Vice president, Acquisitions and Development
Peter Colarulli is Vice President, Acquisitions and Development for Snell. Peter leads acquisitions, oversees renovation and new development projects, and asset manages various properties.
At Snell, Peter led the acquisitions of The James and Elysium Fourteen both of which were 1031 transactions. The James is a brand new 236-unit apartment building located in Annapolis, Maryland. Elysium Fourteen is a mixed-use property that includes 56 Class-A apartment units and more than 20,000 square feet of ground floor retail and is located in the 14th Street corridor of Washington, DC.
Peter directed renovations in more than 1,500 units including Dominion Apartments, a mixed-use, historic tax credit rehabilitation project and The Graham at Southern Towers, an occupied high-rise apartment. He oversaw the master planning and rezoning of Southern Towers that added 400,000 square feet of mixed-use density to the site.
Prior to working for Snell, Peter worked for CWCapital in their REO group where he managed a national portfolio of multifamily properties and oversaw the strategy, operations, and dispositions of those assets. Peter began his career at The Bozzuto Group where he had roles in their Acquisitions Company and in their Construction Company.
Peter received a Bachelor’s degree from Amherst College and a Master’s in Business Administration from the University of Cambridge’s Judge Business School.Peter also sits on the Board of Trustees for the Scholarship Fund of Alexandria.