October 31: Deadline for 2024 Transactions
As we approach the end of 2024, TowerPoint is seeing a significant increase in cell site owners looking to initiate a transaction before the end of the year.
Here’s what’s driving the urgency:
- Tax Uncertainty: With potential tax code changes after the 2024 presidential election, securing today’s rates could protect earnings.
- High Market Demand: Prices for cell towers are near record highs, but the market is shifting quickly.
Avoid Year-End Delays As more owners push to close by year-end, banks and due diligence teams are seeing longer processing times. To ensure your transaction closes by December 31, 2024, we recommend entering agreements no later than October 31, 2024.
At TowerPoint, we’re here to guide you through each step to make sure the process is smooth and timely. Whether you need advice or want to assess your options, we’re ready to help.
