The Charter School Facility Center at the National Alliance for Public Charter Schools will host a webinar on renegotiating leases in the time of COVID-19. The pandemic's impact has caused unprecedented financial uncertainties and operational challenges for charter schools across the country. Many charter operators and boards may consider revisiting all potential financial levers, including real estate obligations, to stabilize and support healthy operations moving forward.
The session is geared towards supporting operators in leased facilities who may want to consider the viability of renegotiating current lease terms. The session will aim to provide participants with an overview of reasons to consider renegotiating a lease, factors to research and consider before entering a negotiation, levers and scenarios that could influence a specific outcome and considerations for the best approach to a landlord. A Q&A session with panelists will conclude the session. Panelists will include individuals with deep expertise in charter school real estate leasing who have conducted this work as charter operators and board members, consultants, and legal counsel.