Sr. Director of Real Estate

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We are hiring a Senior Director of Real Estate to join our team!

The Senior Director of Real Estate will be responsible for driving real estate development to support new school growth at Spring. This remote role requires extensive knowledge of real estate transactions, entitlements, and the development process overall. Professionalism, real estate legal knowledge, and strong communication skills are critical to becoming a member of the Real Estate team.

It will be critical for this Senior Director to understand Spring's business model and strategy and quickly develop good judgment in the school development process. A successful candidate will be able to evaluate a new market, bring actionable new school development opportunities to the Executive team for review, and with approval be able to take a transaction to completion.

Why Spring

Spring Education Group is one of the largest operators of private schools in the United States. Spanning 19 states and and educating over 40,000 students, our 28 school brands are committed to our mission to develop the best schools and educators in America. In the past two years alone we have opened nearly 10 new campuses and some of our flagship brands, such as BASIS Independent Schools and Stratford Schools, are planning to open several new campuses over the next two years.

This role includes...

Site selection for new campuses in existing or new target markets

Conducting purchase/sale & lease negotiations

Managing real estate transactions

Duties & Responsibilities

Work with the President of Real Estate to identify real estate leasing and purchase opportunities to support new school development for the Company
Partner with Executive, growth, construction, and school operators in identifying and supporting new school growth and development
Build effective relationships with key internal stakeholders to ensure that identified growth opportunities have buy-in and meet the critical needs of the organization
Prepare and negotiate letters of intent for purchase/lease for review by potential landlords and brokers. Review comments from landlord's/seller's attorney/representative. Work closely with internal and external business partners to define proper response.
Negotiate all contracts (for new or existing campuses) with variety of landlords/sellers while maintaining on-going communication with counsel on contract status. Would oversee and manage each deal from initial search thru LOI, contract execution to closing or waiver of contingencies (completion of entitlements).
Have working knowledge of land use, public policy, and local political environments as part of the effort to lead the land use and entitlement efforts for new campuses. Will need to manage pre-development meetings and act as company representation at public hearings (as needed).
Partner with internal and external design and construction team members throughout the development process.
Oversee and manage numerous broker relationships including site prioritization, negotiation guidance, and related site tour reporting.
Deliver presentations to the Executive team to gain approval for proposed new campus projects.
Attend city or county meetings, maintain neighborhood relations as needed.
Lead negotiations for lease renewals to ensure they are maximizing value to the company and completed in a timely manner.

Skills, Knowledge, and Education:

Bachelor's degree or higher
7+ years of experience in real estate, development, or related field
Must be familiar with and have experience with land use/entitlement efforts
Knowledge of all aspects of commercial real estate transactions
Experience with sale leaseback transactions and turn-key development transactions
Ability to travel routinely to new and existing markets for site tours, meetings, etc.