# Boots Dunlap

> Boots Dunlap is the CEO and co-founder of RRA Capital, a veteran-founded commercial real estate investment manager and bridge lender. After serving as an Airborne Ranger-qualified infantry officer with the U.S. Army's 10th Mountain Division, he returned to Arizona in 2007 and helped turn a family real estate business into a distressed-loan advisory operation. That workout experience became the foundation for RRA's private-credit strategy, which has since surpassed $2 billion in loan originations.

- **Role:** CEO and Co-Founder at RRA Capital
- **Organizations:** RRA Capital, United States Army, 10th Mountain Division, Great Hearts Academies, Valley Presbyterian Church, Young Presidents' Organization, Boy Scouts of America, NextGen Venture Partners
- **Nationality:** American
- **Education:** Bachelor's degree, University of Virginia, Spanish studies, Universitat de València, YPO Real Estate Program, Harvard Business School Executive Education
- **Known for:** Received the Bronze Star Medal for service in Afghanistan., Earned the Combat Infantryman Badge for service in Iraq., Earned the Certified Commercial Investment Member designation in 2019.

## Career timeline

- **2002-2007** — Served on active duty as an infantry officer with the U.S. Army's 10th Mountain Division, including combat operations in Iraq and Afghanistan.
- **2007** — Returned to Phoenix and began helping reposition his father's real estate development business for distressed-market consulting.
- **2008** — Co-founded Realty Resolution Advisors, the business that became RRA Capital, in response to institutional demand for distressed-loan workouts.
- **2013** — RRA launched its first separately managed account focused on light value-add commercial real estate debt.
- **2017** — RRA launched its first fund for opportunistic debt and preferred equity.
- **2020** — RRA launched Real Estate Debt Fund II; Dunlap also moved to the New York City area that summer.
- **2023** — RRA launched a new fund targeting $400 million in response to real estate market demand.
- **2025** — RRA reported surpassing $2 billion in total loan originations and closing a $224 million fundraise.
- **2025-present** — Hosts RRA Capital's Boots on the Ground podcast on commercial real estate, economics and leadership.

## Achievements

- Received the Bronze Star Medal for service in Afghanistan.
- Earned the Combat Infantryman Badge for service in Iraq.
- Earned the Certified Commercial Investment Member designation in 2019.
- Oversaw more than $1.5 billion in bridge-loan originations and management by 2024.
- Helped build an advisory practice that consulted on more than $2.4 billion of distressed commercial real estate.
- RRA Capital surpassed $2 billion in total loan originations in 2025.
- Developed RRA's MQi commercial real estate risk-management and predictive-valuation software platform.
- Served in education and community roles including the Great Hearts Academies board and as a trustee and investment chair at Valley Presbyterian Church.

## Latest updates

- **2026-08** — Published 'The Cost-of-Capital Crisis,' an RRA Capital analysis of slower growth, interest rates and commercial real estate values.
- **2026-06** — Told The Crittenden Report that bridge-loan requests at RRA were up 27% year over year and argued that operator quality now dominates underwriting.
- **2026-03** — Hosted Robles Partners co-founder Ben Hautt on episode three of Boots on the Ground.
- **2026-01** — Hosted MSCI real estate research executive Jim Costello on episode two of Boots on the Ground.
- **2025-11** — Launched Boots on the Ground with Wells Fargo senior economist Charles Dougherty as the first guest.
- **2025-11** — Published 'Making Cents of It All,' an essay about data, narrative and decision-making in private markets.

## Links

- Website: https://www.rracapital.com
- LinkedIn: https://www.linkedin.com/in/boots-dunlap/
- YouTube: https://www.youtube.com/@RRACapital

---

Profile page: https://yespress.io/boots-dunlap
Published by YesPress — https://yespress.io
Last updated: 2026-08-26