Property Owners FAQ's

We buy the right to receive mobile site rent within a defined area for a specific period (typically 30 years or more), together with limited rights that ensure we can collect that rent.

The amount of a lease premium depends on factors such as:

• Current rent under the lease
• Expected future rent escalations
• Type of tenant (operator or tower company)
• Terms of the lease
• Type of site (tower or rooftop) and its location
• Presence of co-locators (site sharing)
• Duration of our investment
• Other elements that affect our risk assessment

Mobile site leases differ from other commercial leases in that the tenant can terminate them with very little notice – typically 30 to 90 days. Imagine if tenants in office buildings could walk away in 30–90 days! Commercial real estate financing would collapse. It is precisely the situation with mobile site real estate: you cannot simply go to your bank and borrow against a site lease. That is why more than 25,000 site owners worldwide have accepted a lease buyout (lease premium), opting for a large, secure, upfront payment instead of uncertain rent that can fluctuate and typically only increases at the rate of inflation (CPI). The key to any good investment is to earn a return that exceeds inflation. TIP can help you achieve this.

Nothing. Our investments are “non-recourse.” It means that if the tenant stops paying rent after we have invested in the lease, we cannot come back to you for the money. That is the core of our business: site owners win because they turn uncertain future rent into a large upfront payment, while transferring all site-related risk to TIP. And TIP wins because, even though some leases will eventually be terminated, our global portfolio of site lease investments mitigates this risk.

A mobile site lease is worth much more to TIP than to an individual site owner. The reason is simple: site owners face “binary risk” – either the site exists (“1”) or it doesn’t (“0”). This is also why banks will not lend against such leases. TIP, on the other hand, faces portfolio risk. We can accept site lease terminations because, for every site that closes, we hold many more leases worldwide. In other words, TIP is hedged by its global portfolio. For this reason, in a purely rational world, every site owner would sell their lease, replacing uncertain, inflation-only rent with an upfront payment that delivers certainty and a much higher return.

The vast majority of mobile site leases can be terminated for economic or technological reasons – essentially anything – with little notice, usually 30–90 days. This is why site owners cannot borrow against their leases at a local bank. TIP provides a solution by owning an extensive, high-quality global portfolio of site leases. Our portfolio is hedged, which lowers our cost of capital and enables us to make substantial upfront payouts while still earning an acceptable return on investment.

Although some site leases attempt to restrict what an owner can do, in most cases, property owners are free to use their land as they see fit. That’s what ownership means!

Yes. TIP acquires only the rights associated with your mobile site lease – primarily the right to receive rent. Unless you specifically request that we purchase your land (which we can do), the land remains yours, and you are free to use it as you see fit. Once our investment period ends, the site lease and rent revert to you – unless, of course, you decide to accept another lease premium from TIP.

You can sell as much or as little of your uncertain future rent as you wish. As long as your mobile site leases meet our investment criteria, we are ready to buy them.

Our founder, Eric Overman, has overseen the acquisition of more than 75% of all lease premiums transacted outside the United States, representing approximately 6,000 leases across 20 countries. Today, TIP is backed by InfraBridge, which has committed up to US$350 million in equity – a level of funding that far exceeds the resources available to Mr. Overman in his previous venture. This capital commitment, complemented by access to low-cost debt in due course, positions TIP to invest in over 10,000 mobile site leases worldwide.

The process is straightforward. The timeline depends mainly on how quickly you can provide the required documentation. Once the terms are agreed upon, due diligence and closing are typically completed within approximately 30 days.

Typically, minimal changes. Once we make our investment, we notify the tenant (the wireless operator or tower company) of the change of landlord. From that point until the end of our investment period, TIP serves as the tenant’s point of contact for the site. We will coordinate with you if a site visit or major works are scheduled, or if another potential tenant expresses interest in locating a mobile site on your property.

Contact us. We would be glad to perform a free lease evaluation to determine if your site qualifies.