Head of Legal

Flock · New York City, NY

Company

Flock

Location

New York City, NY

Type

Full Time

Job Description

Why Flock?

We're at the beginning of the largest transfer of wealth in human history. In the coming decades, millions of mom-and-pop landlords, who own trillions of dollars of real estate, will pass their properties on to the next generation.

At some point, every landlord faces the same problem: they don't want to own, but they don't want to sell. Why? The loss of income and appreciation, depreciation recapture and capital gains, the hassles of getting a house ready to sell – the list goes on.

Flock is building the retirement solution for landlords. Our first offering is a tech-driven 721 Exchange, helping individual rental property owners seamlessly convert their real estate into shares in a professionally managed portfolio of homes. Some people call it the UPREIT; we call it "The People’s REIT."

We’re fortunate to be backed by a great group of venture capital firms, including Andreessen Horowitz, Human Capital, Susa Ventures, Box Group, and Primary Venture Partners, as well as a large network of strategic investors, including 1Sharpe Ventures, Redwood Trust (NYSE: RWT), Fred Tuomi (former CEO of Invitation Homes), and Eric Wu (former CEO of Opendoor). Since our launch two years ago we've grown from 5 homes to 500 homes, and we're just getting started.

The Position

The total annual compensation of this role with be a combination of base salary and meaningful equity in the business. The annual base salary is $225,000 - $275,000 and the combined base + equity will equal in the range of $400k-$600k. The role also includes a full benefits including medical, dental, vision, and 401(k).”

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Date Posted

05/23/2023

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