Wednesday, April 23, 2008

Walls closing in on Dunmore home-building dynasty

By Dale Kasler - dkasler@sacbee.com
Published 12:00 am PDT Sunday, April 20, 2008
Story appeared in MAIN NEWS section, Page A1


Jeremy and Sidney D. Dunmore's Dunmore Communities launched the Alta Vista Meadows project on Rio Linda Boulevard. The brothers have lost to foreclosure or sold portions of the project, now called Bella Casa.
José Luis Villegas / jvillegas@sacbee.com


Their debts are substantial and their reputations have been dinged. Their main business is gone. They are caught up in an intergenerational soap opera that threatens the family legacy.

But Sidney B. Dunmore and his sons Jeremy and Sidney D. Dunmore, heirs to a Sacramento-area home-building dynasty that has unraveled in the past year, insist they aren't finished.

The elder Sid Dunmore, who lost the family's flagship, Dunmore Homes, to bankruptcy and might lose his personal residences, said he's been approached by people about getting back in business one day.