You can protect your billboard leases from being extinguished by a non-governmental foreclosure by recording your leases or easements. Government foreclosure for unpaid taxes is another matter. Read this risk disclosure on page 7 of the rating documents for the $505 million Adams Outdoor debt issue: “If the fee simple […]
The bond rating document for the Adams $505 million debt issue tells you four things about Adams and Fairway’s operations. The billboards which are pledged as collateral for the debt issue do not constitute all of Adams and Fairways billboards but are a large enough sample to provide insights into […]
Kroll Bond Rating Agency assigned preliminary ratings to three classes of secured billboard revenue notes, issued by Adams Outdoor Advertising Limited Partnership (LP). The Notes are primarily secured by substantially all Billboard Assets owned by the Issuer. As of August 31, 2018, the Adams operated, in the aggregate, approximately 9,789 […]
Some great comments on this week’s post on hurricane frames. Matt Schulze, Selective Structures I’d like to expand on my earlier comments. Hurricane frames are a must for the coast but many operators in inland areas don’t use them for signs higher than 70 feet because installs can be difficult […]
The Morning Call is reporting that a subsidiary of Adams Outdoor has sued the City of Easton for $7.2 million in compensatory damages, alleging city officials failed to provide a suitable location for a digital billboard to be installed. To gain some perspective on the dispute, Insider published an article […]
The State of Wisconsin District IV Court of Appeals has rejected an attempt by Adams to appeal a court decision dismissing a case against the Dane County Board of Supervisors on the grounds that the supervisors violated state open meetings law during deliberations in which the supervisors denied an extension […]
Company: Adams Outdoor Advertising/Fairway Outdoor Advertising Markets: Georgia, Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, North Carolina, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Wisconsin Headquarters: 500 Colonial Center Parkway, Suite 120, Roswell, GA 30076 Phone: 770-333-0399 Adams Outdoor Advertising (AOA) operates an out of home plant in 7 eastern and midwestern states. Adams […]
Adams Account Executive Peter Geffert put a great 1 minute video on linked in about a successful poster campaign for Haltermans Toyota. Geffert asked Matt Raymond of Haltermans how the poster campaign is working out and here’s what Raymond said: “It’s been a huge success for us…We had some static […]
The Morning Call reports that the Bethlehem, Pennsylvania Mayor opposes a billboard proposed near the Hill to Hill bridge. The Mayor says the billboard does not belong in a key city gateway near a historical district. Adams Outdoor is asking for a variance to construct a 600 square foot sign […]
Adams Outdoor Advertising announced their acquisition of 22 new assets in the city of Virginia Beach. The boards are strategically located on major roadways in the City: Interstate 264, Shore Drive, Virginia Beach Boulevard and Bonney Road. Insider spoke with Jim Balestino, General Manager of the Adams office in Norfolk, Virginia. […]
