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Felice Development Group

2–10 employees 3 principals

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Last updated 1w ago

About Felice Development Group

Felice Development Group is a real estate operator. Felice Development Group operates in Orlando, Florida and Washington DC. Its investment focus is on Condominiums, Historic Tax Credits and Multifamily - Core.

Felice Development Group, LLC (FDG) is a real estate development firm founded in 2019 and based in Arlington, VA. The company employs 2–10 staff and is led by Rick Felice (26 years in development) and Larry Clark (30 years in development). FDG manages all phases of development—from land acquisition and entitlements to financing, design, and construction management—specializing in residential and mixed‑use projects. The leadership team represents approximately 55 years of combined experience, delivering over 7,000 residential units and 2 million ft of commercial space.

Principals at Felice Development Group

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3 principals on file

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Recent activity at Felice Development Group

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Felice Development Group's project portfolio

1 project on file · Mixed-Use (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Felice Development Group operates in

  • Orlando, Florida
  • Washington DC

Investment themes at Felice Development Group

  • Condominiums
  • Historic Tax Credits
  • Multifamily - Core
  • Multifamily - Ground-up
  • Multifamily - Value-Add
  • Office-to-Residential
  • Placemaking
  • Workforce Housing

Capabilities

  • Asset Management
  • Environmental Remediation
  • Mixed Use
  • Sustainability
  • Transit-oriented development
  • Urban infill

Operators similar to Felice Development Group

  • Strada Investment Group
    Mid-market tierOffice-to-ResidentialPlacemaking+5 more themes
  • Capital City Real Estate
    Mid-market tierWashington DCHistoric Tax CreditsMultifamily - Ground-up+3 more themes
  • Vive Development
    Mid-market tierHistoric Tax CreditsMultifamily - Core+4 more themes
  • Revesco Properties
    Mid-market tierOffice-to-ResidentialPlacemaking+4 more themes
  • Cypress Equity Investments
    Mid-market tierWashington DCMultifamily - CoreMultifamily - Ground-up+2 more themes
  • Somerset Development Company
    Mid-market tierWashington DCHistoric Tax CreditsMultifamily - Ground-up+2 more themes
  • Cabot, Cabot & Forbes
    Mid-market tierWashington DCPlacemakingMultifamily - Core+2 more themes
  • Erkiletian
    Mid-market tierWashington DCMultifamily - Ground-upWorkforce Housing+2 more themes
  • Highpoint Property Group
    Mid-market tierHistoric Tax CreditsMultifamily - Core+3 more themes
  • SteeleHarbour Capital Partners
    Mid-market tierOrlando, FloridaWashington DCMultifamily - Ground-upWorkforce Housing+1 more theme

Frequently asked questions about Felice Development Group

What does Felice Development Group do?
Felice Development Group, LLC (FDG) is a real estate development firm founded in 2019 and based in Arlington, VA.
What markets does Felice Development Group operate in?
Felice Development Group is active in Orlando, Florida and Washington DC.
How many employees does Felice Development Group have?
Felice Development Group has 2–10 employees.
Felice Development Group cover image

Felice Development Group at a glance

Tier
Mid-market
Operator type
Developer, Owner
Headcount
2–10
Units owned
1,000-5,000
Units managed
5,000-10,000
Property mgmt
Self-Managed
Markets
2
Principals
3

Contact Felice Development Group

4201 Wilson Blvd., Suite 300 Arlington, VA 22203
www.felicedevelopmentgroup.com