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Key Takeaways If you own land with a cell tower on it, you’re sitting on an asset most people underestimate. Wireless carriers and tower companies know exactly what your lease is worth — and they’re counting on the fact that you don’t. This guide breaks down everything a property owner

Most property owners don’t realize a cell tower lease renewal is one of the highest-stakes financial negotiations they’ll ever face — and most of them walk into it completely unprepared. The result? Thousands, sometimes tens of thousands of dollars left on the table, locked into contract terms that favor the

Cell tower leases can provide property owners with steady long-term income. However, these agreements often contain complex clauses that can significantly affect the value of the lease—especially if you ever plan to sell it. One of the most important clauses to understand is the Right of First Refusal (ROFR). Tower

Cell tower leases can be a valuable long-term income source for property owners. However, many landowners eventually receive a cell tower lease rent reduction letter from a tower company or wireless carrier requesting that they accept lower monthly payments. These requests are extremely common in the telecommunications industry. While they

Last Monday, Verizon and Vertical Bridge agreed to a $3.3 billion deal, granting VB exclusive rights to lease, operate, and manage 6,339 wireless towers across all 50 states. Surprisingly, VB outbid the three major tower companies, though the timing favored VB—I doubted they would win this portfolio if the deal

If you own a cell tower lease that could be worth $500,000+, would you sell it? Many property owners can reach this value if they apply the right strategy and patience. After holding onto a lease for 20+ years, letting go can be tough, but if your lease is nearing

From 2012-2015, major cell tower companies like American Tower and Crown Castle acquired carrier portfolios from T-Mobile, Verizon, and AT&T. These acquisitions established Crown Castle and American Tower as industry leaders, with SBA Communications trailing in third place in terms of tower count.  The last 18 months have been uneventful for cell

Mr. and Mrs. Smith were offered the opportunity to have a tower built on their unused land by a tower developer. Excited about the potential to generate income, they engaged with the developer and signed a contract without consulting industry experts or attorneys. This oversight led to critical provisions in

Negotiating a cell tower contract can be daunting, especially for those not familiar with the industry. There are numerous nuances and considerations that may go overlooked without industry knowledge. Despite this, some property owners attempt negotiations themselves, underestimating the complexities involved. However, rather than navigating legal documents and negotiations alone,

I always advise property owners against agreeing to a Right of First Refusal (ROFR) in their cell tower lease. However, if a renegotiation necessitates it due to a significant rent increase, consider factoring that into negotiations. Typically, owners who don’t plan on selling their ground lease opt for ROFRs, but