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Rooftop Lease – Homeowner/Condo Associations

We averaged a 302% immediate increase in rents in 2022

Homeowner and condo associations are constantly being contacted by wireless carriers, asking them to consider either a new rooftop or structure lease or to modify existing ones. Vertical Consultants assists condo and homeowner associations with the evaluation of these matters.

We can assist a homeowner or condo association with not only understanding the true value of their proposed or existing rooftop cell site agreements, but also to determine if this agreement will have a negative impact on not only the building or property that the telecom equipment is going to be located, but to the residents occupying such area.

Vertical Consultants can provide the following services:

Review the Rooftop Lease–We will evaluate the terms and the structure of a proposed rooftop lease that has been presented to you to determine not only what options you have, but what issues need to be addressed. We will also explain how the rooftop antenna lease can affect your association and your building/property not only today, but into the future as well.

Evaluate the Proposed Site
–We will review the proposed rooftop installation and determine what the value of the rooftop antenna site is not to you, but to the wireless carrier looking to lease it. We will evaluate what “true” options the wireless has in your immediate area and determine why they have chosen your site. We analyze the current telecom industry and how it affects the company who has approached you, to provide you with the insight you need to make the best decisions.

Construct a Strategy
–Based on our analysis of the features of your homeowner or condo association property, we will recommend a strategy of how you should proceed and how we can best position you in negotiations with the wireless carrier looking to lease your rooftop. We will clarify the pros and cons of leasing your building/property and determine how to structure the lease as it relates to rent rates not only now, but throughout the lease term, while, at the same time, making sure you protect your association and your building/property.

Negotiate a Smart Cell Tower Lease–We work, on our clients’ behalf, to get them a “Smart Cell Tower Lease”. What does this exactly mean? We work as an advocate for our clients to get them a lease that looks beyond the immediate future and allows for a structure that will maximize the value of their property, not only on day one, but throughout the term of the lease, while, at the same time, minimizing the negative impact the agreement can have on the future development, disposition or even financing of their property. We have negotiated leases with all of the major tower companies and our results are unmatched. In 2023, we immediately increased rents for our clients by an average of 303%. It’s simple, we do more than give advice, we get results!!!

Vertical Consultants will provide our expertise to assist your organization to make decisions that will benefit you not only today, but for decades into the future. We will review your proposed or existing cell tower lease to make sure you are getting rents that are commensurate with the value the wireless carriers are deriving from the use of a homeowners or condo association’s property.

We assess your property based upon its individual characteristics because, unlike other consulting firms, we understand that your property has a unique value to the wireless carrier looking to occupy and use your building. If you rely upon the deals that others have agreed to in the past, you may make the same mistakes they have.

If your building is favored, we can make sure you get the best overall terms, so as to not only maximize the value of the lease, but to make sure that your association does not sign an agreement that will limit its future development of the property. If your property has similar value to others in the area, then we can make sure you understand that and act accordingly when negotiating terms.

Vertical Consultants understands that a homeowner or condo association has numerous people/residents who need answers to their questions, and we can make sure that those questions are answered and answered correctly.

Please contact us today to discuss your proposed or existing lease and receive a free estimate of our cost and services.

Vertical Consultants can also provide references from other condo and homeowners’ associations that we have and continue to assist.

Results Matter: In 2023, Vertical Consultants averaged a 303% immediate increase in rents being received by our clients. We get results by being the only full-service telecom consulting firm that can handle your telecom, real estate and negotiation questions all under one roof. No other consulting firm can say that, nor can they match our results. “Advice is Nice but Results are Better”