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Global Tower Partners Secures new Management and Right to Lease Agreements from Brookfield Real...

BOCA RATON, FL - December 5, 2011 - (RealEstateRama) -- Global Tower Partners (GTP) announced today it has signed an agreement with Brookfield Real Estate Opportunity Fund (BREOF) to manage and lease 41 properties to wireless telecommunications carriers across the country. GTP will market BREOF’s locations as prospective collocation sites for wireless carriers and utilities.

Global Tower Partners Closes New Financing

BOCA RATON, FL - July 22, 2011 - (RealEstateRama) -- Global Tower Partners (“GTP”) announced today that it closed its $645,000,000 Secured Tower Revenue Notes Global Tower Series 2011-2 on July 7, 2011. The Company issued $490,000,000 Series C Notes (rated A2(sf)/A(sf) by Moody’s and Fitch respectively) and $155,000,000 Series F notes (rated Ba3(sf)/BB-(sf) by Moody’s and Fitch respectively). The notes have a blended coupon of 5.135 percent with a 30-year legal maturity.

Recent Gov & Nonprofit Real Estate Press Releases

Congresswoman Rosa DeLauro

DeLauro Votes to Pass 21st Century ROAD to Housing Act

U.S. Representative Rosa DeLauro (CT-03) voted to pass the 21st Century ROAD to Housing Act, a bipartisan package of bills to build more affordable housing nationwide. The bill passed the