Tower Title, LLC, the largest title provider in the national cell tower and data center sectors, announced today its crucial role in supporting one of its national telecom infrastructure partners in obtaining $1.9B through the successful securitization of 5,500 tower sites. This securitization expands on a multi-year existing partnership between the organizations and is among the largest in the industry to-date.
“We pride ourselves on executing diligent work to support all of our customers in safeguarding and expanding their assets,” said Kevin Bradley, CEO and co-founder, Tower Title. “Our niche expertise and robust data put us well ahead of the curve in large-scale securitizations. Our team has served the telecom industry for decades, bringing a unique understanding of the sector’s nuances and challenges, as well as streamlined solutions.”
Working with nine of the top 10 telecom companies in the U.S., Tower Title has built the largest title database of cell tower sites in the country and operates with a complete customer retention rate. Supported by a team of experts leveraging the company’s proprietary technology and data, Tower Title completed title on all of the necessary sites within a three-month period, exceeding typical industry benchmarks of six- to 12-months for securitizations of this scale.
“Title policies are a major component of the commercial lending process when real estate collateral is involved – without the proper title requirements, critical deals can be delayed, hindering business growth,” said Bradley. “Tower Title teams, backed by years of specialized experience, complete title transactions efficiently and accurately, so loans can proceed as planned.”
Tower Title partners with customers across the energy, utilities, and telecom sectors to provide the solutions necessary to expand with confidence and secure valuable assets. Through its trusted title, closing, and settlement services, the company safeguards EV stations, billboards, cellphone towers, data centers, solar sites, and more elements of its clients’ critical infrastructure.
For more information on the services Tower Title provides to help customers secure critical assets, visit: https://towertitle.com/
