Sentences with phrase «schoolhouse finance»
For example Imagine Schools runs its own property acquisition arm, Schoolhouse Finance.
http://prospect.org/
Imagine quickly expanded and became notorious for the real estate deals of its subsidiary company, SchoolHouse Finance.
SchoolHouse Finance buys properties, often selling them for twice or three times the purchase to a buyer, and then leases them back from the buyer in order to then lease them to Imagine charter schools at exorbitant rates.
Earlier this year in Missouri, a U.S. District Judge found that the cozy relationship between Imagine Schools and SchoolHouse Finance LLC «clearly constituted self - dealing» and ordered Imagine Schools to pay nearly $ 1 million for inflated rental costs.
Imagine Schools has a special incentive for its full court press against closure: the two schools are tenants of property owned by Imagine Schools» real estate arm, SchoolHouse Finance LLC.
It includes a non-profit (Imagine Schools Non-Profit), a for - profit management company (Imagine Schools), and a real estate development company (Schoolhouse Finance).
Not exact matches
As John Dinan shows in «School Finance Litigation: The Third Wave Recedes» in From Schoolhouse to Courthouse, state courts have grown increasingly weary, and wary, of being drawn into these political quagmires.
The Schoolhouse team has a passion for school choice and offers comprehensive experience in education, real estate, construction and finance.