We averaged a 306% immediate increase in rents in 2019.
The Lyle Company was founded during the infancy of the wireless industry in the late 1980’s. Lyle focused it efforts on lease optimization in the early 2000’s to resolve aging lease portfolios and evolving industry needs.
Lyle Company has become more prevalent in working for cell tower companies like Crown Castle and American Tower, with certain negotiations related to their cell tower assets across the United States. These negotiations include cell tower lease extensions and lease buyout offers.
Lyle Company is contacting property owners regarding the following:
Lease Buyout Requests: Lyle works on behalf of tower companies to purchase existing leases in an effort to secure these companies’ cell tower sites, due to the fact that the vast majority of their revenues are directly tied in to keeping these towers up and running, without interruption or costly relocation. Lyle Company will present a proposal that will structure a lease buyout as a simple, lump sum payment for both assigning a property owner’s remaining rights under their cell tower lease and also exchanging the current lease to a long-term tower easement.
Cell Tower Lease Extensions: Lyle Company will contact a property owner on behalf of American Tower or Crown Castle to seek long-term lease extensions to these company’s present cell tower site leases. Lyle Company will often request that a landowner extend their land lease, sometimes upwards of 30 or more years. Lyle Company usually only offers a small signing bonus and/or a small increase in cell tower rent.
Be cautious when contacted by Lyle Company, as they are only looking out for their client and not you. Lyle Company has a distinct advantage, as they have been provided information from their client that you do not have on your side.
Lyle Company understands the value of the cell tower to, as applicable, American Tower or Crown Castle and what options these companies really have available to them. They know how much the tower is worth to Crown Castle and American Tower.
If you have been contacted by Lyle Company, we caution you before agreeing to anything being presented.
Vertical Consultants can assist you in leveling the playing field by assisting you with optimizing your lease extension or lease buyout you have been presented.
Vertical Consultants is always open to providing you with not only references from clients we have assisted, but we will let you speak to them directly.
Results Matter: In 2019, Vertical Consultants averaged a 306% 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 legal 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”