Markets Insider · Jul 2026
A 503-home single-family rental portfolio was sold to Flock Homes through a 721 exchange structure, highlighting continued transaction activity and Flock's positioning as a tax-deferred exit option for landlords.
Company research
Public company, workplace, funding, and market signals
Overview
Flock Homes is a Denver-based real estate fund operator and proptech platform that helps individual landlords exit active rental ownership by exchanging properties into a diversified, professionally managed fund through a 721 exchange.
Primary product
721 Exchange platform for exchanging rental properties into shares of a diversified real estate fund
Founded
2020
Headquarters
Denver, Colorado, United States
Team size
40-50 employees
Work style
Flexible
Industry
Real Estate
Sub-industry
Proptech / residential real estate fund operator
Offices
Denver, Colorado (HQ)
San Francisco, California
New York, New York
Business model
721 exchange / UPREIT platform
Funding
Stage
Series B
Latest round
Series B · May 2025
Latest amount
$20M
People & investors
Leadership
Founder & CEO
Chief Investment Officer
Chief Legal Officer
Work & culture
Mission-driven and customer-obsessed, with an emphasis on ownership, transparency, trust, and helping ordinary landlords gain passive real-estate exposure without the burdens of management.
Work style
Flexible
Compensation
No public salary bands were found. Public hiring language suggests compensation is flexible and may be optimized for cash or equity upside, with equity offered as part of the package.
Benefits
Unlimited PTO
Medical, dental, and vision coverage
Learning and growth support
Wellness and lifestyle stipend
Home office stipend
Product & market
Pricing
One-time 6% onboarding fee plus 1% annual management fee; no performance fee.
Differentiators
- —Tax-deferred 721 exchange instead of a taxable sale
- —No 45-day / 180-day 1031 deadlines
- —Diversified professionally managed fund instead of a single replacement property
- —Passive ownership with no landlord duties
- —Quarterly cash flow and long-term appreciation
- —No performance fee
- —Client portal and transparent asset-level reporting
Technology
GraphQL
SQL
Scale & contact
Estimated revenue
$1M-$10M
Estimated monthly visits
11.3K
Traffic estimate as of Apr 2025
Latest news
Bloomberg · May 2025
Bloomberg reported Flock's $20 million Series B led by Renegade Partners and noted the company's expansion beyond single-family rentals.
Phoenix Business Journal · Apr 2025
Reported on Flock's Phoenix-area buying activity and its 721 exchange model for mom-and-pop landlords exiting active management.
Denver Post · Apr 2025
Covered Flock's expansion, a $22 million round referenced in SEC filings, and the move into a LoHi Denver headquarters.
Open Positions
5 jobs at Flock Homes
Full Stack Software Engineer
On-siteProductSan Franciso or Denver5d ago
On-site