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Should I sell my cell tower lease to unison

by Walt
(USA)

I'm contemplating selling my Verizon Wireless cell tower lease to a company called Unison. There are a couple things in their offer that scare me a little and I really don't know much about how to go about getting a 2nd opinion. The buyout offer does seem very tempting and they are quite tenacious in their follow up which also makes me believe they really want to buy this out from under me, however and I want to make sure we are getting the best price.

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Should I sell my cell tower lease to unison

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Mar 26, 2012
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Buyouts
by: Anonymous

We have a tier 1 tower we are shopping it out. I think it is a joke that some of the offers we recieved were for $30,000. It would be considered predatory lending.... if only it was regulated. There are a lot of unscupulous firms out there trying to take advantage of people who dont take the time to investigate the towers worth. Carriers pay 15,000-25,000 a year to be on the tower. Make sure you hire an attorney, and in the "new" contract have the tower people reimburse you their expense if you go with them. I have a lot more to say, but it would get moderated out...

Moderator's Comment:
Dear Anonymous... Why would you think you'd get moderated out? We don't bite. I'm just curious, who offered you $30,000 and how much rent are you specifically getting every month? I do think that one of the biggest mistakes people make is believing that attorney's know a lot about cell towers and their values. True, there are times when you need an attorney. this probably isn't one of those times.
Please call us to discuss.

Airwave (the moderator)
888-313-9750

Nov 24, 2010
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Shop it!!
by: Jeremy

I have been in the industry for many years. I processed these exact transactions with multiple companies out there, and still have a relationship with all of them. I can tell you the pros/cons verse each of their transactions since they are all just a little bit different.

I would be happy to discuss with NO charge and NO strings attached. Feel free to contact me at:

Jeremy
314/814-XXXX

Editor's Note:
Seriously Jeremy, get your own blog. Phone number moderated for obvious reasons.

Nov 04, 2010
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Cell Tower Lease Forum Guidelines !
by: Airwave Management

EDITOR'S NOTE

Dear Forum Readers / Bloggers:

Airwave moderates this forum / blog for content; Please refrain from self-promoting one company while cutting the legs out from another company. That's not the reason we have this forum. If you want to trash one company or another, go start your own blog.

I am sure that folks from Unison, Landmark Dividend, Tri Star, Advance Wireless Capital, AP Wireless Infrastructure Partners (APWIP), Communications Capital Group (CCG), Barkley, Telecom Lease Advisors (TLadv) and Lord knows who else read this forum from time to time. So, let's play nice in the sandbox, especially if you don't leave a name or we have to ban your I.P. address.

* * * * * *
Airwave is an independent consulting firm established to assist wireless landlords. There are many companies that purchase cell tower leases. We know that not all of them are the same. We don't promote any here. Instead we encourage any landlord or property owner who has been approached to sell their cellular lease to contact us if they need assistance understanding the offer, terms, language in the contracts or are trying to cut through all of the smoke and mirrors and find out if they are getting a fair deal.

Thanks!
Steve Kazella
Airwave Management

Nov 03, 2010
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Its a joke
by: Anonymous

I would never sell a lease to Unison, their sales people promise the moon to get more tenants and it will never happen. Its a sales gimmick. If I were to sell my lease, I would sell to Landmark Dividend. I spoke with a gentleman there that explained everything in detail with me and was honest about adding tenants. The tower company will do that if there is a need in the area. No company like Unison will do that for you. They promise you this by taking more land then the original lease to land-lock you if a tenant does come. Don't sell to Unison.....run! Check out www.landmarkdividend.com

Oct 17, 2010
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Unison claims they can get you additional tenants
by: Cynthia

The Unison sales representative that has been calling my husband claims that they will "market my cell tower" and just about guaranteed that we would get an additional carrier to rent space at the tower and split the new rent with us 50/50.

So after the 10th phone call or so my husband asked him one day, "what about the tower 1/2 miles up to road from here with 4 sets of antennas on it? Explain to me how you going to make them come here?" The guy was like a deer in the headlights and had no response. Our tower was built by the cellphone company because the other tower was full. There is no way the sales guy from Unison Sites could bring a new tenant here, so it was clearly a sales gimmick.

Sep 10, 2010
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Unison buyout offer
by: Airwave

Walt, it's possible that the lease buyout offer from Unison is a strong one -- depends on what you're looking to get out of the deal. Don't share details of their proposal here because we need specifics to determine if we can help you maximize the cell tower lease buyout their are offering or look at other options. Please call at 1-888-313-9750, or send a fax at the same number, or fill out a contact form on our website.

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Should I sell my cell tower lease to unison

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Should I sell my cell tower lease to unison