John Camera, Borough of Seaside Heights
“I want to take this opportunity to thank Landmark Dividend for working together to complete the purchase of the cell antenna leases on the borough of Seaside Heights’ water tower. This was a great opportunity for the borough to get the substantial lump sum payment that was used for the operating budget of our water utility.After we had reviewed the competing bids it was an easy decision to do business with Landmark Dividend. Our attorney also liked the simplicity of your one page closing document and found it very easy to work with your in-house counsel. Landmark had made the highest offer and promised to fund within 60 days. This made us feel confident that your firm was ready to fund this transaction.There is no doubt that given the situation and the termination risk associated with these types of leases the water utility would be in a tough spot if these leases were to be canceled. We prefer to have the cash in the operating account at our disposal. Once again I would like to thank you very much for your help and we recommend Landmark Dividend to any other property owner that is thinking of selling their leases.”
JohnSeaside Heights, NJ