What Performance Charter School Development does

Performance Charter School Development is a national, full-service real estate development firm that finances, acquires, designs, and constructs facilities exclusively for public charter school operators. The company operates as a dedicated vertical within Hawkins Companies, a Boise, Idaho-based real estate firm founded in 1976, and runs regional offices in Boise, Idaho; Tempe, Arizona; and Texas. Performance provides 100% of the capital required for construction or acquisition, requires no upfront payment from the charter operator, and structures deals as 20-25 year leases with open-ended purchase options exercisable at any point during the lease term.

The firm's core product bundles five interlocking services under a single relationship: assignment and analysis to align facility needs with the school's mission, facility finance with full capital coverage, property identification and acquisition including entitlement management, design/build coordination with the operator's architects and engineers, and a purchase options program allowing the operator to acquire the facility during the lease. To date, Performance has developed nearly two dozen charter schools across at least nine states (Arizona, Florida, Idaho, Texas, Wyoming, South Carolina, North Carolina, Colorado, and others), deployed more than $250 million in capital, and developed over 1 million square feet of charter school facilities serving more than 16,000 enrolled students.

The business model is best characterized as a capital-intensive facility-as-a-service offering in which the company retains ownership of the underlying real estate and earns rental income from charter operators under long-duration leases, with an embedded path to asset sale via purchase options. Go-to-market is direct enterprise field sales, supported by memberships in five state charter school associations and a website portfolio. The company employs approximately 14 team members spanning development, construction, legal, accounting, and capital markets functions, and is privately held with no external funding rounds disclosed.

Name

Performance Charter School Development

Legal name

Performance Charter School Development

Website

https://performancecharterschooldevelopment.com

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Performance Charter School Development is a national real estate firm that provides 100% capital financing, site acquisition, design, and construction services for public charter school facilities under long-term leases, operating across 28 states as the charter-focused vertical of Hawkins Companies.

Ownership category

akta.pro rank

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Others

Revenue model

1. Charter School Facility Lease: Charter school operators sign 20-25 year lease agreements with open-ended purchase options available at any time during the lease term. Performance provides 100% of capital needed for construction or acquisition. No payments are required until the school is open and operating.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Performance Charter School Development is a national, full-service real estate development firm that finances, acquires, designs, builds, and leases charter school facilities on behalf of new and existing charter school operators. The company provides 100% of the capital for construction or acquisition with zero upfront cost to clients, structured as 20-25 year leases with open-ended purchase options, and no payments begin until the school is operating.

Product overview

Performance Charter School Development is a national, full-service real estate firm that provides an integrated, single-source solution for charter school facilities. The core offering consists of five interconnected services: (1) Assignment and Analysis to understand school mission and goals, (2) Facility Finance providing 100% capital with 20-25 year leases, (3) Property Identification and Acquisition handling site selection and entitlements, (4) Design/Build coordinating architects, engineers, and general contractors, and (5) Purchase Options allowing operators to buy at any time. The company operates as part of the Hawkins Companies family with offices in Idaho, Arizona, and Texas, and has developed nearly two dozen schools across multiple states including Arizona, Florida, Idaho, Texas, Wyoming, South Carolina, North Carolina, Colorado, and others.

Differentiator

Problem solved

Functional benefit

Products and services

• Charter School Facility Development Services Full-service real estate development offering providing 100% capital financing for charter schools to acquire or build new facilities, covering the entire lifecycle from assignment and analysis through design, construction, and purchase options. Targeted at new and existing charter school operators.
• Facility Finance Solutions Provides 100% of the capital needed to finance charter school buildings, structured as a 20-25 year lease with open-ended purchase options available anytime during the lease term. Payments begin only when the school is operating.
• Property Identification and Acquisition Collaborates with charter school operators to identify and acquire properties tailored to school needs, including site selection based on demographics, land size, and approved usage, and handling of the entitlement process.
• Design and Build Services Works with charter school operators and their design teams, including architects and engineers, to deliver buildings meeting enrollment, programming, and budget requirements, with active operator participation in the design process.
• Purchase Options Program Allows charter school operators to purchase their facility at any time during the lease process, with Performance providing access to appropriate financing models to support the acquisition.

Quantifiable outcome

• Over 16,000 students enrolled in Performance-developed schools
• +3 more outcomes

Named customers24 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered flagship and core.

• Hawkins CompaniesflagshipStrategic or Co-development Partner · 1 January 1976Hawkins Companies is the parent company and sponsor of Performance Charter School Development. Founded in 1976, Hawkins is a leading national real estate firm with nearly 50 years of experience. Its diverse portfolio includes 322+ projects completed across 28 states, more than 14 million square feet developed, and currently owns and manages 4.4 million square feet of commercial space and over 1,100 multifamily units. The portfolio spans charter schools, multi-family housing, self-storage facilities, office buildings, hospitality, and retail centers.
• Arizona Charter Schools AssociationcoreGTM or Marketing PartnerActive member of the Arizona Charter Schools Association, supporting charter school development in Arizona.
• Texas Charter Schools AssociationcoreGTM or Marketing PartnerMember of the Texas Charter Schools Association, supporting charter school development in Texas.
• North Carolina Association for Public Charter SchoolscoreGTM or Marketing PartnerMember of the North Carolina Association for Public Charter Schools, supporting charter school development in North Carolina.
• Public Charter School Alliance of South CarolinacoreGTM or Marketing PartnerMember of the Public Charter School Alliance of South Carolina, supporting charter school development in South Carolina.
• Colorado League of Charter SchoolscoreGTM or Marketing PartnerMember of the Colorado League of Charter Schools, supporting charter school development in Colorado.
• Gary HawkinscoreOthersFounder of Hawkins Companies. Gary Hawkins launched his career in site selection for major corporations including Smith's Food and Drug, Safeway, Albertsons, and Circle K. He established his own development firm in Boise in 1976 and has developed commercial properties across 26 states. He has also served as a senior instructor within the commercial investment division of the National Association of Realtors (CCIM).
• Brian HuffakercoreOthersCEO of Hawkins Companies. Brian Huffaker has been with Hawkins and its affiliate Hawkins-Smith since March 1994. He assumed the role of President in January 2016 and oversees day-to-day operations. He previously held positions as Director of Development Services and Chief Operating Officer, managing all development activities within Legal, Construction, and Predevelopment departments.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Charter School Capital: Nonprofit facility finance provider focused specifically on charter schools, offering real estate capital and lease structures. Directly comparable to Performance in target customer (charter operators), financing model (capital fronted for facilities), and mission.
• Building Hope: 501(c)(3) that finances, develops, and manages real estate for charter schools, providing facility solutions and back-office services. Closely matches Performance's model of capital-plus-services for the same charter school vertical.
• Civic Builders: Nonprofit charter school facility developer that acquires land, designs, builds, and finances school buildings for charter operators in urban markets. Same end-to-end development and capital-financing model as Performance, though more regionally concentrated.

Emerging players

• EdTec: Back-office financial, operational, and compliance services provider to charter schools. Comparable customer base (charter operators) but more focused on financial/HR services than facility development; an emerging complementary partner.
• Charter Impact: Provides charter schools with business, financial, and operational support services. Same charter school customer base; tangential overlap on real estate and back-office services but not a direct facility developer.

Broad incumbents

• Hannon Armstrong: Public real asset investor focused on climate and infrastructure solutions, including K-12 and higher education facilities via P3 and capital lease structures. Much broader portfolio but uses long-duration capital structures that mirror Performance's lease-and-option model.
• CBRE Group: Global commercial real estate services firm serving institutional and government clients, including education sector projects. Not specialized in charter school facilities, but competes for institutional development mandates and brings scale advantages.
• Jones Lang LaSalle (JLL): Global real estate services and investment management firm with significant education and institutional development practice. Comparable on real estate development capabilities but not specialized in charter schools.
• Cushman & Wakefield: Global commercial real estate services firm with a public-sector and education practice. Provides real estate development advisory that overlaps with Performance's institutional/institutional-style development, though much broader in scope.
• Trammell Crow Company: Major U.S. commercial real estate developer with deep institutional and ground-up development expertise, sharing parent-company ties to Hawkins-style development DNA. Not specialized in education but a relevant peer on real estate development execution at scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/PerformanceCSD
• LinkedInlinkedin.com/company/performance-charter-school-development

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Performance Charter School Development