Leaders of Influence: Residential Brokers – Jay Ray and Stephen Schaefer.



Jay Ray and Stephen Schaefer
Schaefer & Luchs

Jay Ray may be widely regarded as a leading commercial real estate broker, but many may not know that he is also rapidly becoming just as prominent in the luxury residential real estate industry. Luches partnered with Stephen Schaefer and co-founded Newmark Residential. Born and raised in Maryland, Luches and Schaefer have a simple mission: serve Luches’ existing client base and provide unrivaled strategic planning and negotiation services for home sales and leases. This year alone, the duo has had several notable sales, including: the sale of Justin Bieber’s Beverly Hills home for $ 8 million, the mansion of NFL legend Tony Gonzalez in Beverly Hills for $ 21.5 million, Will Arnett’s contemporary in Beverly Hills for $ 8 million. as a contemporary masterpiece by Jared Pobre and Stacy Keibler at Troughsdale for $ 15.2 million.

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