Cell Tower News: Vertical Bridge increases tower portfolio – RCR Wireless

Vertical Bridge and one of its subsidiaries announced this week it will be entering into an agreement to purchase 43 towers from Townsquare Media. The towers are set to be purchased for $22.8 million in cash, subject to closing adjustments.

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In a wide-ranging, exclusive two-part interview with Inside Towers Managing Editor Jim Fryer and Business Editor John Celentano, Alex Gellman, CEO of Vertical Bridge REIT LLC, based in Boca Raton, FL, shared his perspectives on the current state of the tower business and his outlook for 2022. This is the second installment of a two-part series.