Vertical Consultants Increases Washington D.C. Housing Corporation's Cell Tower Rent by 309%

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Vertical Consultants was able to garner a significant rent increase for an upscale high-rise condominium overlooking Washington, D.C.

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"We feel privileged to assist all types of property owners across the country with their cell tower lease needs and take pride in offering them beneficial information and results that will have positive, enduring impacts."

Vertical Consultants is proud to announce that the telecom consulting firm successfully negotiated a 309% cell tower rent increase for their client, River Place Housing Corporation. River Place Housing Corporation is an independent housing cooperative located in the Washington D.C. area that was recently approached by one of the largest telecom companies in the world to place equipment on their property. Upon review of that proposal and the associated long-term lease that went with it, they decided to seek expert consultation as it related not only to the true value of the use of their land, but also as a way to ensure that any agreement they entered into did not jeopardize the future use of their property.

Vertical Consultants was chosen to assist them in this pursuit. The result was not only a 309% increase in the proposed cell tower rent, but an overall long-term lease structure that minimizes possible negative impacts to the client’s property, while, at the same time, allowing River Place Housing Corporation to participate directly in any and all future upside value that the cell tower site derives for the telecom giant.

Hugh Odom, President and Founder of Vertical Consultants states, “We are very pleased with the outcome of these recent negotiations involving River Place Housing Corporation's cell tower lease. We feel privileged to assist all types of property owners across the country with their cell tower lease needs and take pride in offering them beneficial information and results that will have positive, enduring impacts.”

On average, Vertical Consultants increases property owners’ cell tower rent by 142 percent. In addition to increasing rents, the telecom consulting firm recovers unpaid cell tower rent and expenses for property owners. Since inception, Vertical Consultants has recovered over 200 years’ worth of cell tower rent and expenses, collectively, for their clients.

Vertical Consultants, founded in 2010 by Hugh Odom, is comprised of a group of wireless industry veterans with decades of combined experience. Vertical Consultants specializes in issues surrounding the wireless telecom industry and prides itself as a source of information for property owners. Vertical Consultants experience in the industry allows it to offer its clients unmatched expertise, services and results. Unlike others in their field, Vertical Consultants is able to handle every aspect of the issues surrounding a cell tower, rooftop or any other type of telecom lease, from start to finish. To learn more visit http://www.vertical-consultants.com or contact Vertical Consultants at info(at)vertical-consultants(dot)com or 877.456.7552.

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Jaime Spies

Hugh Odom
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