Homestead Road, a tech-enabled real estate company that buys homes “as is” and aims to streamline the home-selling experience, has acquired Twin Cities Home Buyers, a local real estate investment firm serving the Twin Cities metro area.
The transaction marks Homestead Road’s first announced acquisition as it pursues a strategy to consolidate and professionalize what it describes as a highly fragmented fix-and-flip market. Twin Cities Home Buyers, founded in 2002, will continue operating locally under the Homestead Road platform while gaining access to additional resources, technology, and operational support.
Homestead Road, founded in 2007, said it has completed more than $1 billion in real estate transactions and helped more than 3,000 homeowners. The company also said it is in discussions with more than a dozen additional fix-and-flip operators across the United States as part of its expansion plans. Financial terms were not disclosed.
KEY QUOTES
“This is more than a deal—it’s the foundation of our long-term vision to scale the fix-and-flip business under the Homestead Road platform. We’re building a modern, trusted residential real estate brand—one that delivers consistent value to homeowners, investors, and the communities we serve.”
Andrey Sokurec, Chief Executive Officer and Co-Founder, Homestead Road
“I’m excited to join forces with Homestead Road. This partnership allows us to amplify our impact, scale responsibly, and continue serving Twin Cities homeowners with the same local expertise and care—now backed by a national platform.”
Jason Cramer, Chief Executive Officer, Twin Cities Home Buyers
“Homestead Road’s focus on long-term profitability, disciplined operations, and ethical growth is a model for the fix-and-flip industry. We are building this the right way.”
Jim Lesinski, Chief Growth Officer, Homestead Road
