There are thousands of property owners of all different types that are not being paid correctly.
Nashville, Tennessee (PRWEB) February 28, 2012
Vertical Consultants in its continuing effort to provide counsel and representation for property owners across North America is proud to proclaim the recovery of unpaid rent due to Lat Purser & Associates, Inc., a North Carolina based real estate developer. The unpaid rent was due from one of the world largest cell tower developer/operator under an existing lease agreement for the occupancy and use of a shopping center site located in Charlotte, North Carolina.
Lat Purser & Associates Inc. acquired the services of Vertical Consultants to review and provide counsel regarding its current cell tower and roof-top leases associated with its properties. Upon review of Lat Purser’s existing telecom ground lease and its related use of the Charlotte, North Carolina shopping center site it was discovered that the tenant was currently not correctly paying scheduled rents due under the existing lease agreement as well as was responsible for underpayment dating back to 2004. Vertical Consultants reconciliation of this matter on behalf of its client resulted not only in an immediate recovery of past due amounts owed to Lat Purser but also a 24% immediate increase in revenue received under this agreement.
Hugh Odom, President of Vertical Consultants, stated, “There are thousands of property owners of all different types that have and currently are not being paid correctly. The dominant cause for this taking place is that property owners usually don’t have a mechanism in place to make sure they are being paid correctly under their lease due to the fact they are viewing these agreements from a real estate perspective and not what it is really is a telecom agreement”
Vertical Consultants has and continues to not only provide property owners of all types across the information they need to make the most advantageous decisions with regard to their current telecom lease as well as an advocate for these same property owners in their dealings with the largest telecom companies in the world.
Vertical Consultants was founded in 2010 by Hugh Odom and is comprised of a group of wireless industry veterans with more than forty (40) years 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 allowing it to bill itself as cell tower lease experts. Unlike others in their field, Vertical Consultants is able to handle every aspect of the issues surrounding a cell tower lease, rooftop lease 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.