Landmark Dividend Provides Strategic Capital and Leasing Expertise for Outdoor Advertising Industry
EL SEGUNDO, Calif., Jan. 28, 2015 /PRNewswire/ -- Landmark Dividend LLC, one of the nation's leading ground lease acquisition companies, is expanding its presence in the billboard industry by providing strategic capital to outdoor advertising companies and helping them extend the longevity of ground leases while reducing costs.
"We have capital available for companies that are converting existing billboards to digital billboards, developing new locations or acquiring other companies," said Graeme Kavanagh, Executive Vice President of Business Development at Landmark Dividend. "With our sale lease-back program, we pay billboard operators for the right to place an easement on their site, and then lease the site back to them. The transaction generates significant upfront capital to the operator without having to take on additional debt."
Landmark Dividend structures a long-term lease at closing that is tailored to the needs of the operator. "This provides our partner with capital and the peace of mind of having a long-term and predictable ground lease with Landmark," Mr. Kavanagh said.
Landmark Dividend also finances billboard development for private property owners who have the land and permits needed to install a new billboard, whether a single site or multiple locations.
"While buying billboard ground leases from private individuals, government entities, municipalities, faith-based organizations and businesses is our core focus, we realized that our funding ability, site development & leasing expertise and landlord partnerships provide significant value to outdoor advertising companies in multiple ways," said Mr. Kavanagh. "Our first few transactions have gone very well and created value for our clients and for us. That has encouraged us to expand our B2B partnerships in the outdoor advertising industry."
Formed in El Segundo, CA in 2010, Landmark Dividend acquires ground leases on cellular towers, billboards and alternative energy infrastructures, such as wind turbines and solar farm tracks. It has offices throughout the United States, and also operates in Canada, Australia and Puerto Rico.
Landmark Dividend LLC is one of the nation's leading ground lease acquisition companies, providing value, capital and liquidity to qualified property owners of ground leases for cellular towers, billboards and alternative energy infrastructure. Our mission is to improve the financial position of our clients with strategic capital and outstanding service centered on knowledge, integrity and timely fulfillment. We offer a wide variety of products and services to our clients, from site marketing to lease acquisition. For more information on Landmark Dividend and to assess the value of your ground lease, go to www.LandmarkDividend.com.
Find us on:
Facebook: https://www.facebook.com/landmarkdividend
Twitter: https://twitter.com/landmarkdiv
Linkedin: https://www.linkedin.com/company/landmark-dividend
Contact: Graeme Kavanagh (646) 964-6710
Photo - http://photos.prnewswire.com/prnh/20150127/171724
SOURCE Landmark Dividend LLC
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