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Cell Tower Lease Consultant | 7 Things To Look For

If a report is so important, why not just post it on their website? Those who have cell towers or are considering allowing one on their property should always work with a consultant first. Separate from the property. Our two Partners Steve Kazella and Kevin Donohue have over 50 years of combined experience working in wireless infrastructure leasing, zoning and cell tower development, and landlord advisory; simply put, Kevin and Steve are the best cell tower lease consultants assisting property owners and cell site landlords in the United States.

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In addition to a legal background, a real estate background is critical. Rather than buy land, cell-tower companies lease it from municipalities, businesses, schools, churches and even individual homeowners. Talk To America's #1 Cell Tower Lease Consultants Kevin Donohue or Steve Kazella. Considered the top-tier wireless carriers and Crown Castle, American Tower, and. Cell tower lease consultants are many, but there is only one Tower Genius. Maximizing opportunities for land and building owners. The cash value keeps going up. We provide services that assist you in complete property management such as buying / selling / renting of properties such as apart... American Tower Corporation is a publicly held company that is a leading owner and operator of wireless and broadcast communications sites in North. In these circumstances, a cell company may threaten to take down a cell tower and move to a new location. If you feel that you meet all these requirements, you can submit your property for consideration via the wireless carriers' websites.

Never a fee until we agree to work together and we deliver all-inclusive results to your satisfaction. These "consultants" will have no professional contacts within the wireless carrier community such as AT&T, T-Mobile, Sprint, Nextel or Clearwire. Cell towers are like roads: They connect one point to another and handle day-to-day traffic. Are you looking to increase rents? For example, if the cell tower company wants to add additional equipment to the cell tower, the consultant will make sure that you are adequately compensated for it. They contact you because they have found that landowners who are contacted repetitively will tend to wear out and start to believe their rhetoric (or in some cases, outright misrepresentations). Sharing agreements vary considerably but generally provide a revenue split. We can answer your questions pertaining to cell tower ground lease rental rates and anything related to cell tower lease negotiations. Another way cell tower lease consultants can help you is by reviewing and managing your cell tower lease renewals. Since the value of the future cash flow from your lease really isn't likely to change, the value of your leases don't fluctuate, but the attractiveness of making an investment in a lease can.

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Were you approached by a company offering you a lump-sum cash payment or cell tower lease buyout and you have questions? We hear stories of Dr. Jackal Mr. Hyde screaming consultants, those who do not follow through, those who cannot write a comprehensive professional email, "all fluff / no substance", and lacks real credible references that you can talk with and verify directly. Another important aspect is understanding all the fees involved in the consultation. Search or a title company can be used to locate owner information. Traffic counts, among other things. I have a 12 year old, 150′, mono pole tower on my land. I am needing help with a lease.

Rates range from a few hundred dollars per month to tens of thousands of dollars per year. We have years of experience negotiating telecom industry agreements that have created tens of millions of dollars in profitability for our clients. Espinosa is a leading cell tower lease expert in the country, having helped countless landowners to negotiate better contracts. By Steve Kazella, Partner at Tower Genius. Of cell tower lease rights can restrict a property unnecessarily if not.

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Here are a few unique ways they can help. Selling tower lease. Have you been contacted by AT&T with a new cell tower lease proposal to support FirstNet? Municipalities and Government Organizations: Our lease experts have worked with municipalities and governments all over the country.

One major concern is whether a cell tower will decrease property value. In addition to receiving rent, you maintain the ability to sell the lease in the future. Most everyone has heard of AT&T, T-Mobile and Verizon, however, you may be surprised to learn that these companies own just a small fraction of the cell towers nationwide. Not only do they help negotiate better rates and terms, but they can also share insight on tax-saving advice on the additional revenue being earned.

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A cell tower ground lease. No matter what a cell-tower company tells you, there's no such thing as "market rent" in this industry. I have a cell tower on my property. Most self-storage owners want to know: What's the impact of a cell tower on my property taxes and value? A cell tower lease consultant can make sure your interests are represented. It's like a surgeon advertising "300% improvement in survival rate. "

As a property owner contemplating a cell tower lease, you'll find that a cell tower leasing consultant can provide invaluable negotiation services. Funny, we've noticed that a handful of so-called cell phone tower lease experts have popped up with websites that sound a lot like ours. At a minimum, it helps landowners understand that there is value in their cell tower or cell site lease(s) and makes them question whether they truly understand with the value of their lease. We'll work with you to evaluate various options with no strings attached.

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We'll also be responsible for the ongoing marketing of the rooftop site and will pay you a revenue share for each new tenant we put on your property. There is a market rate for fees. We need to know how much to negotiate your lease to. Property owners and tower companies or carriers are actually ground leases. Wireless carriers and. Our proprietary database allows mobile network operators to search for communications sites, including rooftops, apply for collocations, and track projects throughout the leasing process. I recently took control of a piece of property that has a cell tower on site. HOAs & Condominium Associations. It is on a 10-story building in a fast-growing market …. All that is so 1990's. We understand you want to help your community in the best possible way and may not always have the resources available to take advantage of the opportunity when approached with a cell site proposition. Tower Genius has been providing a very specific kind of consulting service within the cell tower industry since 2008 as experts and advisors to cell tower …. The penalty exists largely because the sale of the lease rights does not eliminate current or future landlord responsibilities to the tower tenant — and a cell tower with no income can reduce a property's value. In addition to the questions below, feel free to check out 10 Factors To Consider When Hiring a Cell Tower Lease Consultant.

These entities don't have any wireless customers, but they play a very important part in our ability to use our phones. However, unlike typical commercial real estate leases, cell tower leases can actually. A portion of the additional rents, assuming the lease includes a revenue. In addition to being a cell tower advisor, Shival is a cell tower attorney. If your ground lease has less than 30 years remaining, you should consider discussing a lease extension with us. Having managed T-Mobile's engineering and real estate departments and providing engineering services for other wireless carriers for decades, we have never relied on any external lists to design cell towers.

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However, negotiating a cell tower lease can be a complex and confusing process. The carriers will bank on misleading the landlord into thinking they're offering a really great deal, when they're actually only looking out for their own bottom line. Espinosa has over 14 years of experience in working with cell tower leaseholders, helping them to get the best possible rates and terms. That's your best bet. We get front row seats to major tower projects, and are involved with every aspect of tower development, from initial tower designs, to zoning support, construction drawings, engineering presentations to boards/residents/commissioners, Phase I environmental reviews, tower and rooftop lease negotiations, structural engineering assessments, rooftop engineering reviews, construction management, though technology upgrades and generator adds. And with exceptional customer service and local offices around th e country, yo u can count on timely payments and personal support. Or do you have a rooftop cell site installation with with Verizon Wireless, AT&T, T-Mobile Sprint, US Cellular and you have problems with the carriers and you keep hitting walls and resistance? If it doesn't sound right it probably isn't right. What's new on Check updates and related news right now. While your transaction will likely qualify for capital gains treatment, you can further defer your tax liability with a 1031 exchange. As the cell tower industry grows so does the size of the staff of consulting firms. Also significantly affects the lease's value. Radio Frequency engineers who specialize in the radio wave propagation.

One red flag to be aware of is when a wireless carrier offers to raise their rent, for example, by offering a 10% increase every five years. Crown Castle, American Tower ATC, SBA Towers are the "Big Three" tower companies. He routinely helps those with Crown Castle cell tower leases, Verizon cell tower leases, AT&T cell tower leases, lease extensions, and others.

Tue, 18 Jun 2024 03:40:23 +0000