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. 

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Kislak’s Scheinerman completes off-market sales in Bergen County for $15.725 million

January 24, 2020

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