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Archive for February 17th, 2010

Charters & Real Estate Speculation

As I’ve noted repeatedly, corporate charter school organizations are using their “public” mandates as investment tools that real estate speculators gobble up for obvious reasons.
Inland Public Properties Development Inc, a subsidiary of Inland American Real Estate Investment Trust Inc., has purchased seven charter schools for $61 million. The sales-leaseback deal includes schools managed by Imagine [...]