[RPPTL LandTen] sale of revenue stream for cell tower lease

[Manuel Farach]

Lloyd and George,
They are very old but here are some documents. I’d love to hear a presentation on this issue by the two of you at the next LT meeting
Thanks
Manny


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Manuel Farach / Of Counsel - Board Certified in Real Estate Law and Business Litigation by The Florida Bar

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From: landten-bounces at lists.flabarrpptl.org [mailto:landten-bounces at lists.flabarrpptl.org] On Behalf Of George Pincus
Sent: Wednesday, December 11, 2013 11:49 AM
To: RPPTL Landlord Tenant Committee
Subject: Re: [RPPTL LandTen] sale of revenue stream for cell tower lease

Lloyd:

I am deep in the middle of that deal with Unison, who is one of the big players in that space.

While I do not have a document I can share with you, feel free to give me a call to discuss the issues that have come up in deal.

Thanks.

George A. Pincus, Esq.
Stearns Weaver Miller Weissler
  Alhadeff & Sitterson, P.A.
New River Center, Suite 2100
200 East Las Olas Boulevard
Ft. Lauderdale, FL 33301
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E-mail: gpincus at stearnsweaver.com<mailto:gpincus at swmwas.com>
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From: landten-bounces at lists.flabarrpptl.org<mailto:landten-bounces at lists.flabarrpptl.org> [mailto:landten-bounces at lists.flabarrpptl.org] On Behalf Of Lloyd Granet
Sent: Wednesday, December 11, 2013 11:40 AM
To: RPPTL Landlord Tenant Committee (landten at lists.flabarrpptl.org<mailto:landten at lists.flabarrpptl.org>)
Subject: [RPPTL LandTen] sale of revenue stream for cell tower lease

My client owns a property with a cell tower on it, they are entertaining a proposal to sell the income stream from the lease.

The proposed structure is the granting of an easement, with the property owner having a continuing obligation to perform the landlord’s property obligations and it will take a lot of work to make it acceptable.

I have a lot of flexibility in structure, does anyone have a negotiated version of a document where a property owner has “sold” the cash stream to a third party of a cell tower lease?


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