P. R. Ceiling Products’ Post

Stadium update: Mayor Donna Deegan, lead negotiator Mike Weinstein, and Jacksonville Jaguars President Mark Lamping jointly presented a landmark stadium renovation agreement at the Jacksonville City Council meeting on Tuesday, May 14. All parties are pleased to have reached agreement on the framework of a deal that protects the taxpayers, benefits the entire community, and secures the Jaguars’ presence in Jacksonville for decades to come. Estimates suggest the economic impact of the renovated stadium to the Jacksonville community throughout the Jaguars’ 30-year lease will total $26 billion, with an estimated $2.4 billion in one-time economic impact during construction. This $1.4 billion deal compares favorably to other NFL markets. It is also the largest public infrastructure investment in Jacksonville history, and the largest private investment in the history of downtown Jacksonville. More details on the agreement and renderings can be found at https://lnkd.in/dfgY-x6V

Based on the article's findings, I agree with the jury's decision. Historically, tower companies prefer to avoid public conflicts. Crown’s attitude can seem petty to outsiders, and I don't see any advantage for Crown even if they had won. Dish has co-located on about 3,300 sites, planning to expand to 20,000, which is half of Crown's total towers. This represents a significant potential for new business, something Dish would want to avoid based on this lawsuit. Per the article, even American Tower wanted nothing to do with this dispute, understanding that no good would come from it. In the past, tower companies consistently increased rents through tenant amendments, ballooning rents everywhere including rural areas. Early MLAs were highly beneficial to tower companies, driving annual growth and site commitments. A comparison of historic stock prices between AT&T, Verizon, and tower companies over the last 15 years shows how much the tower companies were getting the better of the carriers. However, things slowly started to change as carrier tower portfolios were sold, securing low market rents with a 2% escalator. Developers like Tillman entered the market, seemingly to gain leverage for the carriers in MLA negotiations. They targeted high-rent rural sites for zoning ease. Carriers could finally start to control rents for seemingly forever at some of these sites that the tower developers built.  It also forced the tower companies to offer holistic MLAs which wouldn’t penalize the carrier if they were within their designated tower mount height on any additional equipment installed. It's rare for tower companies to announce major layoffs due to their historically profitable nature. There are many factors for the decline in tower company stocks but one can’t overlook the carrier’s slowdown in work.  Now that might have more to do with the economy but it’s another sign of how the carriers can look to control costs even if unintended. #celltowerleasing #telecomindustry #celltowerbusiness #wirelessinfrastructure

Our latest case study details big off-the-court wins for the Detroit Pistons. 🏀 They had a championship-worthy business team but faced hurdles in their contract management processes—manual approvals, missed renewals, and limited visibility slowed them down. With our help, contracts are now tracked in real time, audits are painless, and workflows run like clockwork. This isn’t just contract management—it’s a playbook for growth. Read the full story: https://buff.ly/4istNho #BusinessGrowth #CLM #MarshfieldConsulting

Check out the most recent episode of PEPTALK with the newly elected Board of Director for Denton CAD - Lisa McEntire

Yes. It was a bad decision on CCI's old executive team's behalf to litigate—perhaps just one more reason why CCI has new board members and a new CEO. The public tower companies stopped being carrier-friendly once they stopped chasing US build-to-suit opportunities and focused on trying to maximize the rent at every tower site. Those actions spawned Tristar Investors and Tillman Infrastructure. It started the build-to-relocate tower development business model in the US. Whether the decision to focus on driving higher rent on existing towers vs. building and operating more towers for the carrier was a good decision or not remains to be seen. But suing your tenants for ticky-tacky crap like this isn't a good part of any business model and will further drive carriers to pursue non-public tower company towers in the future.

In this week's ACMO Envelope: Register for our Educational Luncheon 'Ask The Experts: Your Burning Condo Questions Answered', Plus the latest CAT decisions and Condo Industry news! https://lnkd.in/g-JC_4hV #ACMO #CondoManagement #ContinuingEducation #RCM

Exciting news here at FP

The Q3 Williams Flyer has arrived! Are you prepared? Williams can help you get back to business quickly! Our flyer covers the key topics of having the right tools and support for shutdowns, turnarounds, and outages. Explore tools that keep you prepared for any situation and minimize downtime, ensuring you can get back to business quickly. Trusted. Strong. Valued. These are all reasons why industrial professionals turn to Williams. #Williams #Q3 #AreYouPrepared #MinimizeDowntime Explore Q3 Flyer- https://ow.ly/xN0L50SuB0S

DFMA words to live by -- DFMA doesn't eliminate jobs, it doubles floorspace productivity and increases profit per square foot.

Quick story time. This highlights the importance of your own inspections and due diligence. I'm frequently seeing people get GDV valuations very wrong. Not even slightly wrong. Deal sourcer claimed worse case scenario was 250k GDV. Unfortunately with ZERO reliable comparables. This deal would of been a huge gamble. #property #realestate #investorswanted