News & Publications
OLSS Represents Wireless Capital Partners in $500M Sale of Ground Lease-Related Assets to Crown Castle
March 2012
OLSS represented Wireless Capital Partners, LLC, a 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.