Portland, OR, September 9, 2014
Part of $500mm in innovative financing to meet charter schools’ growing demand for facilities
With growing enrollment and nearly one million students on charter school waiting lists nationwide, charter school leaders need to find facilities that meet their needs, both now and in the future. American Education Properties, LLC (AEP), launched in June of this year, addresses this increasing challenge. AEP is a collaboration between Charter School Capital, the nation’s leading provider of working and growth capital to charter schools, and American Infrastructure MLP Funds (AIM), a leading private investment firm specializing in real property, infrastructure and natural resources businesses.
The distribution of the first $75 million of $500 million in facilities funding marks one of the largest of its kind to date. This investment supports facilities at nine schools in Arizona, Colorado, Florida, and Washington, D.C., which educate roughly 4,550 Imagine Schools students, as well as students at two charter schools run by independent operators in Arizona and California.