Single-family starter homes held in per-home series LLCs, co-owned with resident buyers; units of private funds that invest in those LLCs as equity and debt

Ownify

Operated by Ownify, Inc. (Delaware; founded 2022 by Frank Rohde, CEO, and Ben Herold, COO). Affiliates: Modern Capital Co (Delaware corporation, manager of Ownify Home Fund LLC and Ownify Home Fund II LLC); Mission Property Holdings LLC (Delaware series LLC holding each home); Folsom Street Property Management LLC (property manager); Ownify Real Estate LLC (North Carolina brokerage, NCREC C36616 per Ownify).

Ownify buys starter homes alongside first-time buyers: the buyer puts in 2%, pays a fixed monthly amount that covers occupancy and buys more of the home over time, and can buy the rest later. Accredited investors fund the other 98% through private funds managed by Ownify's affiliate Modern Capital Co and earn occupancy income and a share of the homes' appreciation. In the one fund whose documents AltStreet reviewed, the Colorado fund (Ownify Home Fund II), the manager sets the unit price, decides redemptions after a 24-month lockup and need not have the accounts audited, and the website's fees and 12% track record are not reconciled with those documents.

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Platform Identity

Website
ownify.com
Headquarters
San Francisco, CA, US
Founded
2022
Parent
Ownify, Inc. (Delaware; founded 2022 by Frank Rohde, CEO, and Ben Herold, COO). Affiliates: Modern Capital Co (Delaware corporation, manager of Ownify Home Fund LLC and Ownify Home Fund II LLC); Mission Property Holdings LLC (Delaware series LLC holding each home); Folsom Street Property Management LLC (property manager); Ownify Real Estate LLC (North Carolina brokerage, NCREC C36616 per Ownify).
Platform type
Shared-Equity Homeownership Program with Private Real Estate Funds for Accredited Investors (Regulation D Rule 506(c))
Regulatory
unregistered
Eligibility
accredited only

AltStreet Coverage

Review status
Published
Coverage type
Investment platform
Review date
Oct 27, 2026
Last updated
Oct 27, 2026
Composite score
2.8

Key Data Points

EDGAR-linked offerings
2
Filing-verified raised
$4.71M

Auditors of Record

Audit firms named in this platform's issuer filings, as recorded in AltStreet's auditor directory. Each firm page lists every issuer it audits across covered platforms.

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