Press

Atlanta, GA, March 7, 2023: Press Release – Tower Capital Advisors Completes Sale of 8 Towers for AT&T. Read the full release here: TCA Press Release – March 7, 2023

Atlanta, GA, June 19, 2022: Inside Towers – Interview with Michael DeMita – CEO of Tower Capital Advisors: “How Is the Current Economy Impacting the Tower Business?” Mr. DeMita comments on the possible effects of inflation and rising interest rates on prices for wireless easements and towers. Read the full interview here: Inside Towers – Interview with Michael DeMita – How Is the Current Economy Impacting the Tower Business

Atlanta, GA, September 23, 2021: Intelligence by Inside Towers – Article by Michael DeMita – CEO of Tower Capital Advisors: “It’s a Seller’s Market for Wireless Infrastructure” Mr. DeMita comments on the dramatic increase over the last two years in prices for wireless easements and towers in light of current financial markets. Read the full article here: Intelligence by Inside Towers – M&A Advisory – Tower Capital Advisors article

Atlanta, GA, August 5, 2021: Tower Capital Advisors Releases 2021 YTD Statistics on Wireless Lease and
Cell Tower Cap Rates and Prices. Statistics include cap rates and acquisition multiples for rooftop leases, cell tower ground leases and cell towers. Quoting management: “…it is a good time to be a wireless landlord.” See the full release here: TCA August, 2021 Press Release

Atlanta, GA, January 8, 2021: Tower Capital Advisors Releases Comprehensive Market Statistics on Wireless Lease and Cell Tower Prices for 2020. Tower Capital Advisors today has published full year 2020 statistics on the prices paid for cell towers and wireless ground and rooftop lease monetizations. Also provided their forecast for the near and long-term effects the COVID-19 pandemic has and will have on prices and activity in the space.

Las Vegas, NV, December 24, 2019: Tower Capital Advisors Completes Divestiture of multiple tower structure and lease assets for Century Communities (NYSE – CCS) – Rhodes Ranch Golf GC.
Tower Capital Advisors, LLC (TCA) today announced the completion of a sell-side engagement for the sale of Century Communities wireless assets located on their Rhodes Ranch Golf Club community in Las Vegas. TCA’s RFP services combined with our relationships with more than a dozen competing buyers allowed Century to achieve one of the highest prices ever paid for cellular leases and a tower structure.

Atlanta, GA, April 17, 2017: Tower Capital Advisors Announces AT&T Engagement.
Tower Capital Advisors, LLC (TCA) today announced their engagement with AT&T to provide analytical services for both the carrier and their landlords who are seeking to monetize their leases. AT&T is proactively seeking to accommodate their landlords by offering to purchase back their own leases for substantial sums and TCA will be the pricing and tracking vendor for this initiative.

Atlanta, GA, July 7, 2016: Tower Capital Advisors Completes Divestiture of multiple tower ground leases for Vermont Academy.
Tower Capital Advisors, LLC (TCA) is pleased to have been the sell-side advisor to Vermont Academy on the sale of multiple tower ground leases in New Hampshire. Vermont Academy is an independent, coeducational, college preparatory school in Saxtons River, Vermont, in the United States serving students from 9th to 12th grade and postgraduates. Founded in 1876, Vermont Academy’s student body consists of boarding and day students from 30 states and 15 countries. The campus is 515 acres overlooking the village of Saxtons River.

Atlanta, GA, March 11, 2016: Tower Capital Advisors Completes Acquisition of Wireless Infrastructure Assets from ValStone Partners
Tower Capital Advisors, LLC (TCA) is pleased to have advised and closed on the sale of multiple wireless lease easement purchases in Pennsylvania and Florida with ValStone Partners, LLC. ValStone Partners, a registered investment advisor with the SEC, is a private equity investment firm with offices in Birmingham, Michigan and Baltimore, Maryland. ValStone Partners coordinates the investment and management activities of a series of private equity funds with more than $474 million of assets currently under management.

Atlanta, GA, September 17, 2014: Tower Capital Advisors Announces Funding Facility for Wireless Lease Purchases
Tower Capital Advisors (TCA) announced that it has closed on a funding facility for the aggregation of wireless leases. According to Michael DeMita, TCA’s CEO, the facility is priced more competitively than any other he has seen in the space and will allow TCA to pay higher prices to property owners with cell tower or rooftop leases from the major carriers on their property than most, if not all, other firms that buy these assets. Originators should note that commissions are available from TCA that are 2 to 3 times that paid by the other aggregation firms to their paid marketing staffs. Contact TCA at info@towercapadvisors.com for more information.

Atlanta, GA, September 09, 2013: Tower Capital Advisors Directly Connects Sellers and Institutional Buyers of Cellular Site Leases
Tower Capital Advisors (TCA) announced the launch of an online auction system to directly connect the sellers and buyers of cellular site leases. The auction system is a first of its kind in the cell tower lease buyout industry and eliminates the traditional model of broker or middleman based lease aggregation.

Read the full press release at PRWeb.
Our Recent Transactions

" Although I have been in the real estate business for over 40 years, we quickly learned that cell tower deals are a creature unto themselves. ... Thanks is not enough!"

07/02/2021

Tom Hamilton, Athens, TN

" Although I have been in the real estate business for over 40 years, we quickly learned that cell tower deals are a creature unto themselves. ... Thanks is not enough!"

07/02/2021

Tom Hamilton, Athens, TN

"I honestly can't thank you enough for all of this information. This is a huge help and is so much more than what I thought I was looking for. "

10/08/2020

Erin R. - CIV US ARMY CEMVN (USA)

"In an industry that is populated with a large percentage of less than ethical individuals, Mr. DeMita is truly an upstanding outlier. The world would be a far better place to live if everyone had the moral compass that he has."

10/16/2019

Mike Martuch, Kissimmee, Florida

"Thank you very much for your assistance with my tower lease questions. Your prompt assistance and depth of knowledge really helped clarify some difficult questions."

03/08/2019

Steven Selvaggio, Facility Manager - Whitestone Power & Communications

"I wanted to thank you for your advice on the tower buyout deal. ... I am getting roughly 17 years worth of payments up front [and] by this time next year my family will be completely debt free."

04/19/2019

Anthony J.

"After interviewing a handful of cell tower industry consultants around the country...your genuine offer to help our group understand the nuances of negotiating our transaction was well received [and] your candor allowed me to feel comfortable sharing my confidential goals..."

01/25/2019

Shannon V. - Land of Sky Regional Center

"TCA was the most helpful, up-front and honest of all the buyers we spoke to. We were comfortable in our decision to sell our lease to them and now have the terms and cash needed to help our company grow."

Nava Christian - Northern Star Enterprises, Inc.

"As a naïve cell tower lease holder considering selling my lease, TCA's website provided me with the information I needed to get a transaction done right. Mr. DeMita continued to support and educate me through closing and I was able to increase my offer by $95,000!"

Bob from Illinois

"Your expertise of analyzing our position, offering options, and then executing on the best option certainly created a lot of value for Vermont Academy."

Stanley Colla - Interim Head of School

"TCA offered us great advice in negotiating our lease agreements and were both responsive and competitive in their acquisition process. I would advise anyone who is not an expert in the tower business to consult with Tower Capital Advisors. "

Hank Yunes, Licensed Real Estate Broker - AV Homes - Boca Raton, Florida

"TCA helped my 80 year old mother renew our lease, was there for us every step of the way, and genuinely cared that we got a fair shake when there was nothing in it for them. Rare in today's 'what's in it for me' world!"

Karen Daykin - Independence, Iowa

"I wish I had known TCA a few years ago when I was dealing with our tower company tenant. Thanks again for all you do."

Gary Zipperian - Clancy, Montana

"Trying to understand contracts and lease agreements can be daunting. With TCA's help, I feel more secure in knowing what our options are."

Bill Mangham - Supervisor, Whitefish Township, Michigan

"We especially appreciate your consultative approach. TCA's price was significantly higher than the two other bids we solicited."

Matthew J. Robertson - General Manager - Lake County Fair Association

"We would whole-heartedly recommend TCA to anyone considering selling their lease. ... the closing process was smooth, [and] event free."

Stephen R. Reller - Executive Director, BC Baseball League

"TCA purchased my tower lease. They were courteous and professional, with a personal touch, and they went the extra mile to make the closing and paperwork simple and stress free."

John Shick

"TCA provided us with a thorough analysis of our offers and purchase documents. I would highly recommend them to other property owners looking to sell their tower or rooftop lease."

Sung B. Kim

"Honest, free and knowledgeable advice on valuing our cell tower lease. Many thanks!"

Denise Hammond

"When another sale proved difficult to close due to cumbersome documents, TCA offered to directly purchase our lease themselves for a much higher price. I would very much recommend TCA to anyone looking to sell their wireless lease."

John Kowkabany - Nooram of Jax, Inc.

"TCA helped us get 30% more than our original offer for our site and provided very useful assistance on our offers and the process all along the way."

Dr. David Stark

"TCA has a good handle on the marketplace and provided us with free and very helpful guidance during our sale."

Dan Strother, Lovers Lane UMC

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