13.01.2012 - Property investors bet on rising demand for U.S. charter schools
A warehouse where workers once shaped and cut steel on Milwaukeeís north side is getting a second life. Itís being transformed into a charter school thatís scheduled to open in August. A joint venture of Canyon Capital Realty Advisors LLC and former tennis champion Andre Agassiís business partnerships is developing the property and will lease it to Lighthouse Academies of Wisconsin Inc. The Canyon-Agassi real estate fund has done one warehouse conversion in Philadelphia and is considering school projects in other U.S. cities, including New York and Houston...............................................Full Article: Source
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