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Webinar Recap: 5 Key Aspects of Managing Your School Building

Grow Schools

February 22, 2024

Webinar Recap 5 Key Aspects Of Managing Your School Building 1

Delve into the essential aspects of school building management in this webinar, 5 Key Aspects of Managing Your School Building. The panel of experts covered a spectrum of topics crucial for school leaders managing their buildings, including best practices and considerations for building improvement, renovation, and management.

You can watch the webinar on-demand anytime here. Here’s a recap of what was covered.

Construction Best Practices

Expert Michael Soh shared best practices for ensuring your construction project stays on track and within budget. Here are a few of his recommendations:

  1. Plan and design with precision
  2. Assemble a strong team
  3. Implement competitive bidding
  4. Engage experienced consultants
How to Make the Most of Your Lease

Next, we heard from Tabatha Martins and Mary Dillon on how schools can make the most of lease agreements.

They discussed understanding your lease terms, rent details, property conditions, and tenant rights. This is crucial for negotiating favorable terms and fostering clear communication with landlords.

Facility Financing Options

Tommy Alberini shared financing options for school facilities, discussing factors like eventual ownership, lease terms, buyout and refinancing options, and payment structures to strike a balance between flexibility and stability.

How to Work with a Broker

Next, Maddy Marlton shared the benefits of working with a broker. She emphasized how partnering with a commercial real estate broker offers access to market insights, listings, negotiation expertise, and regulatory guidance, streamlining the process and enhancing the likelihood of securing an ideal facility.

Real-World Experiences

Lastly, we heard from Christin Barkas and Ryan Eldridge, who shared real-world experiences of schools accomplishing their mission through strategic building upgrades.

Partner for Support

If you’re embarking on a building upgrade or building purchase, we’re here to help. Get in touch with our team and browse additional free resources below.

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