Tag: Landmark Infrastructure

Landmark Owns 951 Out of Home Sites

Landmark Infrastructure Partners owns 951 out of home advertising sites.   Here are the highlights from the Landmark’s third quarter 2021 earnings release and conference call. Landmark’s quarterly out of home revenues increased by 4% to $3.8 million during the third quarter of 2021. The company owned 951 out of home […]

Landmark Agrees To Sell To Landmark?

In an interesting turn on our August 12th story on Landmark Infrastructure Partners LP’s (“LMRK”) efforts to identify a buyer for their assets, Seeking Alpha  published that LMRK on Monday, following lengthy negotiations between the Conflicts Committee of the Board of Directors of Landmark Infrastructure Partners GP LLC  and the […]

Becker Boards Seeks Breakup of Landmark Infrastructure Partners

Insider’s Take: We’re not surprised that Landmark is considering selling their assets. They’ve met headwinds in growing the out of home portfolio in the US. The company had two offers in hand  from Verde Investments  and DigitalBridge . A new proposal was received last week from Melody Investment Advisors LP […]

Landmark Adds No New OOH Assets in 1Q 2021

Landmark Infrastructure revenues and cashflow increased sharply but the company did not add any new out of home advertising lease or easements.  Here’s a summary of the Landmark 1Q 2021 financial release and conference call. Revenue increased 25% to $17 million during the first quarter of 2021 due to acquisitions […]

Brad Thomas on Landmark Infrastructure

Insider is a fan of Brad Thomas, a research analyst who writes on public REITs for Forbes and Seeking Alpha.  Last week Thomas suggested that Landmark Infrastructure’s valuation imputes no value to the company’s portfolio of out of home leases.  Insider thinks that Landmark should sell the portfolio to out […]

Covid and Landmark’s Out of Home Portfolio

On a May 7, 2020 earnings call Landmark CEO Tim Brazy said COVID is impacting Landmark’s portfolio of 2,008 out of home assets: “With regard to outdoor advertising our tenants in this sector are experiencing some challenges…In our portfolio we have received a number of abatements and requests for rent […]

Landmark Developing Billboards in Europe

Landmark Infrastructure released fourth quarter 2019 financials last week.  Some highlights from the 10k annual financials, fourth quarter earnings release and earnings call Rental revenue increased 5% to $15.5 million during the fourth quarter of 2019. Net income totaled $1.1 million for the fourth quarter of 2019. The portfolio is […]

Landmark Shifting Away from Site Acquisitions

Landmark has shifted from lease and easement purchases to higher return, higher growth development initiatives.  Here are the results from the third quarter 2019 earnings release and earnings call. Revenue declined by by $3.1 million (17%) to $14.4 million for the three months ended September 30, 2019 due to the […]

5 Things about Landmark Infrastructure

Landmark Infrastructure is a publicly traded REIT which buys out of home easements and leases. Here are five things Insider learned from reading Landmark’s 2018 10k and February 2019 Investor Presentation. A growing out of home portfolio The number of Landmark owned out of home sites grew 24% during 2018 […]

Out of the Office: Sherilyn McLain

  Tell Sherilyn McLain to take a hike and she will! Sherilyn spent 14 years with CBS Outdoor/Mall Media and is currently VP of Acquisitions for Landmark Dividend. To keep fit and “sane” you will find her on the many trails and mountains in AZ just about every weekend. Tough […]