TRI Pointe Names DuPree Colorado President
 
Home building veteran most recently was president of CalAtlantic Charlotte division.
Darren Dupree, TRI Point Colorado Division President

TRI Pointe Homes, a unit of TRI Pointe Group (NYSE: TPH) , has named Darren DuPree as President of the home building brand’s Colorado division.

DuPree brings 20 years of experience with him, having served in various leadership roles for several national public home builders across the country, most recently as division president of CalAtlantic Homes’ Charlotte division. Additionally, DuPree’s resume includes five years of experience in the Colorado market, having worked as the East Region and Colorado president of Richmond American Homes. He began his career with Deloitte and Touche in Atlanta as a Public Accountant and Management Consultant serving primarily real estate clients.
 
“We are fortunate to have Darren take on this leadership role for our Colorado division,” said Tom Mitchell, Chief Operating Officer and President of TRI Pointe Group. “His comprehensive understanding of home building and his experience in the Colorado market greatly positions him to lead the growth of TRI Pointe Homes Colorado. We’re thrilled to welcome him to the team.”
 
Denver can generally be categorized as having strong sales fueled in part by limited inventory (less than one month’s worth of resale home supply), and a low unemployment rate of 2.9%. And, despite some moderating, home price growth is projected through 2021, according to Kenneth S. Perlman, Principal at John Burns Real Estate Consulting.
 
“TRI Pointe Homes Colorado will respond to Denver’s regional growth by continuing to focus on purchasing land and building in both self-developed infill locations and master-planned communities,” said DuPree. “We plan to expand the company’s footprint across a variety of price points and market segments, including first-time buyers, move-up/luxury buyers, and age-targeted communities. I couldn’t be more excited to be joining the TRI Pointe team during this period of growth.”
 
Contributing to the region’s growth and increased demand, TRI Pointe Homes has recently opened two new communities: The Prelude Collection and the Debut Collection in Ravenwood Village at Terrain. Priced in the high $300,000s, the Prelude Collection features two-story single-family homes ranging from 2,059 to 2,788 square feet with 3 to 5 bedrooms and 2.5 to 4 bathrooms. Priced in the low $400,000s, the Debut Collection features ranch and two-story single-family homes ranging from 2,018 to 3,139 square feet with 2 to 5 bedrooms and 2.5 to 5.5 bathrooms. An additional community, Crescendo Collection at Crown Point, is slated to open in fall 2018.


  
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