40 Under 40: Alan Cafiero
What is your most notable project, deal or transaction? Sold NNN BP Lubricants, USA HQ in Wayne, NJ We marketed the property on behalf of the seller, a family office, and generated over 10 written offers on the property from all areas of the country. We ended up closing the deal with a local buyer in a 1031 exchange who assumed the seller’s existing mortgage. Final price was $19,200,000, which translated into a 6% Cap Rate.