We are essentially buying the rights to receive cell site tower or rooftop rent for a specific area over a specific period of time, along with certain limited rights to ensure our ability to collect the rent.

The amount of the lease buyout depends on the rent being received under the existing lease, the wireless carriers on your property, the terms of the lease, the cell tower or rooftop antenna location, the duration of the period for which APWireless has the right to collect cell tower rent on the property, and a number of other variables that make up our risk assessment.

This depends of course on how you choose to use or invest the money and whether your cell tower tenant would eventually seek a rent reduction or terminate its lease. Even if your cell tower rent continues unchanged, the cash flow associated with the lease will be distributed in small increments over a long period of time. In most cases, the comparison between receiving a lump sum amount today versus collecting smaller and uncertain incremental rent payments over a long-term period is the key decision point.

You will keep the full amount of the up-front lump sum, even if the tower company or wireless carrier terminates the lease at any time during the period for which APWireless has the right to collect cell tower rent on the property. In other words, your cell tower lease buyout unconditionally transfers the risk of termination to APWireless with no strings attached.

For most cell site landlords, receiving site rent is an all or nothing proposition: either they receive rent, or they don’t. On the other hand, APWireless is building a global portfolio of cell tower and rooftop leases in which a single lease termination is far less impactful. For this reason, APWireless is able to assume the risk of your cell tower lease being terminated and pay a large, up-front lump sum for any future rent associated with the cell tower on your property.

Although each lease is different, most cell tower leases permit the tower operator or wireless carrier tenant to terminate the lease for many reasons, typically with only 30-90 days’ notice. For this reason, it is generally difficult to borrow against a cell tower lease at your local bank, and also why APWireless spreads the risk of your cell tower lease being terminated across a large portfolio of sites.

The process is straightforward, but how long it takes is largely dependent on how quickly you are able to provide the required documentation. Once we agree to terms, the due diligence and closing process can be completed in as little as 30 days.

That is up to you. The buyout would apply to any lease or leases that are currently paying rent on your property and to which you determine to sell the rights to APWireless, regardless if it is one or multiple tenants. Assuming your cell tower or rooftop leases meet our criteria, APWireless will make you an offer that includes all or a portion of rents you currently receive.