John Carrafiell | |
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Born | John Anthony Carrafiell March 8, 1965 |
Alma mater | Yale University |
Title | Co-CEO of BentallGreenOak |
John Carrafiell (born March 8, 1965) is an American businessman and real estate investor and the Co-CEO of BentallGreenOak.
Carrafiell received his B.A. from Yale University in 1987. [1]
Carrafiell joined Morgan Stanley in 1987 [2] and held various management positions there from 1994 to 2009 including: Head of Acquisitions for Morgan Stanley Real Estate Funds’ European Investment Program (1994); [2] Head of Morgan Stanley’s European Real Estate Group (1995); [2] Managing Director (1999); [2] Global Co-Head the Morgan Stanley Real Estate Division and member of the Investment Banking Operating Committee(2005); [2] President of the Special Situations Fund III (2006); [3] and Senior Advisor (2009). [4]
In 2004, after the Morgan Stanley-led £1.7 billion takeover of Canary Wharf, [5] Carrafiell became a member of the board of Canary Wharf, Chairman of the Audit Committee and member of the Operating Management Committee. Carrafiell formed Alpha Real Estate Advisors in 2008 [6] which advised Songbird Estates PLC (controlling owner of Canary Wharf) in its £1.03 billion recapitalization. [7]
In 2010, Carrafiell co-founded GreenOak Real Estate, a private equity real estate firm with investments in the United States, Japan, the UK and Spain. [8] [9]
In 2019, Carrafiell's GreenOak merged with Bentall Kennedy to become BentallGreenOak. In July 2021 the firm became BGO, where Carrafiell remains co-CEO and is also board director. [10] [11] [12] BGO is a real estate investment firm with $83 billion in assets across 13 countries. [10] [13] Carrafiell follows an investment thesis based on traditional real estate judgement blended with data analytics, which has been increasingly effective in predicting trends in various real estate markets. [14] [10]
In 2021, Carrafiell joined the board of Lineage Logistics, the world's largest company providing refrigeration logistics. [15]
Carrafiell is currently serving on the Supervisory Board of Klepierre. [16]
He previously sat on the Management Board of the European Public Real Estate Association (EPRA) [17] and on the Supervisory Boards of Corio [16] and Deutsche Immobilien Chancen Group. [18] Carrafiell also served as a Trustee of the Urban Land Institute [19] and as a Director of the Canary Wharf Group [20] and Grupo Lar. [21]
Carrafiell has established scholarship and teaching funds to support students, teaching, and research at the Yale School of Architecture. [1] He also established a scholarship fund for the Yale School of Art. [22] He is a member of the Yale School of Architecture Deans’ Council. [23]
Carrafiell is a supporter of the Ever Episcopal Campaign [24] and is a member of the Tate Modern (London) Acquisitions Committee. [25]
In 2024, he contributed part of $25 million in funding for the Institute of Contemporary Art, Miami to acquire the former site of the neighboring De la Cruz Collection. [26] [27]