Real Estate Development Director

Learning Care Group•Novi, MI

4d•$158,000 - $165,000•Onsite

About The Position

The Director of Real Estate Development will be responsible for the full life cycle of new schools from setting market entry strategy to pursuing sites. The Director will work closely with the Legal department to negotiate project documents, and the Construction department to facilitate design, budgets, and schedule. This position will remain responsible for all aspects of deals from the initial concept through the construction and school opening.

Requirements

Bachelor’s degree required. Business or related study preferred.
5+ years of national real estate development experience within a national retail or multi-unit public company required.
5+ years’ experience in real estate site selection, negotiation, and closing transactions required.
Excellent customer service skills with both internal and external customers.
Capable of working with frequent interruptions and changing priorities.
Effective communication skills, written, verbal and interpersonal.
Proficient time management, organizational skills, and ability to meet established deadlines.
Knowledgeable in general real estate matters with understanding of excess property management and negotiating lease amendments.
Demonstrated ability to manage external partners.
Proven ability to negotiate and influence internal customers and external brokers.
Excellent presentation skills and ability to communicate with and relate to all levels of the organization.
Capable of creating executable real estate strategies.
Strong ability to self-start, think creatively, lead others, and innovate.
Skilled working in cross-functional teams leveraging critical and strategic thinking.
Ability to work with project management software, i.e. Lucernex or similar database, Smartsheet and Microsoft applications.
Capable of working with project management software.

Nice To Haves

Master’s degree in Business Administration or Juris Doctorate preferred.

Responsibilities

Lead Green Development Initiatives, understanding market strategy and collaborating with Construction, Operations, and Finance.
Attend Real Estate Committee meetings and present new Greenfield sites for ELT approval.
Lead and inform team meetings with Operations, Construction, and Finance to ensure new locations meet construction budget and timeline.
Conduct trade area assessment, tactical strategy development, and site selection to accomplish developmental goals.
Manage all aspects of the real estate transaction from initial concept through construction and school opening.
Develop market strategies, market analysis, and execute research.
Implement and execute development processes for targeted geographies.
Collaborate with brokers to research and target strategic site opportunities.
Monitor existing markets to understand evolving trade area trends and determine appropriateness for new development or repositioning.
Review and coordinate all real estate documents and legal issues with the Legal department.
Negotiate with brokers, attorneys, landlords/sellers to develop letters of intent, leases, and real estate contracts.
Develop and maintain relationships with regional developers, municipal and state departments and agencies.
Collaborate with Facilities and Construction to ensure lease terms align with project timelines and lease agreements.