With the recent COVID-19 pandemic causing a historic downturn in the stock market and overall economy being severely impacted by recorded unemployment and business closures, many cell tower landlords have started exploring selling their cell tower leases.
During the month of March, a record number of cell tower landlords received rent reduction letters from wireless carriers like AT&T, Verizon, and T-Mobile and cell tower companies like American Tower and Crown Castle.
Like every company during this time, telecom companies are looking to reduce expenses, and this includes either rent reductions or lease termination.
As a result, many property owners are trying to reduce the risk of a reduction in their rents or a termination of such rents by getting ahead of the curve and selling their cell tower leases while they have the opportunity to do so.
Vertical Consultants works with property owners across the United States to secure the maximum price for their cell tower lease, while making sure they are protected from certain pitfalls associated with a bad cell tower lease buyout transaction.
Vertical Consultants will review your lease to determine whether the benefits of a lease purchase outweigh the risks of lease ownership.
Vertical Consultants offers a simple 3-step process to optimize the value of your cell tower lease:
Step #1. Lease Review And Appraisal: Vertical Consultants will review your lease terms and conditions to determine the true market value of your lease.
Step # 2. Create Your Custom Plan: Vertical Consultants will provide you a free phone consultation, at which time we will make recommendations for maximizing your lease value and provide options for solutions to help you reach your financial goals.
Step # 3. Secure Maximum Value For Your Lease: Vertical Consultants will help you secure the best overall terms for the sale of your lease including, but not being limited to, the highest possible purchase price for the sale of your cell tower agreement.