What are the responsibilities and job description for the Real Estate Associate position at Primer?
About Primer
Fixing our K-12 education system is a civilizationally-important problem. We believe that all of our problems — including the ones that dominate the headlines — are downstream of education.
We have a simple thesis on how to solve it: empower 1,000's of educators to launch microschools in their communities.
We believe the historical tradeoff between price (tuition) and quality is a false dichotomy.
PrimerOS automates and eliminates much of the costs of traditional schools. Microschools have a structural advantage — asset-light real estate — which means much lower capex and opex. You put it together, and you get something that's never existed before: a world-class education that's accessible to normal American families and can rapidly scale.
About The Role
As the Real Estate Associate, you will play a critical role in supporting Primer’s real estate strategy and operations. You will focus on market strategy, property analysis, lease negotiation, and portfolio management to ensure favorable outcomes for our microschool locations.
Responsibilities
Fixing our K-12 education system is a civilizationally-important problem. We believe that all of our problems — including the ones that dominate the headlines — are downstream of education.
We have a simple thesis on how to solve it: empower 1,000's of educators to launch microschools in their communities.
We believe the historical tradeoff between price (tuition) and quality is a false dichotomy.
PrimerOS automates and eliminates much of the costs of traditional schools. Microschools have a structural advantage — asset-light real estate — which means much lower capex and opex. You put it together, and you get something that's never existed before: a world-class education that's accessible to normal American families and can rapidly scale.
About The Role
As the Real Estate Associate, you will play a critical role in supporting Primer’s real estate strategy and operations. You will focus on market strategy, property analysis, lease negotiation, and portfolio management to ensure favorable outcomes for our microschool locations.
Responsibilities
- Market and Portfolio Strategy:
- Conduct market analysis to support strategic planning and site selection.
- Provide underwriting support to assess project feasibility and financial returns.
- Develop and implement a streamlined sourcing strategy.
- Conduct necessary due diligence to advance viable microschool properties.
- Lease and Portfolio Management:
- Lead lease negotiation efforts to secure favorable terms: rent, CAM, and tenant improvement costs.
- Manage lease renewals, relocations, and landlord communications for existing school locations.
- Proactively identify opportunities for cost savings and operational improvements.
- Zoning & Land Use:
- Apply knowledge of zoning and land use to evaluate properties and streamline sourcing.
- Collaborate with internal and external teams to ensure compliance with local zoning and land use requirements.
- Relationship Management:
- Build and maintain strong relationships with landlords, brokers, city personnel and other stakeholders to streamline market entry.
- Bachelor's degree in Real Estate, Finance, Business Administration, or a related field.
- 2-5 years of experience in real estate analysis, leasing, or portfolio management.
- Strong understanding of land use regulations and zoning requirements.
- Proven ability to negotiate favorable lease terms and manage landlord relationships.
- Excellent analytical, organizational, and communication skills.
- Proficiency in real estate software and financial modeling tools.
