Over 5,000 landlords across the United States have converted their wireless telecommunications (“cell”) site leases into cash through a so-called “lease buyout” or “lease prepayment.” Why follow their lead? There are many reasons:

1. Eliminate the risk of lease termination. More than 90% of all U.S. site leases allow the wireless carrier or tower company to cancel with 30-90 days notice. While we have no reason to believe that your particular site is at risk, you can eliminate any risk which might exist through a lease prepayment with RFS.
2. Eliminate the risk of rent reductions. Wireless carriers and tower companies have a strong interest in controlling the growth of operating expenses. Site rent is one of the largest components of operating expense for these companies and it tends to increase over time due to the effect of site rent “escalators.” You may already be under pressure to reduce rent. Don't do it!  Collect a large, up-front lump sum instead while effectively transferring termination risk to RFS.
3. Pay down debt. You may or may not receive site rent next year. But there is no doubt that you will still have to pay your mortgage and credit cards. A lease prepayment executed by RFS allows you to accelerate and “lock-in” a portion of your future site rent.
4. Diversify your investments. A lease prepayment allows you to convert future site rent into potentially more attractive stock or real estate investments.
5. Continue to participate in future rent. Uniquely, the RFS approach to lease prepayments allows you to “cash-out” of your site lease while still retaining the ability to participate in future rental income.