Real Brokerage Appoints Ravi Jani as New CFO Amid Internal Investigation

Company - People | Apr 24, 2025 | EIN

Real Brokerage Appoints Ravi Jani as New CFO Amid Internal Investigation

The Real Brokerage has appointed Ravi Jani as its new Chief Financial Officer following the termination of his predecessor, Michelle Ressler, due to an ongoing internal investigation. Jani joined Real in September 2023 as Vice President of Investor Relations and Financial Planning and Analysis and has quickly ascended within the company. Real Brokerage has undergone significant growth, expanding its agent base from approximately 12,000 to over 27,000 across North America. Jani brings a wealth of experience from previous roles at Blade Air Mobility Inc., Citadel LLC, and Anchor Bolt Capital LP. His background in investment banking at Bank of America and Moelis & Co. underpins his expertise in capital markets, financial strategy, and investor engagement. As CFO, Jani aims to drive growth, expand margins, and create long-term value. Despite ongoing concerns related to former CFO Ressler, Real's leadership expresses confidence in Jani's ability to lead the financial strategy.

Sectors

  • Real Estate
  • Financial Services

Geography

  • North America – Real Brokerage's expansion and operations span across North America, marking it as a key geographic focus.

Industry

  • Real Estate – The Real Brokerage operates within the real estate sector, managing a significant network of agents across North America.
  • Financial Services – Ravi Jani's experience and the Real Brokerage's operations encompass financial strategy and capital markets, integral components of financial services.

Financials

    Participants

    NameRoleTypeDescription
    The Real BrokerageTarget CompanyCompanyA rapidly growing real estate firm expanding its agent network across North America.
    Ravi JaniChief Financial OfficerPersonRecently appointed CFO of Real Brokerage, bringing extensive experience in financial services and strategic planning.
    Michelle ResslerFormer Chief Financial OfficerPersonTerminated amid an internal investigation, previously acted as CFO of Real Brokerage.
    Tamir PolegChairman and CEOPersonChairman and CEO of Real Brokerage, endorsing Ravi Jani's appointment as CFO.
    Bank of AmericaFormer Employer of Ravi JaniCompanyWhere Ravi Jani started his career in investment banking.
    Moelis & CoFormer Employer of Ravi JaniCompanyAn investment banking company where Ravi Jani gained early career experience.
    Blade Air Mobility Inc.Previous Company of Ravi JaniCompanyA company in which Ravi Jani held a leadership role in investor relations.
    Citadel LLCPrevious Company of Ravi JaniCompanyA global financial institution where Ravi Jani worked as an investment analyst.
    Anchor Bolt Capital LPPrevious Company of Ravi JaniCompanyA firm where Ravi Jani served as an investment analyst.
    Larry KlaneBoard MemberPersonA Real board member and lead independent director, expressing confidence in Ravi Jani's capabilities.