Orloff Lowenbach Stifelman & Siegel P.A.

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OLSS Represents Wireless Capital Partners in $500M Sale of Ground Lease-Related Assets to Crown Castle

March 2012

OLSS represented Wireless Capital Partners, LLCa national purchaser of cell tower leases, in the sale of a portfolio of ground lease-related assets to Crown Castle International Corp. for about $180 million in cash and the assumption of $320 million in debt.  The asset portfolio consisted of approximately 2,300 ground lease-related assets that generated annual cash flow of approximately $42 million.

The OLSS team included: Stanley Schwartz and Sanders M. Chattman.