Dan Stephenson is a businessman who defines the entrepreneurial spirit. A tireless business advocate and generous humanitarian, Stephenson has defined the acquisition, development, master-planning, and sales of residential, office and commercial properties in Southern California’s Inland Empire.
Stephenson founded Rancon in 1971 as a real estate brokerage and land development company. From the earliest days, Stephenson gathered knowledgeable professionals who shared his vision of Southwest Riverside County and the then fledging Inland Empire. Today, both Rancon Real Estate and the Rancon Group are staffed with the most qualified real estate professionals in the market area.
With Dan Stephenson at the helm, Rancon Group companies built the first master-planned community, Alta Murrieta, in Southwest Riverside County. He also built one of the Inland Empire’s first master-planned business parks, Tri-City Corporate Centre in San Bernardino. During more than four decades of “doing the same thing in the same place” Stephenson has amassed a reputation for spearheading high-quality projects and maximizing his investor’s returns.
As a syndicator, Stephenson has raised more than $800 million in investor capital, and land assets. During the past 10 years, Rancon Group partnerships have developed and sold more than 1,000 acres or commercial and residential properties, returning an average ARR of 58.9% to investors. The Rancon Group currently controls more than 2,800 acres of commercial and residential property.
As a philanthropist, Stephenson is a founding member of the Temecula Valley Theater Foundation and actively supports numerous charitable organizations including the former Sharp Medical Foundation (board of directors), the Arts Council of Temecula Valley, Habitat for Humanity and many more. In 1991, Stephenson was named Entrepreneur of the Year by Ernst & Young. He has also been named “Citizen of the Year,” for the cities of Menifee (2002), and Murrieta (2005).
Mr. Stephenson graduated from the University of Southern California (USC) with a degree in finance and real estate. He also attended an executive MBA program at the Harvard School of Business.