Happy “Sweet 16” to TowerPoint: What we’ve learned and where the industry is headed
We’re humbled to reach the milestone of 16 years in business. As we commemorate this achievement, we take this moment to reflect on the evolution of the wireless real estate industry and the remarkable growth we have experienced since our inception in 2007 (the year of the iPhone!). And with renewed enthusiasm, we set our […]
Cell Sites Are Worth Far More to Portfolio Companies Than Individual Site Owners
Over the past 20+ years, the market has seen a sustained rise in investment interest for cell site leases (e.g. towers, rooftops and land), evidenced by the vast number of cell sites acquired by portfolio companies driving a dramatic increase in the value of these assets. So, what is behind this trend? Simply put, cell […]
Top 4 Reasons Landlords Choose to Sell a Cell Tower Lease
Why do landlords choose to sell their cell site leases? Demands on cellular infrastructure continue to rise as major wireless service providers invest in strengthening their networks across the country. Today, there is a robust market for cell tower site leases at unprecedented prices. But how do landlords know that a lease buyout is right […]
2022 Q4 TMT Earnings Calls Summary
Across the wireless industry, fourth quarter 2022 earnings calls from MNOs and tower companies demonstrated that activity and investment in wireless infrastructure remain high – however, 2023 is projected to be a year of lower growth than 2022. The Big 3 incumbent MNOs (AT&T, Verizon, and T-Mobile) all had busy years upgrading their sites to […]
The Atlanta Journal-Constitution: Company Puts Community Support into Action
Employees of TowerPoint, a Midtown-based telecommunications company, have long been engaged in community outreach. But it wasn’t always a focused effort, said CEO Jesse Wellner. “For the last 10 years, we’ve been really reactive,” he said. “If members of our team had a cause that was near and dear, they came to the partners, and […]
TowerPoint San Diego Volunteers with Surfrider Foundation
On Friday, November 5, TowerPoint San Diego participated in the company-wide effort to give back to our community. The team volunteered with the Surfrider Foundation for a beach cleanup to help remove 17 pounds trash and recycled materials. TowerPoint Atlanta’s initiative will be held on November 19 at Piedmont Park to help with park clean […]
1031 Exchanges are on the rise
Commercial real estate owners and investors are increasingly taking advantage of the 1031 exchange program to sell properties and re-invest into other traditional classes that are currently at depressed prices due to the coronavirus. According to Bisnow, the rise in activity comes as many real estate investors expect President Biden to introduce his proposed tax reform that includes increasing capital gains and dividends on […]
Three Questions That Cell Site Owners Should Consider
TowerPoint believes that the first and most important step in determining whether to sell your cell site lease is to establish that selling is, in fact, the highest and best use of the underlying property. There are three questions cell site owners should consider when determining the best use for their wireless real estate assets: […]
Wireless Industry Evolution Expands Opportunities for Cell Site Owners
As the wireless industry rapidly evolves and 5G expansion underway, cell site owners should consider three questions to help determine the next best steps for their wireless real estate assets: What are your plans (near, medium and long term) for the underlying property? What would a comprehensive audit of your lease reveal in terms of […]
Four Benefits of a Cell Site Lease Buyout
Why do landlords choose to sell their cell site leases? Demands on cellular infrastructure continue to rise as major wireless service providers invest in strengthening their networks across the country. Today, there is a robust market for cell tower site leases at unprecedented prices. But how do landlords know that a lease buyout is right […]