Even in the midst of a multi-year pandemic that’s inflicted great damage to businesses and industries across the country...

“Our activity throughout the year has raised our profile in the industry as a trusted operator, landlord and capital partner. And with that, we expect that more and more opportunities will come our way.” Todd Rowley, Strategic Wireless CEO

Nareit’s annual update of REIT property counts and estimated gross asset values by state and property sector is now available on the REITs...

Blackstone Infrastructure Partners Acquires Stake in Phoenix Tower International January 18, 2022 | Blackstone Blackstone (NYSE: BX) announced today that funds managed by Blackstone Infrastructure Partners (“Blackstone” or “the company”) have purchased a 35% stake in Phoenix Tower International (PTI), a leading private cell tower platform in the Americas and Europe, from Manulife Investment Management.…

A clear indicator of the public market’s optimism for commercial real estate valuations is the median 3.1% premium to consensus...

Management believes the continued acquisition of existing cell towers and easements in diverse locations, as well as its ability to create effective partnerships with credit-worthy tenants, has helped to create a robust portfolio of essential telecommunications assets.

Jay Frank, President of Cantor Fitzgerald Capital and COO of Cantor Fitzgerald Investment Management, stated, "...The need for investment in infrastructure in the U.S. and around the world is extraordinary and we believe our platform is well positioned to provide investors with the opportunity to invest in sustainable investment strategies."

The towers are less than five years old and are located along the newly constructed interstate I-69 that connects Indianapolis to Evansville.

The stock market is still bearish on companies that own large portfolios of office buildings, with investors concerned about...