Mr. David DiMarco is the Director of National Capital Reserves at The Falcon Group. He is an accomplished leader with extensive experience in the hospitality industry, specializing in managing large-scale facility, renovation, and construction projects with a focus on sustainable, value-driven outcomes. His expertise includes developing RFPs, conducting reserve studies, preparing capital improvement plans, and negotiating with vendors and contractors. He has also served on various HOA, condominium, and CDD boards, providing strategic insight and governance support.
In his current role as Director of National Capital Reserves at The Falcon Group, Mr. DiMarco provides technical guidance through property assessments, financial analysis, and reserve study reports, ensuring compliance with industry standards and regulations. His commitment to excellence guarantees high-quality deliverables and the successful execution of each project. He is also responsible for overseeing and preparing reserve studies, including complex vacation ownership entities, for condominiums and HOAs—a role he has excelled in for over 13 years.
Mr. DiMarco is experienced in campus and tower-type projects and plays a key role in acquisition due diligence, including PCA oversight and reserves analysis. He collaborates closely with construction and design teams to define project scopes, schedules, and conduct bid analyses, ensuring seamless project execution. Additionally, he is proficient in preparing both traditional reserves and Structural Integrity Reserve Studies (SIRS), contributing to comprehensive financial planning and structural safety.
A strategic thinker with strong quantitative, financial, and analytical skills, Mr. DiMarco provides financial strategic support to senior leadership by preparing financial presentations, conducting reserve analyses, and evaluating investment and cash flow requirements. He has exceptional interpersonal skills, building strong relationships with various association boards of directors and effectively presenting project scopes and estimated budget approvals to multiple boards annually. His adaptability to rapidly changing conditions, expectations, and goals further underscores his leadership and strategic decision-making abilities.
Welcome to the Falcon team David!
