Your tower assets are worth between 10X and 18X the Annual Net Cashflow. Annual Net Cash Flow being defined as Gross Income minus Expenses. Expenses typically include Insurance, Maintenance, Real Estate Taxes, Land Lease and Utilities.

The multiple paid for the towers depends upon the following factors:
1. Zoning - Is the tower in a protective zoning environment or one that prohibits additional towers from being built?
2. Capacity- Is the tower structurally capable of supporting numberous tenants and is the ground space area sufficient for multiple users?
3. Competitive Structures- Are there other structures (towers/buildings) of sufficient height nearby that a potential tenant could use?
4. Current Tenant Base- Which tenants are currently using the tower and are they credit worthy?
5. Urban/Suburban/Rural - Are the towers located in high growth areas?

If you would like to get a complimentary valuation of your tower assets, please contact us.

Typically SteelTree will compile a descriptive Confidential Offering Memorandum which is distributed to all known buyers. Buyers are instructed as to how to submit bids. Once offers are received and qualified you can choose whether or not a sale is beneficial.

We bring over 25 years of real estate expertise to bear on every potential transaction. We have worked on the buy side as well as the sell side and therefore have a unique understanding and perspective on how a transaction gets completed. We will protect your interests throughout the process and get you the value and terms you deserve. We want what is best for you.

The ever growing pool of real estate buyers are enjoying the lowest cost of capital in decades and are therefore able to pay premiums for quality assets. Now is a optimum time to sell and an excellent time to develop new assets. Many of our clients have made the choice to sell existing assets and go on to recreate an entirely new portfolio of growth assets. In many cases the buyer and client will form a mutually beneficial partnership arrangement going forward which satisfied capital requirements.

No. There are dramatic differences among buyers. Their personalities, tactics and changing motivations must be considered when choosing which offer to proceed with. We will be a useful ally when choosing the buyer that is best for you.

There is presently a very hot market for recently developed growth assets. Depending on, among other things, location, projected lease-up and pending business, buyers will got to great lengths to acquire this type of asset including purchase price adjustments as tenants are added post closing. It is important to understand that if valuations resulting from an auction process do not meet your expectations you may decide to hold and revisit selling later when the assets have matured.

In the event you desire to explore equity/debt financing as opposed to selling or a combination thereof, we recommend you hire a qualified banker to help you through the fundraising process. As with buyers, banks, lending institutions and equity sponsors look to do what is best for them. You will be well served by an expert to protect your interests and get you the best terms available. SteelTree will recommend trusted experts in the banking field to work on your behalf to ensure that you are treated fairly.

Generally our fees account for a small very portion of the overall value of the transaction and are always negotiable. In the event that a transaction is not completed you owe us nothing.