Our Clients: REITs

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Protecting REIT Portfolios in the 5G and 6G Era

REITs own some of the most valuable real estate for wireless infrastructure, from self-storage and industrial facilities to office and retail portfolios. Wireless lease agreements are often complex, and without independent oversight, property owners may face undervalued rents, compliance risks, and long-term liabilities.

At SCM Advisors, we act as a dedicated advocate for REITs, ensuring that wireless leases generate competitive revenue, protect portfolio value, and meet regulatory and safety standards.

Common Challenges for REITs in Wireless Leasing

Typical risks in REIT wireless lease negotiations include:

• Below-market lease rates that undervalue portfolios
• Upgrades categorized under Section 6409 as minor modifications, limiting permit fees and reviews
• Expanded equipment rights without rent adjustments, eroding property value
• Lease terms that shift liability for RF safety, equipment damage, or zoning disputes back to the REIT
• Rent escalators set too low, potentially reducing long-term income
   

SCM Advisors addresses these challenges through RF engineering audits, FCC compliance oversight, legal strategy, and portfolio-wide lease optimization.

Delivering Real Value to REITs

For national and regional REITs, SCM Advisors provides:

• Revenue optimization strategies that uncover hidden income streams and align leases with true market value across portfolios
• Section 6409 compliance review to determine when upgrades qualify as Major Modifications, supporting proper oversight and revenue capture
• FCC RF compliance audits and structural assessments to help reduce liability and safeguard tenant safety
• Lease and permit enforcement to manage equipment expansion, protect property rights, and maintain zoning authority
• Carrier indemnification clauses designed to shift risk away from the REIT and its investors
   

Why REITs Choose SCM Advisors

SCM Advisors has served as CubeSmart’s exclusive national wireless advisor for more than six years, reporting directly to their legal team and delivering measurable outcomes including:

• Over $9 million in new recurring lease revenue
• More than $1.5 million in one-time recovered fees
• Portfolio-wide compliance improvements that preserve asset value
   

Our experience with CubeSmart and other major REITs has made us a trusted advisor in the self-storage and real estate industries for wireless lease negotiations, compliance, and revenue optimization.

With SCM Advisors as your partner, your REIT can confidently capture the value of wireless infrastructure, protect its assets, and secure sustainable revenue growth in the 5G and 6G era.