\/uploads\/2026\/06\/americraft_062626.png?resize=768,430 768w, https:\/\/www.housingwire.com\/wp-content\/uploads\/2026\/06\/americraft_062626.png?resize=1024,574 1024w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"><figcaption class=\"wp-element-caption\">AmeriCraft Homes will build a mix of condominiums and single-family homes. (Photo courtesy of AmeriCraft Homes)<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\" id=\"h-focus-on-attainable-luxury\">Focus on attainable luxury<\/h2>\n<p>For AmeriCraft Homes, the goal is to go after the \u201c<a href=\"https:\/\/www.housingwire.com\/articles\/next-generation-luxury-homebuyers-engel-volkers\/\">attainable luxury<\/a>\u201d segment of the market. The amenities play into this approach, but so does the design of each home. The idea is to be the next step up from a traditional production homebuilder, blending a mix of production homebuilding and semi-custom building.\u00a0<\/p>\n<p>This approach, Bines said, aims for a higher-end, less cookie-cutter feel through extensive personalization options. As an example, he cited lockout basements being added to some North Carolina lots, an uncommon feature that sets the community apart. He also pointed to premium finishes like wet bars, dry bars and club rooms as details that appeal to buyers of larger homes.<\/p>\n<p>\u201cAttainable luxury is really where we\u2019re looking to be. There are a lot of people who want nice things in a house,\u201d Bines said.<\/p>\n<p>Bines said that many of the homes will also be designed to accommodate the growing need for <a href=\"https:\/\/www.housingwire.com\/articles\/multigenerational-homebuying-affordability\/\">multigenerational living<\/a>, which comes down to floor plans. This includes features like ensuite layouts that separate a second owner\u2019s suite or larger bedroom from the rest of the house \u2014 effectively creating an <a href=\"https:\/\/www.housingwire.com\/articles\/granny-flats-adu-la-los-angeles-affordable-housing\/\">in-law suite<\/a> for a family member living with them.\u00a0<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-scaling-into-a-large-regional-builder\">Scaling into a large regional builder<\/h2>\n<p>The goal is to ultimately scale AmeriCraft Homes into a large regional builder operating throughout the Sun Belt.\u00a0<\/p>\n<p>The focus on a higher-income buyer profile and a differentiated product mix gives Falcone confidence that the newly formed homebuilding venture will succeed. The recently launched Margaritaville Myrtle Beach has already secured more than 40 prebuy contracts, with an expected pace of eight to 10 sales a month going forward.\u00a0<\/p>\n<p>Falcone also pointed to some of the firm\u2019s Orlando residential communities as proof of the model. Margaritaville sold roughly 800 homes in three years, while Bear\u2019s Den, a luxury community with homes starting around $1.5 million, posted a slower sales pace of about two homes per month. <\/p>\n<p>But combining different product types within the same market, Falcone said, helps spread overhead costs, allowing slower-selling luxury communities to remain financially viable.<\/p>\n<p>\u201cObviously, we have our work cut out for us in the first three states first. As we all know in our business, you have to have revenue and you have to have scale, right? But you also have to have <a href=\"https:\/\/www.housingwire.com\/articles\/how-high-performing-builders-are-winning-the-margin-war\/\">margin<\/a>. We\u2019re we\u2019re not targeting a lower-margin type of product, like first-time home homebuyers,\u201d Falcone said, while explaining that expansion decisions are driven by whether projected home deliveries can efficiently absorb regional overhead costs.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Art Falcone \u2014 a prominent real estate developer with more than 40 years of experience in developing single-family, multifamily, hospitality, mixed-use and retail properties \u2014 recently launched a new homebuilding venture, AmeriCraft Homes.\u00a0 Falcone\u2019s decision to launch a new homebuilding company during a down cycle reflects the contrarian strategy that has defined his career. \u201cHistorically, [&hellip;]<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-63550","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.5 (Yoast SEO v18.0) - 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