APWireless Announces Its 5,000th Cell Site Lease Investment
SAN DIEGO, December 6, 2018 (Newswire.com) - APWireless, the leading global wireless telecommunications site lease investment firm, recently reached another milestone, having invested in its 5,000th cell site lease.
In 2010, APWireless began investing in cell site leases in the United States. Since then, the company has expanded into Canada, Mexico, South America, Europe, Asia, and Australia. To date, APWireless has deployed more than $600 million in its cell site lease investment business.
“2018 is our eighth successive year of growth, and we are looking forward to what lies ahead in 2019 and beyond,” said Eric Overman, chief executive officer of APWireless. “In 2018, we expanded into three new jurisdictions; Belgium, France, and Portugal, adding to our current multinational portfolio of 15 countries. Worldwide, APWireless continues to develop and invest in growing our partnerships and relationships with landlords, carriers and tower companies alike, solidifying ourselves as trusted allies to all parties.”
APWireless invests in the cash rents paid by tower companies and carriers to landlords. Landlords receive a large, up-front cash payout in return for an assignment of their site lease. In addition, APWireless offers tower companies and carriers financial and operational benefits.
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Headquartered in San Diego, APWireless is the first global cell site lease investment firm. In addition to investing in ground and rooftop cell site leases worldwide, APWireless provides a range of services to landlords, tower companies and wireless carriers.
For more information, visit www.apwip.com