Charter schools, already seeing a surge in students, are getting attention from another group -- private investors.
Entertainment Properties Inc., known mostly for sinking its money into movie theaters and wineries, recently bought 22 locations from charter school operator Imagine Schools for about $170 million. The real estate investment trust acts as landlord, while Imagine operates the schools and is using the investment to expand its chain of 74 locations.
Story at Times Picayune by David Twiddy
Posts
No comments:
Post a Comment