Insider received a direct mail piece this week from Landmark Infrastructure emphasizing the ability to defer capital gains when selling a lease or easement. Here’s the pitch. A landlord can defer capital gains by (1) selling the easement to Landmark Infrastructrure and reinvesting the proceeds into other real estate, or […]
Other News
OUTFRONT Media Unveils First ON Smart Media Installation in San Francisco Bay Area at Caltrain
NEW YORK, June 28, 2018 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT) announced today the implementation of its ON Smart Media platform at the Caltrain Station in San Francisco, located at the northern terminus of the line at 4th and King streets. Monterey Bay Aquarium, Sparkpost, American Express, and Sharepost are […]
Company of the Day: Coastal Outdoor Advertising
Company: Coastal Outdoor Advertising Markets: New Jersey Headquarters: PO Box 632, Far Hills, NJ 07391 Phone: 908-378-5464 Email: info@coastaloutdoor.com Coastal Outdoor Advertising operates a billboard plant with 12 high profile bulletin faces across highly traveled streets and expressways in New Jersey. The company is owned by Frank Nataro. Nataro has been in the outdoor business […]
Vistar launches dedicated storefront for Digital Out of Home
New York – June 28, 2018 – Vistar Media, a programmatic technology company for digital out-of-home (DOOH), today announced the launch of the first global dedicated storefront for private marketplace (PMP) deals in DOOH. Through the Vistar “Deals Discovery” storefront, buyers can now explore custom packages curated by the world’s […]
Rothfelder answers another easement question.
Insider received a followup question in response to Richard Rothfelder’s article on taxes, foreclosures and billboard easements. Mr Rothfelder agrees with the investor that he should create the easement, sell the property and pay of the taxes. What happens when the new property owner does not pay the taxes and […]
Formetco’s Jim Poage a Certified Safety Professional
DULUTH, Ga., June 26, 2018 /PRNewswire-PRWeb/ — Formetco, Inc., the largest full service supplier to the outdoor advertising industry, is pleased to announce Safety Director Jim Poage has successfully passed the Board of Certified Safety Professionals exam and is now recognized as being a Certified Safety Professional. “The Certified Safety Professional designation is considered to […]
Company of the Day – CRG Advertising
Company: CRG Advertising, LLC Market: Connecticut Phone: 860-961-4818 CRG Advertising operates 2 digital faces and 9 static faces in Connecticut. The signs range in size from 10.5 by 22 to 14 by 60. The firm was founded in April 2009 by Charlie Ghione after stints as an outdoor exec […]
Premier Outdoor Media Acquires Jersey Premier Outdoor Media
Caruth Capital Partners, who are now doing business as Premier Outdoor Media, may be a new company entering the OOH space, but their CEO , Dominic Vastino, and President, Sean Corbett are not new to the industry. Dominic has worked with Landmark Dividend, Alliance Outdoor and Fuel Outdoor. Sean spent nearly […]
S&P Cuts Debt Rating on Clear Channel Outdoor
Standard & Poors has cut their debt rating on Clear Channel Outdoor Holdings to CCC+ from B- amid ongoing cash flow issues and debt being more at risk before their parent company iHeartMedia comes out of bankruptcy. Refinancing risks are high around $2.2B in senior subordinated notes due in March […]
CA signs in right of way proposal stalls
Opposition from billboard companies, local governments, and anti-billboard groups blocked legislation in California to allow digital billboard advertising on the public highway right of way. The controversial proposal could be attached to other state legislation later this year, but that seems to be an uphill fight in the face of […]