David Peete
President and Partner, B.M. Smith & Associates, Inc.
Arlington, VA 22204
David offers knowledge of real estate investment and management.
Phone (703) 920-2200
David offers knowledge of real estate investment and management.
Property Types
Retail
Markets
Chicago, Washington, DC
Bio
Spanning a professional management career of over 30 years, David offers knowledge of real estate investment and management, with a particular focus on senior housing, marketing, and the effective use of technology for operations and project management.
David and his brother Edward are partners of BM Smith, a real estate investment and management company founded in 1908 by their grandfather. They also are partners in the management of the Smith family properties, managed through BM Smith. David is currently serving as President of BM Smith.
David is also one of the capital sponsors and guarantors for Mascia Development, LLC’s investment activities. Additionally, he co-manages many of the family’s real estate partnerships and trusts.
Prior to his full time involvement at BM Smith, Mr. Peete pursued a successful career at Sunrise Senior Living, a national and international leader in senior housing with over 450 properties under management, many of them also owned and developed by the firm. During his tenure Mr. Peete first served as an Executive Director and was then promoted to Vice President of Marketing. Later he served as Vice President of Knowledge Management, overseeing the establishment of technology-based operating systems for management of properties and staff development. Sunrise was acquired by Ventas, a public REIT (NYSE:VTR).
Mr. Peete was also the founder of Assisted Living University and a Senior Vice President of Acacia Living. Both firms focused on information technology as key to effective education and care management within the senior community. David was closely involved in business development, marketing, technology, and operations on a day-to-day basis in both of these ventures.
David is a recipient of the National Associate of Home Builders 2004 “ICON of the Industry Award” as well as over 35 national and international awards for multi-media, education-based communications and program development throughout the senior living industry.
Mr. Peete has been an active member of the Washington Forrest Foundation board of directors since 1996 as part of his long-standing commitment to the Smith family tradition of community involvement and investment in Northern Virginia. He is presently Vice Chair of the Foundation. He also serves as Vice Chair on the Board of Directors for the Columbia Pike Revitalization Organization (CPRO).
Mr. Peete is married and the father of three children. He coached community-based youth soccer and tennis teams in Fairfax, VA from 2003-2010.
David holds an undergraduate degree from Tufts University and a Masters in Public Health (MPH) from Yale University.
