While a student at Northeastern University, Ricky Beliveau took a real estate finance class that opened his eyes to the opportunities available in real estate investing and development. Beliveau, owner of Volnay Capital and Volnay Management and a partner in V10 Development and EVO Real Estate Group, has worked in the industry for 11 years. His firms develop both for-rent and for-sale properties throughout Massachusetts. Over the past two years his companies have permitted over 1,100 units.
“We have learned more and more about each neighborhood and city we develop in over the years,” Beliveau says of his team. “We feel it really takes becoming entrenched in a neighborhood to really understand the ins and outs of that area.”
During the first six years of building his business, Beliveau also worked as an analyst at Wellington Management. The experience taught him the importance of communication and accountability in business, core values he puts to work each day. Known for building high-quality products and standing behind their work, Beliveau and his team recently earned approval to develop “SKY” in Everett, a 21-story development featuring 385 luxury rental units, roof decks and a stunning rooftop restaurant with sweeping views of the Boston skyline.
“I truly believe you are only as strong as the people you surround yourself with,” says Beliveau. “Without the team I have around me, we would not be able to have accomplished everything we have up to this point.”
To give back, Beliveau sits on the boards of the For Kids’ Sake Foundation, an organization that raises funds to help end pediatric cancer, and the East Boston YMCA. Outside of work, he plays golf and loves spending time with his family.