Declaration

Ray Ritchey, Senior Executive Vice President at Boston Properties

Episode Speakers

Todd Rich

Host

Ray Ritchey

Senior Executive Vice President at Boston Properties

Strategies Mentioned

Private InvestmentsReal Estate

In this episode of declarations., Host Todd S. Rich sits down with Ray Ritchey, Senior Executive Vice President at Boston Properties, for a wide-ranging conversation reflecting on career, leadership, and gratitude. Ray shares the principles that have guided his professional life, from his early years shaped by family and the Naval Academy to decades building and stewarding long term relationships in real estate. The conversation explores how discipline, patience, and values carried from military service translated into business success, as well as the importance of mentorship and reputation over time. Ray also reflects on legacy, philanthropy, and why staying engaged and purposeful matters at every stage of life.

They discuss:
• Ray’s declaration of gratitude and how it shaped his personal and professional decisions
• Lessons from the Naval Academy and how military discipline influenced leadership in business
• The difference between brokerage and ownership and why long term partnerships matter
• Building a career by playing the long game and consistently investing in personal reputation
• Giving back through mentorship and philanthropy, including the impact of the SED Center

Topics:
(00:00:00) – Intro
(00:02:56) – Ray’s early life and influences
(00:05:40) – Journey to the Naval Academy
(00:10:16) – Transition to real estate
(00:32:49) – Tenant preferences and new developments
(00:35:18) – Challenges and strategies in real estate investment
(00:45:16) – Washington DC real estate market
(00:51:06) – Personal insights and career advice
(00:54:00) – Philanthropy and community impact
(00:58:40) – Looking ahead: legacy and future goals
(01:00:41) – Closing thoughts and reflections

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This podcast (“Podcast”) is provided for discussion and informational purposes only, for use by Declaration Partners LP together with its affiliates referred to as (“Declaration”) and should not be considered investment, legal, or tax advice. Past performance is not indicative of future outcomes. This Podcast does not constitute an offer to sell or the solicitation of an offer to purchase any investment product or any interest in the Fund or any other investment vehicles or accounts managed or advised by Declaration. Investing involves a certain degree of risk, including the risk of loss. This Podcast may contain certain forward-looking statements, which may not materialize. No compensation has been awarded to any speaker for statements made that are either testimonials or endorsements. However, certain speakers may be current or former investors in certain Declaration investment products and may receive reduced fees, priority terms, priority access, co-investment rates, among other preferential treatment, which may pose a conflict of interest. Certain speakers may also be affiliates and/or service providers that receive compensation from Declaration for services provided in their service provider capacity but have not been compensated specifically for any testimonials or endorsements made herein. The views expressed in this podcast by either the guest speaker or the host are their own and may not reflect the views of their firm, Declaration, or their respective affiliates. The information discussed in this Podcast may change at any time without notice, and there is no duty by Declaration to update any person to whom this information is provided. Neither the US Securities and Exchange Commission nor the securities regulatory authority of any state or other jurisdiction has passed upon the accuracy or adequacy of this Podcast.

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