Alternative lender approaches nearly $2 billion in loans under administration

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“As Canada aims to welcome more than 1.2 million immigrants by 2023, the demand for family homes will continue to grow,” Dorr Capital said.

Dorr Capital also has ongoing partnerships with developers like Freure Homes, based in Kitchener-Waterloo. The lender said that it has over 65% repeat business with these firms, and with Freure Homes, in particular.

“[Dorr Capital] has a solid understanding of our business, the lenders, our clients, the projects, and the numbers, [along with] matching the right people with the project. Partnership is essential to any project,” said Andy Kotsovos, chief financial officer of Freure Homes.