Carrafiell co-founded BGO where he served as the senior managing partner for UK and Europe from July 2019 to June 2021. Prior to that, he was a co-founder of GreenOak Real Estate, a firm that he helped lead from 2010 to 2019 prior to merging with Bentall Kennedy to become BentallGreenOak. Prior to that, Carrafiell was at Morgan Stanley Real Estate from 1987–2009; where he was head of European real estate from 1995 and the global co-head of real estate and a member of the global investment bank’s operating committee from 2005.