Steel in the Air provides expert services related to cellular lease negotiations, valuation and brokerage. The principals of Steel in the Air have developed, procured, owned, and operated broadcast and cellular towers for the last 15 years. Steel in the Air has been retained over 3,000 times by landowners and tower owners throughout all 50 states, Canada, and the Caribbean to provide valuation assistance. President of Steel in the Air, Ken Schmidt, has been recognized as an expert by our peers and has spoken at numerous conferences, including the CTIA annual Tower and Small Cell Summit on two occasions. He has also been quoted in newspapers and magazines including the New York Times and Wall Street Journal. If you are a reporter and are looking for an expert source for a story on towers or the cellular industry, please don’t hesitate to contact us. We are regularly retained by stock market analysts and large investment groups seeking to learn more about the industry in general or about specific transactions.
As a partner at SteelTree Partners, a cell tower brokerage and advisory firm, we have assisted in the sale of over $800,000,000 worth of towers over the last 7 years. We are well versed in tower and portfolio valuation and have access to proprietary comparable data from previous tower portfolio sales. We are experts in tower valuation and lease valuation and have been retained to act as expert witnesses or consultants on seven separate lawsuits or potential lawsuits. Both individual landowners and “mom and pop” tower owners have retained us for our valuation opinions.
Steel in the Air maintains one of the most comprehensive tower location databases in the entire country that is privately available. We also maintain a database of cell tower lease rates for ground leases, collocation leases, and tenant improvement (rooftop) leases across the country.
Our clients include major airports, convention centers, universities, corporations, individual landowners, tower companies, and governmental entities. We have been retained to provide letters of opinion for valuation purposes on towers and leases for estate purposes.