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Testimonials

LANDLORD TESTIMONIALS SHOWCASE THE VARIETY OF LEASE PREPAYMENT

Every cell site lease financed by Md7 brings a story of how the cash payment improves the lives of leaseholders, whether individual or institutional. Here are a few of their stories:

22 total results: Showing results 1-10 on page 1 of 3

Lease Prepayment Is a Blessing for Local Church A South Carolina Baptist church was interested in alternative financing solutions to help relieve its debt. Md7 helped educate them about the value locked up in their cell site lease. Through a lease prepayment, the church quickly received a lump sum of $80,000 that was immediately used to ease its financial burden. Church leaders praised Md7’s lease consultant for his assistance in walking them through the transaction process as well as his professional and courteous manner.
Md7 Helps Lift the Spirit of Church Leaders with Rent Guarantee The Catholic Diocese of a city in Alabama recently worked with Md7 to obtain a rent guarantee for a local parish cell site. Church leaders did not want the state of the economy to compromise their outreach efforts, so it was a valuable benefit to guarantee their cell site income for 10 years. As they were inexperienced in handling the details of this kind of transactions, the Diocese sung Md7’s praises when our lease consultant epitomized patience and a positive spirit as he courteously and confidently led them through a smooth transaction.
Cell Phone Tower Helps Fund New Supermarket A small Texas town was in need of a market as the closest was 20 minutes away. Thanks to a carrier’s $157,000 lease prepayment for a water tower cell site that Md7 negotiated with the city, there’s now a new grocery store in town. The city used the upfront cash to retrofit an abandoned store, which attracted a quality grocery chain to take up residence. The prepayment was an opportunity to give the city a downtown facelift and provide residents with a much-needed service without spending taxpayer dollars.
Realizing the Value of a Guarantee from a National Credit Tenant One Del Rio, Texas tower landlord was happy to receive a ten-year rent guarantee on both of his cellular towers. Even though the towers were built in 2004 and are the only towers in the area, he saw the benefit of receiving a guaranteed commitment from a national credit tenant. The landlord was appreciative of Md7’s efforts to negotiate this guarantee.
Mietgarantie rettet Lehrerstellen Wie viele andere Schulen in den USA, musste eine Schule in Chicago eine finanzielle Krise meistern. Der Schuldirektor machte sich große Sorgen über die bevorstehende Entlassung von Lehrkräften. Md7 konnte der Schule jedoch unter die Arme greifen. In Kooperation mit dem Netzwerkbetreiber hat Md7 eine Mietgarantie abgegeben, die die Schule mit den erforderlichen Mitteln zur Finanzierung der Lehrergehälter für die nächsten zehn Jahre ausstattete.
Antenna on Fire Station Roof Converted to Fire Truck in the Station A one-fire truck town in Iowa needed to add a second vehicle at a cost of $250,000. The plan was to put a sales tax increase on the ballot. If it passed, tax proceeds plus the income from the cell tower on the station roof would be used to fund the new fire truck. City officials were concerned about the risk associated with financing a vehicle with a cell tower site lease that could be cancelled by the carrier, and the tax increase was not a popular option. Md7 was able to provide $125,000 cash up-front, funding the new fire truck without raising taxes or taking a financial risk. There are now two fire trucks in the town.
YMCA Funds Scholarships with Cash from Md7 An inner city YMCA in Texas did not want to risk the loss of its wireless tower lease; the money was too important to this charitable organization. By executing a cell tower lease assignment with Md7, the YMCA received over $40,000 in cash, which it used to establish needed scholarship and outreach programs for underprivileged children in its area.
Church Mission Trip Funded with Md7 Cash Payment A non-denominational church in Lewisville, Texas was committed to a new major undertaking - sending a team of members on a year-long international mission. Md7 was asked to provide a cash prepayment. The church netted $100,800 in cash, which funded the entire mission project.
Rent Guarantee Saves Teachers’ Job Like many other schools in the United States, a school in Chicago, IL was facing a budget crisis. The principal was worried they were going to have to lay off teachers. However, Md7 was able to help the school. Working with the wireless operator, Md7 put together a rent guarantee that provided the school with the funds necessary to budget for the teachers' salaries for the next ten years.
Real Estate Investor Uses Cash from Cell Tower Lease to Buy More Property Real estate fortunes are often made by leveraging current investments to purchase additional properties. One independent real estate investor received monthly income from a cell tower on a three-story office building just outside of Dallas. He found a great opportunity in an apartment building that was for sale in Salt Lake City. However, the investor's bank wouldn't provide a loan on the wireless tower lease because of the early termination clause in the contract. Md7 provided the prepayment cash of $125,000 for a down payment on the new property, allowing the investor to close the deal and expand his real estate holdings.