Carlo Caparruva formed Midtown in 2018 and merged with Principals of the Remax Select Group in 2019. The Midtown Platform incorporates transaction, management, advisory and financial services with alternative investment initiatives. As of 2019, Midtown has executed equity positions in Real Estate, Food Products and Service Companies. In his real estate brokerage business, he has grown his commercial groups to 16 locations in multiple states with over comprising 36 million SF in GLA.
Carlo began his Commercial Real Estate career when first graduating High School, working as an HVAC assistant for Alfieri LLC, a New Jersey Based Office Developer. It was his employment in the Marketing Department of Marriott International that opened his eyes to the ins and outs of the commercial real estate business. However, it was his employment at Fidelity Land Development that he credits as his “Graduate School”. He has risen through the ranks as a Broker, Asset/Property Manager, VP of Leasing/Acquisitions, Developer and Principal working with some of the nation’s largest landlords, tenants and funds. His aggregate transactions have comprised in excess of $3 Billion in Lease, Sale, Development and Financial transactions throughout the United States. In 2020, Carlo will have been in the commercial real estate industry in 5 different decades.
His personal Leasing and Sales portfolio comprises some 30 million square feet of GLA in 33 states. His past portfolios included Fidelity Land Development’s 6 million square foot owned, managed and leased portfolio of Institutional Retail, Office, Medical and Industrial from Massachusetts to Florida, a 700 unit National land portfolio as well as a 1 million square foot Supermarket Anchored portfolio in Northern and Central New Jersey anchored by ShopRite. A client/tenant sample includes Albertsons Companies, Wakefern, LA Fitness, TJX Companies, Suburban Propane, Vertical Bridge Holdings, Investcorp, Panera Bread, Davita Dialysis, ING Funds, Gramercy Trust, Cole Investments and others. Carlo has won a number of corporate and industry awards, including CoStar’s Power Broker and Real Estate Forum’s Top 100 National Broker Award. He was named to the New Jersey Governor’s Task Force to Combat Organized Retail Theft and represented the International Council of Shopping Centers as a pro bono Lobbyist and Political Action Committee Chair in New Jersey.
Mr. Caparruva has been involved in a number of youth programs over the years coaching and sponsoring Pop Warner Football and Girls Softball Programs in Union, Essex and Morris Counties in New Jersey. He gives to Health, Education and Art based causes in the Essex County, New Jersey area.
EDUCATION, LICENSURE & ORGANIZATIONS
Upsala College – East Orange, NJ BA
Association of Government Relations Professionals
Licensed Real Estate Broker– NJ
International Council of Shopping Centers
Upsala College Foundation
SAMPLE CLIENTS /TRANSACTIONS
Proof Premium Alcohol Ice Cream
Public Service Electric & Gas