The achievements closely follow a minority equity investment from Newfi Lending, an industry-leading non-agency mortgage lender owned by funds managed by Apollo Global Management

LOS ANGELES–(BUSINESS WIRE)–Dunmor, a leading provider of bridge, fix and flip, ground-up construction and DSCR rental loans for real estate developers across the United States, today announced a series of achievements marking its momentum this year. The achievements include reaching a new milestone of $150 million in funding, the appointment of Jim Cooper, executive vice president of capital markets, a license to operate in Arizona, a broker portal and soon a license to operate in Nevada and a new office in Irvine, California.

These achievements closely follow a minority equity investment from Newfi Lending, an industry-leading non-agency mortgage lender owned by funds managed by Apollo Global Management, announced in January this year.

Dunmor founder and CEO, Franck Ruimy, expressed enthusiasm about Dunmor’s momentum this year, stating, “Our team has created a remarkable platform and brand, and we are now set to embark on a new growth phase. All our recent achievements position Dunmor to continue delivering the high level of service our clients expect, complemented by an even stronger commitment to providing the most competitive funding solutions in the marketplace.”

“Dunmor is a key partner in our development process. Their team understands the complexities of the industry and provides tailored lending solutions that make financing efficient and predictable. Dunmor’s expertise and reliability have enabled us to confidently move forward with over $15,000,000 in new construction in the past 30 days. With a streamlined process and competitive terms, Dunmor saves us time and hassle, allowing us to focus on building and growing our business. I highly recommend Dunmor to any borrower looking for a lender which truly understands their needs and delivers real results,” said Chad Nickolas, a residential real estate developer.

New EVP of capital markets, licenses in Arizona and Nevada and office in Irvine

Dunmor is proud to announce that Jim Cooper will now serve as executive vice president of capital markets. Cooper has 30 years of lending, real estate development and investing experience in the multifamily industry. Cooper’s vast experience will drive and enhance Dunmor’s expertise and initiatives in the multifamily industry and in capital markets.

Cooper, based in Dunmor’s Scottsdale, Arizona office, was instrumental in securing a license for Dunmor to operate in Arizona this year. The Arizona license allows Dunmor to have a wider reach and more opportunities for its clients, in addition to its local presence in Scottsdale.

“We are excited to bring the Dunmor platform to the Arizona market. Our loan programs and competitive pricing will bring a new source of capital to Arizona investors,” said Cooper.

Dunmor will also continue its expansion in the second quarter this year with a license to operate in Nevada and a new office in Irvine, California, to best serve real estate investors in Nevada and Orange County, California.

Broker platform to expand technology leadership

In the second quarter of this year, Dunmor will launch its new broker platform, reinforcing its commitment to being the premier financing partner for the brokerage community. With this rollout, Dunmor will uniquely feature separate AI-powered loan origination platforms for real estate investors and brokers. These platforms enable rapid delivery of pre-qualifications, quotes, term sheets and loans, dramatically improving speed and efficiency in the lending process.

“Our performance is continuing on an upward trend as we focus on delivering the best customer experience for financing,” said Franck Ruimy, founder and CEO, Dunmor. “Our innovative technology and the ability to execute position Dunmor as a leading lender in the industry.”

Zeenat Zonte, executive vice president and head of Dunmor’s wholesale broker business, added, “This platform marks a new chapter for how brokers work with Dunmor. By combining intuitive technology with tailored support, we’re giving brokers the tools they need to close more deals — faster, easier and smarter.”

Dunmor will continue to expand its presence as a leader in high-quality residential mortgage originations, thanks to Dunmor’s recent partnership with Newfi Lending, owned by Apollo Global Management.

Dunmor offers residential transition loans (RTLs) in four distinct categories: bridge, fix and flip, ground-up construction and DSCR rental across 48 states. With the widest range of RTL products and the broadest national footprint, Dunmor also supports borrowers through a nationwide team of loan originators and production analysts.

The combination of deep industry experience, broad product offerings, geographic reach, AI-powered origination platforms and institutional capital backing from Apollo and Newfi enables Dunmor to continue building momentum as a leader in the RTL lending space.

About Dunmor

Dunmor is a technology-forward national lender specializing in residential real estate investment loans. Established in 2021, the company provides short-term bridge loans, fix and flip loans, construction loans and DSCR rental loans for residential and multifamily investment properties throughout the United States. Dunmor works directly with borrowers and brokers in offering competitive rates, efficient closings and exceptional customer service. For more information, visit www.dunmor.com.

Contacts

Media contacts
Emily Roberts
Senior Account Director, Bospar
PRforDunmor@bospar.com

Christen Wong
SVP of Marketing, Dunmor
310.562.0225
cwong@dunmor.com

(c)2025 Business Wire, Inc., All rights reserved.