William Raveis Real Estate, Mortgage & Insurance, the largest family-owned real estate brokerage company in the Northeast, has named two scions as co-presidents. Chris Ravies will serve as president of residential sales and Ryan Raveis will be president of the company’s mortgage arm.
In 2003, Chris Raveis spearheaded the initiative to expand William Raveis Real Estate outside its home state of Connecticut. Since then, he established 74 additional offices in seven states throughout the Northeast, which in 2015 yielded $4.4 billion in closed sales.
Since rejoining the family business in 2005, Ryan Raveis has helped grow production at William Raveis Mortgage from $195 million, to $1.1 billion, the company said in a statement, by focusing on long-term, sustainable development. In 2014 and 2015, he was recognized as one of the Top 100 most influential mortgage executives in America by Mortgage Executive Magazine.
Over the past 42 years, William Raveis Real Estate has grown from a single office over a grocery store in Connecticut to a family enterprise with 120 offices, $9 billion in real estate sales annually, $10 billion in mortgages and more than 6,000 insurance customers.
Bill Raveis will continue in his role as chairman and CEO of the company.
