News Archive

Duperron Group sells Oaks of Cypress Station

The Duperron Group sold their Texas portfolio of Multi-Family Rental Apartments in January 2015. After capitalizing on a weak US Dollar to purchase the property and engaging a knowledgeable US Property Management Company to overhaul the various buildings, the Duperron Group decided to take advantage of the now strong US dollar and sell the portfolio, allowing us to focus our investments in the Canadian market.

2013 – A Year in Review

December 16, 2013

2013 – the year that was…
The old year is fading, and the new is on the horizon. In 2013, The Duperron Group saw many exciting developments, and the continuation of success. With our various rental properties remaining occupied with wonderful tenants; the addition of Riverstone Residential Group taking over day to day operations at the Oaks of Cypress Station in Houston, Texas; our participation in a variety of charitable events, including Concrete Hero benefitting BC Cancer; and our President and CEO, Dean Duperron, speaking Keynote addresses at myriad conferences throughout the year, just to name a few.

We are proud to see the perpetuation of these successes into 2014, and look forward to the numerous new ventures into which the Duperron Group will be entering. Please stay tuned to our site for continuous updates as each enterprise is revealed in its own time.

It’s Pancreatic Cancer Awareness Month AND Movember!

Join us in supporting two very important causes
November 5th, 2013

November is a big month – the last month before the end of the year; the last month to get our holiday shopping done; and more importantly it is Pancreatic Cancer Awareness Month AND Movember. The Duperron Group takes great joy in our philanthropic efforts. We have contributed to raising significant funds to a cause very close to our hearts – Pancreatic Cancer Canada, and are in the process of raising money for Movember, which supports research and awareness of prostate and testicular cancer. You may have noticed purple lights glowing bright around your city lately – this is to light up the night and raise awareness of one of the most deadly and unforgiving cancers. If you are interested in more information or donating, please follow the link to the Pancreatic Cancer Canada website.

You may also have noticed men with clean shaven faces, slowly growing in a mustache – this is Movember, and these men are growing in just a mustache to raise money and awareness for men’s cancers. One of our own, Dave Desautels, has joined this group. If you are interested in more information, or donating to this great cause, please follow the link to Dave’s Personal Movember page.

Like us on Facebook, Follow us on Twitter!

October 7th, 2013

The Duperron Group has joined the 21st Century. Like us on Facebook here.

You can also stay up to date on all the events at our apartment complex in Houston by following @OaksofCypress or @OaksInstitute

Danielle Duperron raises funds for BC Cancer Foundation

Our very own Concrete Hero
September 30, 2013

At the Duperron Group, we feel that giving back is a very important part of being active members of our communities. We are so proud of one of our own, Danielle Duperron, for her participation in the Concrete Hero Vancouver. Concrete Hero is a 9KM obstacle race, benefitting the BC Cancer Foundation. In order to participate, runners must raise a minimum of $400. Danielle raised that, and more, personally raising $2,085.00, and helping her team of 8 raise $6,525.00, putting them in the Top 10 Fundraising teams overall.

Danielle also lent her support through a variety of media events raising awareness of Concrete Hero in an effort to garner more support and potentially more fundraisers. She was featured on The Rush on Shaw with Fiona Forbes, as well as the Tri City News. She truly is a Hero, not only for her generosity, but her tenacity, completing all 9KM and all obstacles, regardless of having sustained an injury during training.

Danielle and the rest of her team will be back in September 2014 to face the urban obstacle course all over again.

Tri Cities Now Newspaper: Poco Runner takes on Obstacle Course for Cancer
Shaw TV’s “The Rush” interview

Brenna Duperron of Supermom Parties is in the news!

September 24, 2013

The Duperron Group is a family run organization. As the next generation matures in their professional lives, it’s been fun to see how they’re shaping the world. Brenna Duperron saw a hole in the party market for little boys, and being the daughter of entrepreneurs, decided that she would create a company to fix that. With the help of Simon Fraser University’s Venture Connection Program (a partnership between Coast Capital Savings and SFU), she created Supermom Parties, a company dedicated to fulfilling the birthday wishes of little boys everywhere.

Her company has caught the eye of some of our local media, and we are thrilled to share her story with the world. You can check out the fabulous article here

The Duperron Group is proud to annouce a new partnership with Riverstone Residential Group

New Partnership with Riverstone Residential Group LLC
June 15, 2013

The Duperron Group is proud to announce that we have engaged Riverstone Residential Group, LLC, to manage the Oaks of Cypress Station in Houston, Texas.

Part of building and sustaining a great organization is building and sustaining great connections. The Duperron Group is proud to have properties around North America, including the Oaks of Cypress Station in Houston, Texas, as part of our portfolio. Recently, we partnered with an amazing organization of individuals called Riverstone Residential Group. Riverstone Residential Group is the largest third-party property management company in the United States. Focused on the delivery of incomparable property management services, Riverstone’s range of multifamily assets is valued at more than $17 billion on behalf of leading institutions, pension funds, developers, and other major owners. They manage 700+ multifamily properties, including affordable, high-rise, mid-rise and garden-style apartments in a variety of communities including conventional, affordable, student housing, military housing, senior housing and lease-up communites.

From the transition period, through to the day to day operation of the property, Riverstone has provided impeccable service and succour. We have had the pleasure of working directly with Mr. Loyal Proffitt, Executive Vice President, South Central, Ms. Jennifer Gaytan, Regional Manager, Houston, and the great pleasure of having Ms. Noell Young as our property manager. This is a team of professionals that brings a deal of experience to the Oaks of Cypress Station. The Duperron Group is pleased to be working with the Riverstone Residential Group and excited to see what is ahead.

2013 – A Year in Review

December 16, 2013

2013 – the year that was…
The old year is fading, and the new is on the horizon. In 2013, The Duperron Group saw many exciting developments, and the continuation of success. With our various rental properties remaining occupied with wonderful tenants; the addition of Riverstone Residential Group taking over day to day operations at the Oaks of Cypress Station in Houston, Texas; our participation in a variety of charitable events, including Concrete Hero benefitting BC Cancer; and our President and CEO, Dean Duperron, speaking Keynote addresses at myriad conferences throughout the year, just to name a few.

We are proud to see the perpetuation of these successes into 2014, and look forward to the numerous new ventures into which the Duperron Group will be entering. Please stay tuned to our site for continuous updates as each enterprise is revealed in its own time.

Duperron Family raises money for Pancreatic Cancer

Over $14,000 in much needed funds raised for Pancreatic Cancer!
November 20, 2012

On November 17th, the Duperron Family hosted a private fundraiser benefitting Pancreatic Cancer Canada. Approximately 100 friends, family, and colleaegues joined Sherri, Dean and their children as they raised much needed funds for such a worthwhile cause.

The evening had it all with a silent auction, live auction, poker tournament, and educational information. Fun was had by all, but most importantly, $14,000 was raised that will go directly to Pancreatic Cancer Canada.

The Duperron Family would like to thank all of their friends and family who helped out with the evening, donating their time or items for the auction. This event could not have taken place without the support of Pancreatic Cancer Canada.

Boating Vancouver – Duperron Navigates Another Successful Journey

Duperron Navigates Another Successful Journey
April 4, 2012

Anyone who knows Dean Duperron can attest to the fact that he can chart a clear course toward his destination and always manages to attract the best crew along the way. Once again the Vancouver based Duperron Group has managed to demonstrate its propensity toward success as they announce the recent acquisition of The Oaks at Cypress Station Apartment complex. This development is located at 1000 Cypress Station Drive in the Medical Centre of Houston Texas with hospitals and clinics located close at hand. The new Exxon Mobil campus will be opening nearby in 2015 bringing another 8,000 people to the area. The Oaks is a gated community situated on 12 acres and has 41 buildings with 294 units; it is a mix of 1 bedroom, 2 bedroom and 3 bedroom apartments. Amenities include 3 swimming pools, a club house, an exercise facility and 3 laundry mats…not a bad acquisition on any day.

Boating Vancouver is always proud to note the accomplishment of local businesses, especially when at the helm of such ventures people like Dean are found. In addition to this recent accomplishment, Dean is well known for his contributions to higher education and philanthropic causes in Vancouver. Over the past 20 years the Duperron Group has generously donated $20,000,000 to various organizations. Dean is always quick to share credit for his success and in the case of this recent purchase credits Lance Edwards (of First Cornerstone Group) who negotiated the successful bid process amidst heavy competition. The project was awarded on the basis of a quick due diligence process and certainty in closing.

Dean is a visionary if ever there was one. His vision for the Duperron Group is to “leave footprints in the sands of time, which positively affect our society.”…I dare say he has done that in spades. His hard work, forethought and commitment to the community make him one of the great treasures of the Vancouver business world and as such Boating Vancouver is proud to salute this recent accomplishment.

Duperron Navigates Another Successful Journey

Business in Vancouver – Education Quest: innovative business plan drives private university growth

Education Quest: innovative business plan drives private university growth
Marketing a single degree offering at a school where tuition is five times that of UBC is one of many challenges for Squamish university

Tags: education, David Strang, Squamish, CIBT Education Group Inc., Simon Fraser University, University of British Columbia, real estate

By Glen Korstrom
Tue Aug 7, 2012 12:01am PST

Squamish’s Quest University has rapidly increased enrolment and started building the first of five new residences – but many challenges remain for Canada’s first independent, non-profit, secular university.

Atop those challenges: how to raise its profile and convince prospective students that an education at Quest is worth annual tuition of $27,000 – more than five times the approximately $5,100 paid by students at Simon Fraser University and University of British Columbia.

Another challenge is how the registered charity can break even without relying on private donations and endowments to cover some operational costs.

Increasing class sizes and slashing scholarships are not options, because the institution values quality education and accessibility, Quest president David Helfand told Business in Vancouver.

The 425-student institution has an average class size of 15, and about 80% of its students get some form of scholarship.

Former UBC president David Strangway founded Quest and in May 2002 convinced the B.C. legislature to give the institution official university status.

Strangway then encouraged an unidentified benefactor to provide a $1.7 million loan so Quest could buy a 240-acre property that Squamish council rezoned to allow the university to sell up to 960 units of market housing.

Donations followed. They included tens of millions in 2005 from the Stewart and Marilyn Blusson Foundation, which helped the university cover $100 million in construction costs. The campus opened in 2007.

Given the complexity of starting a university from scratch, operational glitches were inevitable.

In an effort to reduce reliance on financial gifts, Quest hired CIBT Education Group Inc. in August 2008 to review its cost structure and considered having CIBT manage the school.

Former CIBT executive Dean Duperron became Quest’s president for a month, but Duperron told BIV his ideas for improving efficiency met resistance.

“They had more of an academia approach. We would have provided a business approach. They had the resources to continue on the path that they chose. It’s just that people were hoping that they would not run through as much cash as they were.”

Duperron praised the academic excellence of the university’s faculty, all of whom have PhDs.

Savings, he said, could have come from streamlining the institution’s scholarship system.

Because virtually all Quest’s students are awarded at least a partial scholarship, Duperron said the university employs staff to administer those grants.

So he said it could save money by cutting those employees and reducing scholarships.

Duperron added that Quest could also save money by using its real estate more efficiently, which would lower lease costs.

But Helfand, who followed Duperron as president, bristled at those suggestions. He said staff don’t needlessly push paper and lease costs can’t be cut at dorms that are now at capacity.

“For the past four years, we have closed each fiscal year with a small surplus over budget.”

Helfand added that a donor has agreed to cover startup costs until 2015. Corporate donations are welcome, but the school will not change its curriculum to suit a donor’s requirements.

Its flush coffers, however, have allowed Helfand to focus on Quest’s distinctive education.

The school offers only one degree: a bachelor of arts and science. All students take the same 16 courses in the first two years. There are no departments, and students don’t major in any subject area. Each course is taught sequentially for one month so students can immerse themselves in a single subject. After two years, students are asked to pose a question that they spend the next two years answering.

Because the school issues only one degree, its graduates often face challenges in a job market that places a premium on the wide range of degrees offered by bigger post-secondary facilities.

Earlier this year, Quest’s education was rated No. 1 in Canada by Maclean’s Magazine, which used Indiana University research on such criteria as interaction between faculty and students – but not academic success.

The ranking was separate from Maclean’s annual rankings of Canadian universities, which made no mention of Quest. •

http://www.biv.com/article/20120807/BIV0117/308079921/-1/BIV/education-quest-innovative-business-plan-drives-private-university

Dean Duperron – A Conversation with TAN (The Afro News)

Conversation with Dean Duperron President and CEO of the Duperron Group of Companies
Posted on 20 September 2012. Tags: Dean Duperron, Duperron Group

Dean Duperron President and CEO of the Duperron Group of Companies
By Honore Gbedze

Duperron Group of Companies, is a force in the business community. Dean Duperron finds great joy in experiencing all manner of challenges and opportunities and this can be seen in his varied interests and expertise.

Mr. Duperron’s story is one that some might call a ‘Cinderella Story’, in the rags to riches sense, however, Mr. Duperron is more of a ‘pull himself up by his bootstraps’ sort of man. Instead of waiting around for a Fairy Godmother to wave her magic wand, Mr. Duperron knew that the only way he was going to achieve his ambitions were through his own hard work. Mr. Duperron did not become who he is today by being handed anything, in fact, he started out on this journey as a homeless teenager, forced to live on urban streets, a challenge not of his own making. He worked hard and found jobs, even though he had no address to call his own. He worked janitorial jobs at McDonald’s, eventually finding a temporary home at the local YMCA. This led to him finding a position at an international retail chain. Once there, his hard work and determination led him to become a manager. He managed a multi-million dollar retail business, selling everything from plants and toys to sporting goods and domestic sundries.

Mr. Duperron eventually found his way to not only managing successful educational institutions, but in 1991, he purchased a small business college and through his drive, vision and direction, turned it into the largest and most respected private post secondary institution in British Columbia. Ultimately, the College became a $37 million worldwide organization with over 600 employees.

In 2007, Mr. Duperron earned Sprott-Shaw the right to grant degrees, a privilege no Community College had ever been granted prior.

How would you describe yourself?
I think of myself as being blessed and fortunate in my life. I had the opportunity to experience life both as an impoverished and successful person and have the privilege of influencing and helping people change their life. As the Chinese proverb says if you want to plan for one year plant rice, if you want to plan for ten years plant trees if you want to plan for a century educate people. Education has been a tool that I’ve used myself and have helped educate others. Education helps people to grow and develop.

How has Canadian education changed in the last 30 years?
You only get to know how good the Canadian education is until you expand your networks and find out how education is in other parts of the world. In other parts of the world where having pencil is a treat and books are even more of a luxury, Canada is rated in the world’s top 3 education places amongst the UK and USA. We have a variety of education levels from private to public education. Education is viewed as a responsibility and therefore the government induces and supports education.

Education alone is not the pivotal role of progress, what about the financial stability that is needed?
Entrepreneurship is one option and is critical to any economy. Unfortunately there are not enough entrepreneurial minded individuals.

Our educated new immigrants are not able to integrate into the workforce, what advise do you have for our readership and leadership regarding this?
We seem to import people that are well educated and subsequently become highly educated janitors as they often have to settle for less and work in a job that is way below their grade and skill level. When we bring in doctors from other countries the majority can’t practice here in the same profession as Canada does not recognise their credentials. In my opinion is the human body that is studied in another country so dramatically different from a Canadian human body that it is necessary for these experienced doctors to relearn all that they learned? We really need to ensure that we have jobs available for these professionals that we are importing.

We have a lot of foreign students that come here to further their studies, what do you see we must do to protect our own people rather than promote foreign education?
Foreign education is a Multi Million Dollar business. One of the things we did was to take Canadian education outside of the country to other countries and educated foreigners in their own land, charging them local currencies and using Canadian standards. These students then had the option of either staying in their own countries or apply to come to Canada thus already having a Canadian education.

What advice do you have for our youth?
The exciting thing of being young is as long as you look at the incredible energy you have and the remarkable opportunities and the blessings of time, magic can be yours. You can be highly educated or not so highly educated but if you’re driven you will apply yourself and believe that you are lucky and it is remarkable how you would be able to change the world.

How would you like to be remembered one day?
I have a mission statement and accept the fact that I will not be able to build a pyramid in my life but I like to think of myself as leaving foot prints in the sand that will positively affect the social fabric of our communities.

If there is a chance that you could start your life over today given that you already have gained success what would you do differently?
I would like to think that I would continue to do what I do by reaching out and endorsing philanthropy, education and housing.

http://www.theafronews.ca/2012/09/20/10295/

The Duperron Group completes acquisition of Apartment Complex

March 30, 2012: The Duperron Group completes acquisition of Apartment Complex from JRK Property Holdings

The Duperron Group, Vancouver, BC is pleased to announce the purchase on March 30, 2012 of Oaks at Cypress Station Apartment Complex in Houston, Texas. Company President Dean Duperron, FRSA stated “Our research has shown Houston to be growing city, both in jobs and population with strong fundamentals. We will be adding to our portfolio in this market for the next while.”

The Oaks at Cypress Station Apartment complex is located at 1000 Cypress Station Drive in the Medical Centre of Houston with nearby hospitals, clinics as well as the new Exxon Mobil campus opening only minutes away in 2015 bringing another 8,000 people to the area. Oaks is gated community on 12 acres having 41 building with 294 units with a mix of 1 bedroom, 2 bedrooms and 3 bedroom apartments. Amenities include 3 swimming pools, a club house, an exercise facility and 3 laundry mats.

The lead on this project from The Duperron Group’s side was Lance Edwards (of First Cornerstone Group) who negotiated the successful bid process amidst heavy competition. The project was awarded on the basis of a quick due diligence process and certainty in closing.

Ed Nowokidi, Senior Director for Cushman-Wakefield, who brokered the deal said, “Much credit to JRK for managing the property so well, it made our job easy. The attractiveness of Oaks at Cypress Station, unit size and location created a strong demand in the market area. We were impressed with the speed and focus in which the Duperron Group (Oaks buyers) pursued the bid process, their due diligence and closing. They responded timely to every challenge, and helped the assumption process and closing get done ahead of schedule. We look forward to more successful transactions with the Duperron Group.

The Duperron Group gratefully acknowledges JRK Property Group’s President Bobby Lee for his hands on approach to this transaction. Given JRK has over 42,000 units it speaks well of Mr. Lee that he took the time to work with us every step of the way form the initial Letter of Intent to closing.

About the organizations:

The Duperron Group is an organization with multiple interests. They have been investing in real estate for 15 years with interests in housing and commercial buildings. Currently the focus is their real estate division is on the acquisition of multifamily complexes in the Houston area. The organization also has a 30 year history of operating a private college internationally which at one point started 2600 students annually, as well as a generous record of supporting various philanthropic projects with over $20,000,000 in the last 20 years.

First Cornerstone Group, LLC was formed in 2004 by Lance Edwards. In 2005, Lance retired from his 20 year corporate career to start a full-time real estate business that acquires multifamily properties, and teaches others how to create faster financial freedom by purchasing apartments using none of their own money. His widely successful Webinar training talks and Boot Camp programs aid buyers by giving them all the skills they need to find a potential deal, evaluate the deal, and ultimate purchase their own multifamily property.

JRK Property Holdings was founded 1991 to own and operate multifamily properties. JRK’s strategy was simple: to acquire underperforming or undervalued apartment buildings, actively manage them to maximize cash flow, and opportunistically refinance or sell to local and regional operators. In 1992, Los Angeles-based JRK closed on its first acquisitions, the La Privada Apartments and the Northridge Apartments, which were purchased from the Resolution Trust Company. Over the next two decades, JRK formed a series of partnerships and joint ventures, including a $203 million private equity fund in 2007, to acquire, own and operate in excess of 47,000 multifamily units. In 2010, JRK was recognized as one of the largest multifamily owners and managers in the United States by both the National Multi-Housing Council and Multifamily Executive Magazine.

REIN 2011

This year I was honoured to receive the Rookie of the Year and the Top Player awards from the Real Estate Investment Network. Real Estate Investing requires a unique skill set which must honed. The REIN organization with 3500 members and $3.5B in investment is Canada’s premiere choice for any investor who wants to be successful in real estate, and as such I am particularly thrilled the have been chosen for these awards.

What Started in Vegas…

Trish McCarty – Founder of Starshine Chartered Schools… a new concept in educating kids.

Governor General’s Visit

Last week, His Excellency David Johnston the Governor General of Canada and Commander in Chief of our armed forces joined my family (as President of the Canadian Club), our friends of Ismaili Council and myself for small luncheon.

His Excellency and his wife were delightful, accomplished individuals who engaged the whole group in concept he referred to as “Smart Caring”. He inspired all of us with stories of successes across Canada, one of which was right here in Vancouver with our reduction of measurable homelessness in our great city.

He challenged the group to use volunteerism, eduction and family as our way to make a difference in our communities.

It was truly a delight to enjoy a couple hours over a lunch with their Excellencies. In my opinion, this man is a wonderful choice for Governor General and I would encourage all Canadian’s to take up his challenge. Lets make our communities better.

I would also suggest that by following his Excellency through the remaining four years of his five year term, each of us might learn something from a great Canadian.

Zero Vacancies

The Duperron Group currently has zero vacancies, please inquire about our waiting lists via email.