Our Team
President
Rick founded Felice Development Group in 2016, where he is responsible for firm’s strategic planning, oversight of all development and construction management projects, and is instrumental in all transaction negotiations. Under his leadership, FDG is involved in several high profile residential and mixed-use projects throughout the Mid-Atlantic region. Additionally in 2021, he successfully expanded FDG into the East Coast markets of Florida, North Carolina, and New Jersey. Rick has over 26 years of construction and development experience, which he utilizes to lead all phases of development from site analysis, entitlements, transactions, design, and construction. He takes a proactive and creative approach to add value through creative transaction strategies and thoughtful design, while applying his vast experience in construction methods.
Rick began his career in the field with general contracting and utilizes his depth of experiences and deep-rooted understanding of the industry, particularly in the Mid-Atlantic market. He has delivered many complex projects spanning a wide array of multifamily construction types and developments, including more than 3,000 Type I units, over 2,000 Type III/V units, and 2M square feet of commercial construction, as well as an extensive portfolio of historic renovation projects.
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Rick Felice
VP, Development
Larry has over 30 years of development experience in the DC metro area. Prior to joining FDG, he was Vice President/Company Officer for a leading DC developer where he was a key contributor to many complex mixed-use developments in the region. His project portfolio consists of more than 2,000 completed units and 100,000 SF of tenanted retail space in the DC metro area. Larry’s work focuses on building FDG’s portfolio by identifying new projects and opportunities. His responsibilities include site identification, acquisition, project design, entitlements, construction supervision, consultation, and relationship management.
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Larry Clark
Jason Vann
Senior Construction Manager
Jason has been in the construction industry for nearly 20 years where he’s performed and overseen project field operations. For FDG, Jason brings his depth of knowledge into managing design phase activities, including estimating, procurement, and value management propositions, as well as managing construction execution and delivery. He is thoroughly familiar with construction information processes, documenting/tracking progress, contractor supervision, and coordination, reviewing schedules, negotiating change orders, budget control, administering quality assurance, and closeout processes. Jason offers experience engaging with Owners and developing relationships with third-party contractors to ensure the most cost-effective, successful project completion.
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Senior Development Manager
Hermon brings more than 15 years of experience in the construction and real estate development industry, beginning in multi-family construction and progressing to construction management. He has overseen the execution of mixed-use, wood-framed structures and supporting infrastructures, while establishing strong relationships with Owners, lenders, GCs, legal teams, third party and design consultants, subcontractors and vendors, marketing teams, government officials, and safety. At FDG, Hermon offers expertise in all phases of development and construction, including preconstruction/estimating, contracts and constructability, as well as management of construction execution such as Owner and Capital Partner communications, budget control, managing change orders, payment applications, and third-party contractors.
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Hermon Jayne
Tim Warnecke
Construction/Development Manager
Tim brings a variety of skill sets to Felice Development Group, utilizing previous roles as project scheduler and project manager, as well as experience in the law industry. He has developed knowledge in all aspects of construction phases from preconstruction and scheduling to managing subcontractor submittals and change orders. At FDG, Tim provides experience at many levels of construction management, including subcontractor scope review, contract buyout, and scheduling, as well as design coordination between subcontractors, third party consultants, and design teams to ensure timely and successful project delivery. He also forecasts project budgets and conducts financial analysis to provide cost management solutions for Owners, in addition to Owner updates and progress reports. Tim also provides assistance to help drive development opportunities forward.
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Chief Communications & Operating Officer
Diane offers more than 17 years of marketing and design expertise, with experience working in both the private and public sectors, including large healthcare systems, public school districts, and a major public relations/advertising firm with national clients such as Kellogg, Hershey, and Unilever. At FDG, she oversees all company branding, marketing, communications, strategy and implementation, as well as human resources, technology, and operational functions to support the company’s rapidly growing business. Diane contributed to the establishment and growth of FDG, gaining knowledge in all aspects of real estate development and construction. She continues to develop, implement, and manage many organizational initiatives and programs to ensure FDG’s successful daily operations and continued expansion.
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Diane Felice
