David Ritchay

Senior Vice President - Asset Management

Office:  Louisville, KY | Fond du Lac, WI

Focus: Oversees Commonwealth’s Asset Management department with a focus on four areas: Lease-up and stabilization of new properties; timely equity installments; performance of the stabilized portfolio; 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

Four Projects Awarded Financing Through FHLB-Chicago’s AHP Program

Commonwealth is grateful and proud to have four Wisconsin projects receive financing through FHLB-Chicago’s AHP program, totaling close to $2.9…
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Historic Apartments on 4th Wins ND Main Street Award

What an honor to have our Historic Apartments on 4th apartment community win the North Dakota Main Street Award in…
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Commonwealth has been extremely professional and courteous to the staff and the residents still living in our facility. They exceeded our expectations during the construction project as well as during the renovation of a 1923 school. Both projects have turned out to be beautiful and successful for our community.

Nancy McKenzie, Executive Director , Rhinelander Housing Authority