Billboard Insider talked with Kalil and Company’s Max Drachman last week to get an update on the out of home transactions market. Max, how is 2021 shaping up in terms of deal volume? The year started a bit slower than usual, however it is picking up in a hurry. We […]
Last week Burkett Media sold four digital faces in San Antonio to OUTFRONT. Max Drachman at Kalil and Co was the broker. Insider talked with Beau Burkett about the transaction. What did you sell? Two signs (four digital units total) all 14x48s. I spent over a year working to craft […]
Cellular billboard antennas are the-next-big-thing-that’s-going-to-happen-but-never-does. Insider suspects this is because many billboards are in rural areas with little additional demand for cellular/wireless antennas. Insider has received only 1 request from a cellular company seeking wireless antenna space on a Circle City Outdoor billboard. It was looking for a billboard near […]
On last week’s Billboard Insider podcast Insider commented that out of home values vary from 8 to 14 times cashflow. Reader Greg Hicks asked us to explain what factors cause the multiple to vary. We asked out of home broker Max Drachman of Kalil and Co to comment: That’s a […]
Where can I find billboards for sale? This is the third most viewed Billboard Insider post. The topic remains of interest to judge from the phone calls Insider receives. Here’s a refresh of the ways to find billboards for sale. Do-it-yourself. This means driving around or doing the internet research […]
Last week PJ Solomon investment banker Mark Boidman suggested that bid ask spreads are widening in the out of home market. Insider asked some out of home investment bankers to comment and they suggested that while some buyers are discounting bids for covid, other buyers aren’t. Max Drachman says there’s […]
Last Friday OUTFRONT CFO Matt Siegal suggested that out of home multiples are lower. Five investment bankers tell insider that there hasn’t been a dramatic shift in multiples. Max Drachman, Kalil and Co I believe there are many executives that would agree with Matt on feeling an acquisition today would […]
Billboard Insider talked yesterday with Kalil and Company broker Max Drachman about the out of home transactions market. Max, what are you seeing in terms of transaction activity as we move into what appears to be another wave of Covid infections around the country? We have closed five Outdoor deals […]
Personal injury lawyers are big users of billboards. Last week the principals of the personal injury law firm Rainwater Holt & Sexton purchased an out of home plant to be able to advertise their firm’s services. Their company RSG Signs purchased some Arkansas billboards owned by Arrington Outdoor. SignValue acted […]
Insider asked Kalil and Co’s Max Drachman to talk about the current out of home deal market. Max, are deals getting done? Yep. We closed one deal ten days ago, and have two more slated to close by the end of the month. Deal flow is better in certain areas […]
