John Carrafiell

Last updated
John Carrafiell
Born
John Anthony Carrafiell

(1965-03-08) March 8, 1965 (age 59)
Alma mater Yale University
TitleCo-CEO of BentallGreenOak

John Carrafiell (born March 8, 1965) is an American businessman and real estate investor and the Co-CEO of BentallGreenOak.

Contents

Education

Carrafiell received his B.A. from Yale University in 1987. [1]

Career

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]

Directorships

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]

Philanthropy

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]

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References

  1. 1 2 "Endowment and Term Funds". Yale University Bulletin. Retrieved 10 August 2015.
  2. 1 2 3 4 5 "Owen D. Thomas Named President of Morgan Stanley Investment Management". Morgan Stanley. Retrieved 10 August 2015.
  3. ↑ Ali, Marie. "Morgan Stanley Real Estate Raises Additional $2.5 Billion of Equity Commitments for Special Situations Fund III". Morgan Stanley. Retrieved 10 August 2015.
  4. ↑ Marriott, Robin. "EUROPE NEWS: Carrafiell's new dawn". PEI Real Estate. Retrieved 10 August 2015.
  5. ↑ "Business profile: Property player looks for extended West End run". The Telegraph. Retrieved 10 August 2015.
  6. ↑ "Ex-M.Stanley bankers launch new property venture". Reuters. 2 August 2010. Retrieved 10 August 2015.
  7. ↑ "PROPOSED PLACING AND COMPENSATORY OPEN OFFER, ISSUE OF PREFERENCE SHARES AND NEW CREDIT FACILITY (THE "FUNDRAISING") TO RAISE £1.03 BILLION". Morning Star. Retrieved 10 August 2015.
  8. ↑ "At Last The Calm" (PDF). Wall Street Oasis. Retrieved 10 August 2015.
  9. ↑ "Spain Property Buyers and Sellers Haggle Out a Price". The Financial Times. 23 June 2014. Retrieved 10 August 2015.Green Oak was ranked 19th in the annual PERE 50 ranking of private equity real estate firms in 2014.
  10. 1 2 3 "BGO's John Carrafiell On Leveraging Data to Manage Complexity". Commercial Observer. 2024-02-20. Retrieved 2024-12-22.
  11. ↑ "EXCLUSIVE: John Carrafiell talks in-depth as new co-CEO at BentallGreenOak". Institutional Real Estate, Inc. Retrieved 2024-12-22.
  12. ↑ "BentallGreenOak adds co-CEO". Pensions & Investments. 2021-07-01. Retrieved 2024-12-22.
  13. ↑ Barreto, Sergio (2024-09-18). "BGO raises €2bn for European investment program". Alternatives Watch. Retrieved 2024-12-22.
  14. ↑ "Amy Price, Sonny Kalsi and John Carrafiell". Commercial Observer. 2024-05-09. Retrieved 2024-12-22.
  15. ↑ "Lineage Logistics Raises $1.9 Billion in New Equity to Fund Investment in Global Network Capacity and Industry-Leading Technology". Financial Post. March 11, 2021. Retrieved December 22, 2024.
  16. 1 2 "Recommended exchange offer for Corio: Update on Settlement" (PDF). Klepierre. Retrieved 10 August 2015.
  17. ↑ "Annual Report 2007" (PDF). EPRA.
  18. ↑ "GESCHÄFTSBERICHT 2005" (PDF). DIC. Retrieved 10 August 2015.
  19. ↑ "Nothing is Certain But Debt and Taxes" (PDF). ULI Europe. Retrieved 10 August 2015.
  20. ↑ "TERMS OF REFERENCE As approved by a Resolution of the Board passed on 10 September 2004 and amended on 21 March and 4 December 2007" (PDF). Canary Wharf Group Plc. Retrieved 10 August 2015.
  21. ↑ Mesones, Javier. "El exMorgan Stanley John Carrafiell se deja seducir por el negocio de las socimi en España". Vozpopuli. Retrieved 10 August 2015.
  22. ↑ "LEGENDARY GROUP UNDERGROUND RESISTANCE WILL KICK OFF MOMA PS1 RESIDENCY PROGRAM WITH A RARE PERFORMANCE AS PART OF SUNDAY SESSIONS ON DECEMBER 14" (PDF). MoMA. Retrieved 10 August 2015.
  23. ↑ "John Carrafiell - Corio NV Insider". Macro Axis. Retrieved 24 May 2016.
  24. ↑ "The Final Report on the Ever Episcopal Campaign" (PDF). episcopalacademy.org.
  25. ↑ "Tate Report 2013/14". Tate. Retrieved 10 August 2015.
  26. ↑ "Mullen, Witkoff Back Miami Museum's $25 Million Building Deal". Bloomberg.com. 2024-10-15. Retrieved 2024-12-22.
  27. ↑ Candid. "Funders back $25 million Miami contemporary art museum expansion". Philanthropy News Digest (PND). Retrieved 2024-12-22.
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