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Excellence in Reconciliation
Excell Communications understands the importance of due diligence when
purchasing tower assets. One of the most common ways to expand your tower
industry is through acquisition. Conducting a thorough review of the towers
offered for sale is vital in assessing their current worth and future potential.
Our experience in collocations and in-house expertise in real estate,
engineering and construction, make Excell a unique resource to help in the
evaluation of towers for purchase. We review each site under consideration from
a future marketability perspective. This includes an evaluation of the seller’s
paper file due diligence against industry-standard expectations. It also
includes a comparison of the paper file terms against actual data from the field
audit. By comparing the paper file against the field audit findings and
feasibility study, Excell allows the purchaser to better understand the
condition of the site, its upside potential, and any deficiencies that could
hinder immediate lease-up after the sale.
The Portfilo Audit consists
of the following services:
- Feasibility assessment:
A physical reconnaissance around the site which
details other competing structures in the vicinity and provides an overview
of zoning regulations.
- Field audit:
A physical inventory of all tower appurtenances, a tower
inspection, and compound mapping
- Paper file audit and due diligence reconciliation:
A reconciliation of
paper files with field audit findings, as well as a review of real estate,
regulatory, and engineering documentation.
- Portfolio spreadsheet:
A compilation of all findings with discrepancies
between the Field Audit and File Audit noted.
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