Verizon Wireless cell tower

Though real estate has been negatively impacted by Covid-19, cell tower landlords have cause to rejoice. Other landlords suffer from rent non-payment and/or vacancies. Yet, the cell tower industry is booming at remarkable rates. In fact, cell tower REITs have increased by a whopping twenty percent! There’s another angle, as well. The Coronavirus pandemic created …

Before delving into the seven cell tower leasing risks landlords should know, let’s get into a bit of industry history. Telecommunications has not been around that long. It wasn’t until 1984, in fact, that cell phones were first introduced to consumers. Fast-forward the year 2000 when WIFI first became accessible to the public. Given its …