Jubilee Homes

What Jubilee Homes does

Jubilee Homes (legally Jubilee Investments, Inc., DBA Jubilee Homes) is a privately held, Delaware-incorporated residential real estate financing company headquartered in San Francisco that uses a ground lease model to lower the upfront cost of homeownership in expensive U.S. markets. Under its Joint Purchase Program, Jubilee purchases the land on a buyer's behalf and sells them the home separately, with the buyer entering a 99-year renewable ground lease carrying inflation-adjusted rent (a 3% annual escalator in the disclosed example) and a shared appreciation arrangement in which each party's share of total property appreciation is proportional to its initial investment. Land valuation is anchored to the American Enterprise Institute (AEI) Housing Center's Land Share Indicators, which Jubilee uses as an objective, nonpartisan reference for setting land share percentages.

The company's product stack comprises an online property search, a website-based Buying Power Check / pre-approval tool, Jubilee Home Loans (NMLS #2719294) as its in-house mortgage lending entity, a real estate agent partner program with parity commission and Zillow Showcase support, and an educational resources hub covering leaseholds, equity, and land valuation. There is no proprietary technology platform underlying these surfaces; Jubilee is described in its own materials as a real estate financing company rather than a technology company.

Jubilee's customer base is primarily first-time and affordability-constrained homebuyers priced out of high-cost-of-land markets, with secondary personas of relocating buyers, flexibility-focused buyers, and real estate agents seeking tools for hard-to-close deals. Revenue mechanics combine recurring monthly ground rent, transaction-based appreciation sharing on sale or land buyout, and embedded mortgage origination economics. The firm operates with 1–10 employees, is founder-led by CEO Brian Elbogen, and has not disclosed any institutional funding to date.

Name

Jubilee Homes

Legal name

Jubilee Investments, Inc.

Website

https://jubileehomes.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Jubilee Homes is a private residential real estate financing company that lowers the cost of homeownership in expensive U.S. markets by separating the purchase of a home from the land via a 99-year renewable ground lease, targeting first-time and affordability-constrained homebuyers.

Ownership category

akta.pro rank

Product category

Residential Real Estate Financing

NAICS

Lessors of Real Estate (5311), Lessors of Residential Buildings and Dwellings (53111)

SIC

Lessors Of Real Property, Nec (6519), Mortgage Bankers & Loan Correspondents (6162), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Affordable Housing / Down Payment Assistance (DPA) Mortgage Origination (FSALAAAM)

akta.pro secondary industry

New Construction-to-Perm (Single-Family Owner-Occupied) (FSALAHAA)

Keywords

• Land lease financing
• Residential real estate
• Affordable homeownership
• Home mortgage lending
• Leasehold properties

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Ground Rent Payments: Homeowners pay monthly land lease (ground rent) to Jubilee for use of the land. Initial ground rent is set at the beginning of the agreement and increases annually (example shows 3% annual increase).
2. Property Appreciation Sharing: When homeowners sell the property or buy out the land, Jubilee shares proportionally in the total property appreciation based on initial investment percentages.
3. Land Value Appreciation: Jubilee retains ownership of the land and benefits from land value appreciation over time as the property value increases.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Jubilee Homes offers a residential land-lease financing model called the Joint Purchase Program, where the buyer purchases the home structure while Jubilee purchases and retains ownership of the underlying land, under a 99-year renewable ground lease with inflation-adjusted rent and an optional buyout. This structure lowers upfront down payments to as little as 2% and reduces monthly housing costs by approximately 15%+ compared with a conventional purchase in expensive U.S. housing markets. The offering is supported by a captive mortgage lender (Jubilee Home Loans, NMLS #2719294), an online Buying Power Check pre-approval tool, and a property search interface, with distribution through both a direct digital channel and a real estate agent partner network.

Product overview

Jubilee Homes offers a land-lease homeownership model called the Joint Purchase Program, where buyers purchase the home while Jubilee purchases the land. The core offering includes a 99-year renewable ground lease with inflation-adjusted payments, allowing buyers to enter homeownership with lower upfront costs (as little as 2% down). The product suite includes a Buying Power Check tool for pre-approval, a Property Search for browsing available homes, and Jubilee Home Loans for mortgage financing. Supporting services include educational resources about leaseholds, land valuation, and agent partnerships. The model is designed for expensive housing markets where land costs can exceed 60-70% of property value.

Differentiator

Problem solved

Functional benefit

Products and services

• Jubilee Joint Purchase Program (Land Lease Model) Residential ground-lease program where the buyer purchases the home structure while Jubilee purchases and retains ownership of the underlying land under a 99-year renewable lease with inflation-adjusted monthly ground rent. Enables homeownership with down payments as little as 2% and 15%+ lower monthly housing costs versus a conventional purchase in expensive U.S. markets, with an option to buy the land at any time and proportional sharing of total property appreciation on sale.
• Property Search
• Buying Power Check Pre-Approval Tool
• Jubilee Home Loans

Quantifiable outcome

• Down payments reduced by up to 95% compared to traditional purchase
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• Brian Elbogen (Founder and CEO)coreOthersFounder and CEO who established the company mission to make homeownership more accessible through fair and flexible leaseholds
• Real Estate AgentscoreChannel Partner/ Reseller/ DistributorAgents represent buyers and sellers in Jubilee transactions; they receive buyer leads, marketing support (including free Zillow Showcase), and full commission on par with traditional deals. Agents benefit from doubled buyer pool due to lower down payment requirements.
• Mortgage LenderscoreChannel Partner/ Reseller/ DistributorJubilee partners with lenders familiar with leasehold arrangements to facilitate mortgages on the home portion. They also operate their own lending entity (Jubilee Home Loans, NMLS #2719294).
• American Enterprise Institute (AEI) Housing CentercoreTechnology or IntegrationThird-party data provider used for determining land values. AEI's Land Share Indicators dataset provides objective, nonpartisan land valuation data used to set fair land share percentages.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Divvy Homes: Divvy offers a rent-to-own program in which the company purchases a home on behalf of a buyer and the buyer eventually buys it back through accumulated rent credits. Closest direct comparable to Jubilee: both reduce the upfront cost of owner-occupied housing through an alternative ownership structure rather than traditional mortgage.
• Landis: Landis partners with homebuyers by co-purchasing the property (buyer puts ~1% down) and rents the home to the buyer until they buy out Landis's stake. Structurally near-identical to Jubilee's Joint Purchase Program — both finance ownership through a co-invested, lease-back-to-buyer structure.
• EasyKnock: EasyKnock offers sale-leaseback to homeowners, buying the home outright and letting the original owner remain as a renter with an option to buy back. Same conceptual chassis as Jubilee's structure — separating structure/land economics from occupancy economics — but applied to existing owners rather than first-time buyers.
• Point: Point purchases a share of a homeowner's equity in exchange for cash now, and is repaid when the homeowner sells or refinances. Directly comparable to Jubilee's appreciation-sharing economic model, though Point focuses on existing owners rather than first-time buyers.
• Hometap: Hometap provides home equity investments, taking a share of future appreciation in exchange for cash today. Comparable to Jubilee's appreciation-share mechanic — both monetize the land/equity stake while letting the homeowner retain occupancy and benefit from price growth.

Others

• Roofstock: Roofstock is a marketplace for buying and selling single-family rental investments and operates SFR-focused property management. Adjacent to Jubilee: both operate in residential real estate as financial products rather than owner-occupant transactions, but Roofstock serves investors while Jubilee serves owner-occupants.

Broad incumbents

• Pacaso: Pacaso enables co-ownership of luxury second homes through an LLC structure with a managed exit process. Comparable in the shared-equity / fractional-ownership category covered in the same Business Insider article that featured Jubilee, but focused on the luxury second-home segment rather than affordable primary residences.

Emerging players

• Unlock: Unlock operates a lease-purchase model in the UK giving renters an option to buy the property from a third-party investor. Comparable product framing — buyer owns the home while the underlying land/investor takes a share — though serves UK geography primarily.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jubilee Homes