New niche for real estate investors — charter schools


real estate investors
A classroom in Academy 360, a new charter school in Denver. During the 2014-2015 school year, 500 new public charter schools opened nationwide. /PHOTO- KYLE FORTI:NORTHSTAR COMMERCIAL PARTNERS

By Peter Grant | The Wall Street Journal

Real estate investors are showing an increasing interest in charter school development as the demand grows for classroom seats and some state and local governments become more willing to help finance charter-school projects.

Almost all charter schools are operated by nonprofit organizations. But these groups often rent and buy their buildings from private real estate developers, and that is creating a new niche asset for some investors.


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