Approached by Crown Castle for Lease Buyout
by Sean
(Chicago)
Hi, my father-in-law received an unsolicited offer from Crown Castle to purchase his lease with T-Mobile (who has a tower on the building rooftop), in exchange for a perpetual easement.
The offer seems decent in light of the rent he'd otherwise receive from T-Mobile, but I suspect we are missing some part of the analysis, or maybe there is a hidden risk / profits that we'd be foregoing. Any guidance would be greatly appreciated.
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