Purchased back in 2015 for $10.1 million dollars, the Turner-Agassi group is no stranger to yielding big returns on their investments. In total the group has developed over 96 schools with a proven investment strategy. The Group acts as a “Bridge Developer” for the schools. Fronting the cost of construction and site selection, the group then leases the school to a charter school operator until the school reaches enrollment quota where then it’s purchased back from Turner-Agassi.
Charter Schools are becoming a very attractive to investors, as supply for locations are starting to dwindle, demand grows and financing becomes more readily available.
Turner-Agassi plans on spending another $500M to develop an additional 65 schools according to their website.