WHO WE ARE
Built on Partnership, Driven by Performance.
About DSM PARTNERs
DSM Capital Partners unites Marchetti Development and DSC Partners in a long-standing partnership that blends institutional experience with entrepreneurial vision.
ENDURING PARTNERSHIP
A Legacy of Excellence
For more than 60 years, the Marchetti family has helped shape Virginia’s commercial landscape, delivering over 2 million square feet across office, industrial, medical, and mixed-use projects. Known for creativity, craftsmanship, and pioneering developments—including Virginia’s first large-scale mass timber building—Marchetti Development exemplifies boutique agility.
DSC Partners, founded by DC real estate veterans Douglas J. Donatelli and Nicholas R. Smith, brings institutional discipline refined through their leadership at First Potomac Realty Trust. With $5 billion in transactions and 21.5 million square feet of commercial and multifamily assets managed, DSC provides financial rigor and strategic asset management expertise.
Together, DSM Capital Partners offers a rare advantage: institutional scale and resources paired with the speed, creativity, and hands-on approach of a boutique firm, enabling decisive execution and the delivery of lasting value.
WHO WE ARE
Management Team
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Previously, Mr. Donatelli was Executive Vice President of Donatelli & Klein, Inc., a real estate development and investment firm located in Washington, D.C., and President of D&K Broadcasting, which owned Fox network affiliated television stations.
Mr. Donatelli is active in numerous charitable and community organizations, including serving as Chair Emeritus of Catholic Charities of the Archdiocese of Washington, having served as Board Chair from 2012 to 2015. He also serves on the board of Higher Achievement, focused on enhancing educational opportunities for inner-city middle schoolers, and is former Vice Chair of the Kennedy Center Corporate Fund Board. He was named Trendlines TrendSetter of the Year in 2011, was named Man of the Year by the Boys and Girls Clubs of Greater Washington, and was a regional finalist for E&Y’s Entrepreneur of the Year. Mr. Donatelli received his Bachelor of Science degree in Business Administration from Wake Forest University.
Douglas J. Donatelli
PARTNER
ddonatelli@dscpartners.com
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Previously, Joe was the president of Hourigan Development, located in Richmond, VA. Under his guidance, the company earned a reputation for delivering innovative and sustainable developments that enhanced the communities in which they were located. Prior roles in commercial banking and investment sales honed his financial expertise, risk management, and equipped him with a solid foundation in assessing the financial viability of real estate ventures.
Joe is an active member of the central Virginia real estate community and serves on the local American Cancer Society Advisory Board. He also guest lectures real estate classes at his alma mater, the University of Virginia.
Joe Marchetti, III
PARTNER
joe@marchetti.dev
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He led First Potomac’s growth from four properties totaling 800,000 square feet in 1997, through its IPO and listing on the New York Stock Exchange in 2003, to become one of the largest and fastest-growing real estate companies in the Greater Washington region with a portfolio valued in excess of $2.5 billion.
Previously, Mr. Smith was Vice President of Donatelli & Klein, Inc., a real estate development and investment firm located in Washington, D.C. Prior to joining Donatelli & Klein, Mr. Smith was with Garrett & Smith, Inc., a real estate investment and development firm based in McLean, Virginia and Transwestern (formerly Barrueta & Associates, Inc.), a Washington-based commercial real estate brokerage and property management firm.
He currently serves on the boards of the National Committee to Preserve Social Security and Medicare in Washington, D.C., the Choral Arts Society of Washington, and the Castleton Festival in Rappahannock County, Virginia. He also serves on the Council of Advisors for the University of Maryland’s School of Architecture, Planning, and Preservation Graduate Programs in Real Estate. Mr. Smith is a graduate of the Catholic University of America.
Nicholas R. Smith
PARTNER
nsmith@dscpartners.com
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His decades of experience in the industry have spanned all phases of commercial real estate including marketing, development, site selection, asset management, leasing and sales. Joe’s proven leadership and work ethic has led real estate users, owners and investors to consistently seek his management and leasing expertise for a comprehensive perspective.
Joe Marchetti, Jr.
PARTNER
jpm@marchetti.dev
