Tower property encompasses a wide array of real estate that support wireless signal. As such, ever-increasing investor acceptance for this property type follows highly inelastic consumer demand for wireless signal and related products and services.
We have formed a Communication Tower / Broadcast Tower Valuation Practice to provide our clients with unparalleled expertise in the valuation of single towers and tower portfolios, alike. Our valuation model considers all germane value influences including tower and site characteristics, income stream characteristics, and multiplier analysis. We provide a national industry overview that identifies relevant trends in tower ownership / valuation during the past decade. In addition, we analyze national and local market influences, physical characteristics, lease-up potential (metro vs. highway vs. rural), zoning influences, lease and credit characteristics, and tower occupancy (broadband equivalency).
Our valuation practice also includes specialization in the valuation of tower-related ownership interests such as tower ground leases.