Our Clients: REITs

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Protecting REIT Portfolios in the 5G & 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. Unfortunately, wireless carriers often approach REITs with one-sided lease proposals designed to minimize their costs while leaving property owners with undervalued rents, compliance risks, and long-term liabilities.

At SCM Advisors, we act as the exclusive advocate for REITs, ensuring wireless lease agreements generate maximum revenue, protect portfolio value, and comply with all regulatory and safety standards.

Common Challenges for REITs in Wireless Leasing

Carriers often attempt to:

• Undervalue portfolios by offering below-market lease rates.
• Misclassify upgrades under Section 6409 as “minor modifications” to avoid permit fees and compliance reviews.
• Expand equipment rights without rent adjustments, eroding property value.
• Shift liability for RF safety, equipment damage, and zoning disputes back to the REIT.
• Suppress rent escalators across long-term agreements, costing millions in lost income.
   

SCM Advisors prevents these practices 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 enforce true market value across hundreds of sites.
• Section 6409 compliance enforcement, ensuring upgrades are properly classified as Major Modifications, unlocking fees and protecting municipal approvals.
• FCC RF compliance audits and structural assessments to reduce liability and preserve tenant safety.
• Lease and use permit enforcement to control equipment expansion, protect property rights, and maintain zoning authority.
• Carrier indemnification clauses that 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:

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

Our experience with CubeSmart and other major REITs makes us the self-storage and real estate industry’s leading experts in wireless lease negotiations, compliance, and revenue optimization.

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