David E. Pardue is president and is responsible for all investment decisions. He joined the company in 1968 shortly after receiving a B.S. degree from The University of North Carolina at Chapel Hill. Pardue has worked for many other community organizations. From 1985-1999 he served as a trustee for Elon College (now Elon University). From 1995-2003 he served as a trustee for the University of North Carolina-Chapel Hill, where for six years he chaired the Buildings & Grounds Committee, overseeing the planning for 50 construction projects on behalf of the university.
He served as a director of THA Foundation from 1978-2017, and was its chairman from 1996-1999. He served as a member of the board of directors of UNC-CH Foundation from 1999-2003 and from 2010-2017, and as a director of UNC-CH Real Estate Holdings from 2010-present.
He is married to Rebecca Pardue, and they primarily reside in Hilton Head Island, South Carolina. They have two children, Courtnay Arpano and Dave Pardue, and three grandchildren.
Dave Pardue serves as Vice President and is responsible for the management of daily operations, overseeing properties and holdings across multiple companies and handling day-to-day company administration duties. Dave graduated from UNC- Chapel Hill in 1988 with a BA in Economics and has been with The Dacourt Group since 1997. He currently lives in Atlanta, Georgia with his wife and 2 children.
Alicia Deakins retired in the spring of 2022. yet still serves as a part-time consultant to the company. She joined the Somers-Pardue Agency in 1974 and has been with The Dacourt Group since 1982.
Company History
Dacourt’s predecessor was founded in 1928 under the name C. G. Somers Real Estate Company. In 1945 Mr. Somers’ son-in-law, D. Earl Pardue, joined the firm and the name was changed to The Somers-Pardue Agency, Inc. Insurance services were added. In 1968 David E. Pardue joined the firm. Over the following 15 years, the commercial side of the real estate division grew rapidly and the residential division was eliminated. In 1982, the insurance division and the “Somers-Pardue” business name were purchased by four long-term employees. David Pardue assumed ownership of the real estate investment division which was renamed The Dacourt Group, Inc.
From the early 1970s through today the primary business has been purchasing and syndicating large commercial real estate projects. In 1987 Dacourt Golf, Inc. was formed and now owns and operates two very successful golf courses in Myrtle Beach, South Carolina. In 1989-1995 subsidiaries Dacourt Communications, Inc. and Dacourt Limited Partnership were active in successful start-up businesses including cellular telephone development in South Dakota and providing the initial financial backing for Immersive Media, Inc.
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