At NAREIT’s Investor forum at REITWEEK 2015, Real Estate Investment Trusts, or REITs, see continued demand for wireless capability that will encourage growth in the US for the forseeable future. Crown Castle International Corp president and CEO acknoweldged that demand for data in 2014 grew by 60 percent. Industry analysts expect as much as a …
A Perpetual Communications Easement gives a tenant the right to use your land for a specific purpose for an indefinite period of time. The easement would allow the tenant the opportunity to access and operate the the cell tower. Agreeing to a Perpetual Communications Easement may limit your options if you ever want to look into using …
Realizing that monthly rate variance on tower contracts from the single digits to the tens of thousands monthly doesn’t provide a site owner with any real negotiating power. You can easily purchase a car for $100 to $100,000 depending on any number of factors obvious to most of the public with even a cursory understanding …
We receive frequent requests from individuals inquiring about developing a new cell tower on their property. When construction can be completed for as little as $70,000 and carriers are willing to pay more than $1,700 monthly, the curiousity is understandable. Building might not be the best option for you. There are countless towers across the …
AT&T and T-Mobile draw lines in the desert through the FCC. AT&T is currently waiting on approval from the FCC regarding its plans to acquire the assets and spectrum of Plateau Wireless. T-Mobile currently has roaming agreement with Plateau Wireless and has requested that the FCC ensure that agreement be honored by AT&T in the …
The town council of Clarkdale Arizona has approved a conditional-use permit for Capital Telecom to build a new tower. The permit will allow Capital Telecom to construct a new 65 foot tower near Foothills Terrrace Subdivision. The council met with backlash from residents over the approval of the conditional-use permit. It was explained to residents …
Cellular sites can provide stable long term income for site owners and lease holders. That income can vary greatly depending on how the cell tower lease agreement is created. Wireless companies aren’t going to structure contracts in the owner’s benefit out of good nature. It is up to the owner to structure the contract to …
Recently, major carriers offered aid to earthquake victims in Nepal. Before the Earthquake in Nepal, the country saw as much as 90% of its population in coverage. With damaged cell towers only able to provide sporadic coverage, Nepalese people were left with a new challenge of simply letting their loved ones know they were safe. …
Using a cell tower lease in order to obtain a loan, especially if the amount is considerable and your credit scores are not that good, you will need to bring in collateral. A cell tower lease would, obviously, be preferable to your home, car or other similar assets or, if these were already used for different …
Using a Cell Tower Lease as Collateral for Obtaining a LoanRead More »
Are you one of the many land owners that leased part of their properties to telecommunication companies, for erecting and maintaining cell towers? Leasing land for such a purpose might prove a good deal, bringing you significant revenues, but the time may come for you to sell the lease rights with or without the actual …
Selling a Cell Tower Lease: Separately or with the Property?Read More »
