Mr. Castafero is the founder and managing partner of CREA Group. He has over twenty-five years of commercial real estate finance and development experience. The CREA Group provides financing alternatives and owner' representation construction services for commercial properties.
Formerly, Mr. Castafero was a regional Director of Corporate Real Estate and Senior Manager, for Ernst & Young LLC, where his advisory/consulting included: financing, construction, strategic real estate planning, asset management, disposition/acquisition, and repositioning assets. He was also president of the commercial realty group at Binswanger Company International.
Mr. Castafero was SVP at O’Neill Properties and Regional Partner for the LCOR Company, a national real estate developer. He oversaw the acquisition, financing, and development efforts at both companies for multiple projects in portfolios totaling over three billion dollars. He provided strategic direction for investments including the structuring & negotiation of many joint ventures with private equity partners.
Earlier in his career, he was a lender with a regional bank (now Wells Fargo) and then with Fidelity Mutual Life Insurance Company where he held various positions and originated loans across the nation. He was also the key liaison to co-owned Balcor, a national real estate syndicator.
Over the years, Mr. Castafero has participated in several industry groups, including Mortgage Bankers Association (MBA), Urban Land Institute (ULI), National Association of Office Industrial Parks (NAIOP), National Association of Realtors (NAR), Building Owners and Managers Association (BOMA) and others. Mr. Castafero earned a BS and MBA from the University of Delaware.