Tag: landmark

Landmark Portfolio Update

The outdoor easement and lease purchaser Landmark Outdoor has released 2016 financials.  Here are the highlights from Insider’s review of the 2016 financials and Seeking Alpha earnings call transcript.  Insider has summarized Landmark’s Outdoor Advertising Investments in the following table. Landmark Infrastructure Outdoor Advertising Real Estate Property Interests 2015 and […]

Landmark announces third quarter 2016 Financials

Landmark Infrastructure has announced third quarter 2016 financials.  Here are the highlights of the firm’s press release and webcast. Third quarter revenue increased by 59% to 8.8% million due to acquisitions. Third quarter adjusted EBIDTA increased by 63% to $8.3 million. The company has been busy raising capital for acquisitions. […]

Landmark Issues $49 million in new common stock

Seeking Alpha reports that Landmark Infrastructure, the outdoor lease and easement purchaser, has issued 3 million shares in new common stock.   Insider calculates that the company raised $49 million based on 10/14/16 share price of $16.33.  Landmark is using the cash to pay down revolving debt.  It will ultimately […]

Landmark Outdoor Acquisitions Down

Landmark Infrastructure Partners released financials for the 6 months ended June 2016.  Here are the highlights: Landmark bought no new outdoor advertising easements or leases during the first 6 months of 2016 after buying 211 outdoor advertising leases and easements during 2015. Landmark had a $59 million investment in outdoor […]

Landmark Approaching Billboard Companies

Insider hears that Landmark Dividend employee Scott Furcolow, a former Lamar and Adams lease manager and GM is approaching billboard companies offering to purchase billboard easements or to provide long term leases as an alternative to financing. Insider has seen enough Landmark transactions to know that you need to be […]

Landmark’s Pitch

A Landmark rep called Insider last week to see if he had any outdoor leases to sell.  Here’s what Insider learned from the conversation. Landmark wants to see minimum monthly sign rent of $300/month. Landmark is willing to pay up to 10-10.5 times annual rent for leases which have an […]

Landmark Emphasizing Renewable Site purchases.

Landmark CEO Tim Brazy had some interesting things to say in the Landmark’s first quarter earnings release conference call.  You can read the Seeking Alpha transcript of the call here. Landmark has launched a Unit Exchange program in which is will give landowners Landmark Units rather than cash to purchase […]

Landmark Owns 271 Outdoor sites

Landmark Infrastructure announced first quarter 2016 financials.  Landmark acquires real estate which is leased to the wireless, outdoor and renewable power industries. Revenues increased 25% to $7.8 million. EBIDTA totaled $3.9 million. Outdoor accounted for 271 (24%) of the firm’s 1,114 sites at March 31, 2016. The outdoor leases have […]

Five Reasons To Be Cautious About Landmark

Insider was asked again this week what he thinks of Landmark Infrastructure.  Landmark Infrastructure is a public company which owns 1,456 billboard, tower and wind turbine leases and easements.    Landmark has an office or origination person in 24 cities (see graphic below which came from a March 2016 investor […]