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Raymond V. Jones

With a distinguished career spanning both single-family and multifamily residential development, Ray Jones is one of the Charlotte area’s best-known real estate developers and investors. He spent 44 years building an impressive real estate resume that culminates with his work for Summit Properties, a group that grew during his tenure to become one of the Southeast’s largest developers and operators of luxury garden multifamily apartment communities. Ray joined Summit in 1984 as managing partner, a position he held for ten years. In 1994 the group went public, becoming a real estate investment trust (REIT) publicly traded on The New York Stock Exchange. From this point until his retirement in 1998, Ray served as Summit’s executive vice president. During his 14 years with Summit, Ray oversaw the development of nearly 30,000 apartment homes in 26 communities across Georgia, North Carolina, South Carolina and Ohio.


Prior to 1984, Ray served as general operations manager for the Charlotte and Houston divisions of Ryan Homes Inc., overseeing the development of thousands of single-family and multifamily homes. His college years were spent at George Washington University, where he earned a degree in political science. Today, Delray Ventures is fortunate to have Ray as a valued part of the development team, assisting in the approval of new development opportunities and solicitation of financial partners. He currently resides in Kiawah Island, South Carolina, with his wife of 45 years, Kate. Ray can usually be found playing tennis or biking around the island.

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