We’re growing! We are looking for a Director of Real Estate.
Here’s what you need to know: The Director of Real Estate will join KIPP New Jersey and KIPP Miami’s team during an exciting phase of growth in south Florida. Reporting to the COO and working closely with the Managing Director of Operations in Miami, the Director of Real Estate will lead the strategic acquisition, development, and management of real estate to support KIPP’s mission and growth of our Miami schools. This includes securing long-term leases, purchasing land, managing construction projects, and scouting new school facilities throughout the South Florida area. The Director of Real Estate will oversee construction managers, manage project budgets, and negotiate development deals and leases to ensure all KIPP schools and the organization are in a strong financial position. This role will be instrumental in shaping the expansion of KIPP Miami as we aim to dramatically increase the number of students we serve over coming decade.
The ideal candidate for this position has expertise in real estate acquisition and facilities financing, as well as effective relationship building, vendor management, financial acumen, and project management skills. S/he should have a history of managing diverse groups of internal and external stakeholders through both direct supervision and influence. We are looking for someone who is passionate about KIPP’s mission and our values.
Maintains an unrelenting commitment to continuous improvement, results-orientation and unwavering determination to ensure students and teachers succeed
Always makes decisions in the best interest of students, striking the right balance with external constraints
Possesses a constant focus on excellence
Builds the strongest relationships with all stakeholders
Influences others to achieve outcomes that best support kids
Knows what’s important and what to prioritize at all times
Is the fastest of learners and synthesizes information quickly
Maintains supreme flexibility, with an ability to maneuver effectively in the face of uncertainty and transition and to continuously adapt priorities while maintaining focus on goals
Outstanding project management skills and the ability to coordinate and maximize the contributions of others
Strong financial acumen and analytics; resourceful with limited budget and resources
Skilled at analyzing, interpreting, and using data to collaborate, identify best practices and areas for improvement, and drive results
Ability to self‐direct and prioritize among competing goals and exhibit flexibility in a fast‐paced, entrepreneurial environment
Adept at thinking strategically, translating plans into action, and exhibiting excellent judgment
Bachelor's degree required; target at least 8-10 years relevant work experience
Exceptional verbal and written communication skills
Strong organizational skills and attention to detail, with a demonstrated ability to work independently in a fast-paced environment, lead projects, meet multiple concurrent deadlines and organize time and priorities
Ability to collaborate with a wide range of constituents and to build partnerships around common interests and goals
Robust knowledge of public education, education reform initiatives and the charter school movement
Sense of humor and strong interpersonal skills that contribute to a collegial working environment
Experience reading, interpreting and analyzing construction drawings and specifications
Ability to read and interpret environmental reports and make recommendations on site selection
Here’s what you’ll be doing: Plan and oversee real estate strategy to meet each region’s growth goals:
Develop real estate strategy in coordination with KIPP Miami ED and MDO based on established growth model
Vet real estate strategy with regional leadership and finance team to ensure sustainability
Learn and understand market conditions and real estate landscape
Recommend facility size requirements based on local conditions and approved facility model
Develop space/facility model for each region based on region’s school models and local conditions
Lead all aspects of real estate development to meet each region’s growth goals:
In partnership with MDO of KIPP Miami, identify future sites for facilities
Vet and analyze feasibility of buildings or sites for future growth
Lead negotiations for lease or purchase terms based on region’s needs and financial plan
Develop and manage project budgets
In partnership with the finance team, develop and vet financing packages for each real estate project
Oversee site acquisition
Hire and manage third party project managers
Hire or vet the hiring of architects, contractors and other professionals needed for the real estate process
Oversee the entire real estate development process, including construction (this may require using third parties)
Manage project communication regularly with regional staff, providing project updates and other information required by regional teams
Facilitate building hand-off meeting with local team
Develop financing and ownership structures in alignment with the region’s financial plan:
Provide real estate development cost assumptions based on market data to inform financial model
Provide financing assumptions based on market data to inform financial model
In conjunction with the finance team and finance consultants, develop financing scenarios and structures for real estate transactions
Identify development and financing partners as required by each region’s real estate strategy
Negotiate terms of development and financing structures
Support financial closings on real estate transactions as necessary
Understand school and KIPP financials, analyze real estate opportunities with financial lens, develop solutions that are financially viable for KIPP Miami and the organization
Create and manage project budgets and timelines, including alignment with State/Federal facilities related grants
Develop key relationships to ensure successful project outcomes:
Build strong external relationships and partnerships to enable effective real estate strategy (e.g., school districts, city councils and chambers of commerce, nonprofit organizations, community partners, and private property owners)
Vet and manage relationships with brokers, architects, property developers, and general contractors
Contribute as a leader and team player:
Participate in real estate/facilities team meetings across CMO teams
Develop tools and resources for real estate development projects and share best practices
Document work as necessary to support marketing efforts
Coordinate with other CMO teams as necessary (e.g Tech, marketing, etc.) on real estate development projects
Compensation & Benefits KIPP Miami offers a full comprehensive benefits plan, including health care, competitive 403(B) plan, an optional subsidized wireless plan through Verizon, and a school laptop.
About KIPP Miami KIPP is a non-profit network of college-preparatory, public charter schools educating 100,000 elementary, middle, and high school students in 242 schools across the country. KIPP Miami is a new region and its first schools will set the pace for excellence and lay the foundation for school-based structures across the region. Over the long term, KIPP Miami plans to serve students from grades K-12 in multiple schools across the city.
KIPP Miami seeks to create and sustain a high achieving and inspiring community schools that battles inequity by empowering students to develop the skills, character strengths, and habits to thrive in college and beyond, shape their futures, and positively impact the world.
We’re passionate about kids, fun and improvement. To find out more about why great teachers join, visit our website here.
KIPP Miami and KIPP New Jersey are equal opportunity employers.