Tower Genius — We are the USA's Top Cell Tower Lease Consultants and Transactional Coaching Service. We typically recommend making a dozen to two dozen changes on any given lease or lease amendment with Verizon Wireless, DISH, AT&T, T-Mobile, Sprint, US Cellular, SBA Communications, Crown Castle or American Tower simply because the leases are so one-sided in their favor. Do you want to hire somebody who has seen less than a handful of these deals in their lifetime? We recommend working with our Authorized Agents when conducting a lease buyout or agreement. If you are going to sell property with a cell tower lease, sell the lease and future leasing rights before selling the property.
Proximity of like-kind cell sites can reduce a tower's desirability. As the saying goes, you get what you pay for. Another way cell tower lease consultants can help you is by reviewing and managing your cell tower lease renewals. A cell tower ground lease. The cell industry has people who negotiate the rates and terms on their behalf, but far too often, the property owners are left knowing little about the process or how to get the best lease. Their mission is to help protect those leasing their land and buildings for cellphone towers.
I need to know how this works and how they are to make money because …. If you have one or more towers and you're looking for a fast, easy closing process, we can help. Secondly, without a sizeable number of leases, they can't take advantage of diversification. Regional: Looking for total portfolio support and new sources of revenue and capital. A reputable cell tower consulting firm will deal with all aspects of the negotiation process associated with cell phone tower lease agreements on behalf of a property owner. Some utility companies also lease cell site space to connect power lines. The only way this can occur is to upgrade existing telecom equipment and add new towers to densify wireless networks. As you can expect, they may tell you only they can get you the largest offers, provide the best service, etc. Cell tower lease consultants are many, but there is only one Tower Genius. When given a proposal for a lease renewal, what is the best approach to take? Has a company sent you a letter or has one of their cell tower lease consultants been aggressively calling you about the urgent need to optimize your lease due to industry consolidation or advances in wireless telephony, and have they threatened to move the cell tower or exercise their termination rights if you don't give them a reduction in the annual cell tower rental revenue that you get?
Frankly... sometimes an "Expert" just isn't enough. Steps to Hiring a Cell Tower Consultant. For a free 30-minute consultation regarding cell phone tower leasing, call (866) 746-8907. Tower Lease Amendment Review and Site Rent Valuation. Business decision makers within his client relied on his intuition, knowledge, and experience to help them make the best business decisions. In addition, cell tower lease consultants often have proprietary databases or industry.
Cell towers are like roads: They connect one point to another and handle day-to-day traffic. What's new on Check updates and related news right now. For a free consultation, call 404-644-6446, or visit the site at: About. Please note that this is not a lease that our cell tower lease consultants negotiated or are associated with. That way, if a tower company is looking for a site, it already knows of your interest and who you are.
"However, you can only do that if you have selected to work with one who has the experience to ensure that happens. It's important to understand that each cell-tower lease has its own value, so there isn't a set amount of rent you should seek. A ROFR protects both of us. Too often we find landlords receiving large consultation bills for failed negotiations. Whether you are a small HOA or a 20-story condominium, we can help you with your specific cell tower lease needs while also helping you navigate various owner/tenant interests. Our deep industry knowledge allows us to customize offers to generate the best outcome for you. To date, we have completed over $1 billion in ground and rooftop lease acquisitions across the U. S., Canada, Australia, and Puerto Rico. Converged Services works with commercial buildings, apartment and condo owners, multifamily residences, landlords, building managers, and associations of all kinds who want to lease their rooftop for a cell tower. There is a market rate for fees. The seller should have decision-making power.
Leases with these companies. Some building owners can see millions of dollars in income over ten years, depending on the carrier, the amount of roof space leased, and other factors. Many owners believe a tower only impacts the immediate area on which it stands. And if you must enter your email address to get a "free rent report" then that's a dead give away that they want your email address for a different purpose. Cell Tower Lease Negotiations. Rather, you need to hire a home builder who understands excavation, framing, contracts, pricing, utilities, plumbing, etc. Why are these companies contacting me so frequently? Any questions that the property owner may have with regards to the terms and conditions contained within the lease will be able to be answered quickly and professionally by these consultants as well.
This role has evolved to be landlord facing rather than lease negotiations. These companies almost always receive Search Rings from wireless carriers defining where carriers need towers to be built. There is a market rate for fares and when a fee sounds high, it maybe is. Hiring CellWaves as your cell tower consultant provides an advantage at every step along the way of the cell tower leasing process. SBA Communications, the top-tier tower companies. When looking for tower consultants to handle the negotiation of their cell tower lease agreements, property owners should ensure that they choose those that are reputable and that have the right industry-related experience. It's estimated that the average cell-tower agreement underpays by close to $1 million over the life of the lease. Carriers sometimes want to acquire additional land on an existing site.
We can answer your questions pertaining to cell tower ground lease rental rates and anything related to cell tower lease negotiations. With a business model that allows us to offer flexible terms and payouts, we'll help you evaluate your options and choose the one that makes the most financial sense for you and your objectives. We welcome you to find out more, today! We offer flexible terms and payouts for rooftop w ireless tenant leases—giving building owners an imme diate lump-sum payment or other steady source of income. Or if you already have a cell tower, and you are getting bombarded by companies ask to purchase a perpetual easement or cell site lease buyouts we can also help you when you have a cell tower lease for sale. Every five years — should be renegotiated at the earliest opportunity as a low. That's a long time to put up with a jerk. Once you agree on a term and all necessary logistics, both parties will execute the lease. Each company has capital to deploy and investors to please.
And never pay some money to be on some kind of "friendly landlord" list. Click below to see contributions from other visitors to this page... Tower Genius - Fee Collection. We recommend asking them a follow up question to an answer they give you to see how they handle it. Religious Institutions and Non-Profit Organizations: A cell tower lease can provide your institution or organization the income it needs to help offset expenses. Malls and Shopping Centers: We understand you want to get the most NOI possible for your property.
Several consultants' procedure preemptive rights applications for AT&T, others do open contract work for AT&T or T-Mobile. Their experience needs to be relevant to engineering, negotiating, leasing, zoning, and building cell towers. Primary causes of site or tower decommissioning. If I decide to hire your company to represent me for a lease, how would you determine and collect your fee? In addition to the questions below, feel free to check out 10 Factors To Consider When Hiring a Cell Tower Lease Consultant. Hiring one might cost you a bit of money, but the return on investment will more than make up for it. They are often drafted with one or two six-month options periods, an initial 5-10-year lease term, and multiple five-year lease option terms, extending the potential lease to a total term of 30 to 50 years or more. Through our Rooftop Alliance Program, we'll offer you a cash buyout of your rooftop wireless tenant leases—providing you with a lump sum payment that you can use to fund your immediate capital needs.
Some key differences exist between a cell tower attorney and a cell tower consultant. Always consult your CPA for qualified tax advice. There may be several potential tax advantages to negotiating a buyout. I get asked all the time do I want to sell my lease. We will contact you within 24 hours, likely sooner. They are often drafted with one or two six-month options. And finally, read the road signs. It can even be significantly more, depending on where the tower is being installed and the type of tower required. While this is a good option, it is also tricky and should be navigated by an attorney with a successful track record.
Hotels and Motels: Whether you operate a large hotel in an urban metropolis or a small motel in a rural town, we can help you take advantage of your cell site lease needs. There needs to be language that pertains to subletting pole or tower space and language that pertains to the ground. We can say first-hand that Nick does a great job in not only advising us landlords on the lease agreement but also in leading us to a position to obtain positive results. Spend a few minutes checking out the consultant's reputation so there are no surprises later. Several cell tower consultants you can find online have direct conflicts of interest. Realistically, their whole network is built around having a cell tower at your location.
I am needing help with a lease.
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