Sunday, November 24, 2024
Authors Posts by Liam Stewart

GTP is the largest privately-owned tower operator in the U.S. and the fourth largest independent operator in the U.S.

GTP owns, manages or master leases more than 13,000 wireless sites, including 4,300 towers throughout the U.S.

GTP leases space on towers and rooftops to telecommunications carriers and other users of wireless technology.

Contact:

Phone: 561.995.0320

Global Tower Partners Closes New Financing

BOCA RATON, FL - July 22, 2011 - (RealEstateRama) -- Global Tower Partners (“GTP”) announced today that it closed its $645,000,000 Secured Tower Revenue Notes Global Tower Series 2011-2 on July 7, 2011. The Company issued $490,000,000 Series C Notes (rated A2(sf)/A(sf) by Moody’s and Fitch respectively) and $155,000,000 Series F notes (rated Ba3(sf)/BB-(sf) by Moody’s and Fitch respectively). The notes have a blended coupon of 5.135 percent with a 30-year legal maturity.

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

HUD - U.S. Department of Housing and Urban Development

HUD Awards $73 Million to Support Grantees with Vital Technical Assistance

Funding will provide technical assistance and capacity-building for HUD grantees, local governments, and community organizations nationwide. The U.S. Department of Housing and Urban