Executive Managing Director - Development
Peter Porraro is one of the founding partners of Mill Creek Residential. He currently serves as an Executive Managing Director and a member of the Mill Creek Investment Committee, with overall responsibility for development and construction in Mill Creek’s Northeast and Mid-Atlantic Regions, including Washington, D.C., Boston and the greater New York City metropolitan area. Prior to this role, Mr. Porraro served as Senior Managing Director for Mill Creek, responsible for development and construction activities from Philadelphia to Boston. Mr. Porraro and his teams have developed and built more than 7,000 apartment homes with a capitalization over $2.2 Billion.
From 2003 to 2010, Mr. Porraro served as the Senior Managing Director for Trammell Crow Residential for the New Jersey and Pennsylvania region. Prior to joining Trammell Crow, from 1994 to 2003, he was the Director of Acquisitions and Equity Investments for Real Estate Capital Partners (RECP). In this role, he oversaw joint venture equity investments for apartment developments nationwide and was responsible for the new acquisitions of apartment and industrial properties. Prior to joining RECP, he was a Partner and Chief Financial Officer for a family-run construction company.
Mr. Porraro received a Bachelor of Arts in Political Science from Drew University and earned a Master of Science in Real Estate Finance and Investment from New York University. He is a member of the New Jersey Builders Association (NJBA), a founding member of New Jersey Mixed-Use Developers, an affiliate of NJBA, a member in the Urban Land Institute (ULI), National Multi Housing Council (NMHC), and is a licensed New Jersey Realtor.