Cell Tower Acquisitions Strategy
Anyone have past experience in acquiring the cell tower real estate? I'm considering investing in the area but would like to hear people's thoughts.
Trending Content - Private Equity Forum
Career Resources
I've never done it but I have seen a few leases and know that there are a lot of major players in the space.
From what I've seen leases are typically long term, ground leases. Think 15 years where they get the right to put their tower up on your property. I've also heard of owners keeping their land but selling the rights to the lease to a third party, usually as like an easement.
have you sold any yet? I would like to know a little more. Can you do a call next week?
Never sold one or executed a lease for them.
A couple of properties I used to lease for had them already on them when I got the assignment. I've merely read through the leases, don't really have too much more information than what I've given you.
If you're a broker, it might be helpful to drop a line into some acquisitions guy at like Crown Castle just to see what they look for when buying one.
Pretty active space.
Active space. Main players lease advisors, wireless capital partners, grain capital, crown castle, landmark dividend. Towerpoibt capital. Used to be a super lucrative market with 4-8x returns. Almost impossible to get that in us now. Dying market
Did you pursue this??
Yields compressed where identifying a meaningful transaction was rare. Additionally, these are very small deals ($1MM) so volume is needed to have an attractive strategy to sustain a platform.
Ea quidem earum natus aspernatur eveniet. Ducimus soluta consectetur vel modi ea omnis.
Unde aliquid cumque rerum similique soluta repudiandae mollitia. Aut odio sapiente amet cum. Architecto officiis blanditiis suscipit numquam illum.
Eveniet est eum quia ipsum laboriosam iure. Voluptate molestiae tempore quis quia. Incidunt repudiandae autem quia dolores aut. Fugit eius exercitationem placeat aliquam ipsum ipsa eum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...