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Quick summary

Falcon Property Company is a property management company based in Colorado Springs, CO. They serve 5 surrounding markets. They are ranked #61 nationally. They manage 253+ units. They have 19+ years of experience.

Verified by 10 owners

See Ratings
200+
Doors Managed
19
Years Experience
246
Google Reviews

Company Overview

Falcon Property Company is a full service property management and real estate brokerage firm founded in 2006. With decades of real estate experience, both in representing clients, as well as investing ourselves, we treat our client’s properties as if they are our own. Falcon puts a lot of stock in treating residents with respect which we find translates directly to respect of our managed properties. A believer of both old school hands on real estate management coupled with utilizing simple, intuitive technology, Falcon provides reliable communication and transparency with clients as well as residents.

Service area map

Area: smoothed merge of ~5 mi buffers (≈2 mi gap close). Dots: each ZIP centroid (darker = primary). Illustrative only. © Mapbox © OpenStreetMap

Certifications

Financial Trust

This company has verified that its trust accounts reconcile with its books, confirming proper trust accounting and security deposit handling.

Verified

Customer Reviews & Ratings

Google

4.9

Based on 246 reviews

Yelp

3

Based on 13 reviews

Better Business Bureau

A+

BBB and Yelp ratings are influenced by ads or paid accreditation. They are still shown for transparency but don't affect TrueMatch™ score.

Homeowner Survey Results

Data last updated on 01/16/2026, 7:48 AM CST

Overall Satisfaction?
9.7/10
Leasing Performance?
9.1/10
Accounting & Financial Reporting?
7.8/10
Maintenance Communication?
9.6/10
Maintenance Cost Value?
8.9/10
Top 30%

Company reviews

Frequently Asked Questions

How quickly do owners hear back from an inquiry?

Each client is assigned a property manager with direct email, text, and a scheduling link. Expect same‑day or next‑business‑day responses.

How do you handle vendor relations?

We work with licensed and fully insured vendors. We maintain 2–3 vendors per trade who prioritize our work, offer market‑consistent pricing, and warranty work. We pay promptly and keep funds on hand for multiple payment runs each month.

Do you markup maintenance invoices?

No. Owners receive copies of actual invoices paid with no markup or maintenance coordination fee.

When do owners receive rent funds?

Disbursements are pushed on the 10th or the first business day thereafter, again on the 20th, and ad hoc as needed once late payments clear.

When do owners receive monthly financial statements?

A preliminary statement is sent on the 10th or first business day thereafter, with the full monthly financial statement sent within the first week of the following month.

What monthly financial reports are provided?

Owner’s Statement with cash in/out by property and ending balance. 12‑month cash flow statement. Paid invoices. Additional reports available on request such as income and expense, rent roll, etc.