Our Team

 
 

David Ritchay

Senior Vice President - Development Service Administration

Office:  Louisville, KY | Fond du Lac, WI

Focus: Oversees the daily operations of the Development Group as well as assisting Commonwealth’s developers with closing and converting projects. Asset management focusing on financial positioning and year 15 planning.

Experience: BA in Geography for the University of Massachusetts Amherst and a Masters of City Planning from MIT. Prior to joining Commonwealth, David was Executive Vice President of a non-profit housing organization.

Impressive Facts: He directed all housing production activities and financial consulting services, for a non-profit housing organization which led to the creation or preservation of more than 1,600 units of affordable housing with a capitalization of $150,000,000.

Fun Stuff: David enjoys carpentry, cooking, gardening and coaching his children’s sports team; but what gets him out of bed early is training for cross country ski marathons and mountain bike racing.

Commonwealth is not just about doing things well, but also about doing them right.

News/Happenings

What is Affordable Housing?

WHAT IS THE HOUSE TAX CREDIT PROGRAM? In 1986, the federal government implemented the Low-Income Housing Tax Credit Program (LIHTC),…
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Former Mandan Junior High School Provides Textbook Case in Affordable Housing

The former Mandan Junior High School has been transformed into 39 units of affordable housing. To celebrate the completion of…
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Commonwealth was quick to respond to any need, both large and small, throughout the entire building process. It might sound too good to be true, but all we did was tell them what we wanted and they did it. Very simple and no surprises. It is easy to see why Commonwealth is a rapidly growing company.

Brian Lenz, President , Lenz Sales & Service, Inc.