15 Jan 5G LLC Grows Its Rooftop Portfolio With Real Capital Solutions
BETHESDA, Md.–(BUSINESS WIRE)–#5G–5G LLC is excited to announce the latest addition of properties to its ‘high tech’ rooftop portfolio, through a multi-year agreement with Real Capital Solutions (‘RCS’) a prominent investor in value-added real estate. 5G LLC works with real estate property owners and occupiers to provide rooftop and technology solutions that increase property revenue and value.
5G wireless technology and the growth of new wireless carriers requires an exponential increase in wireless locations. 5G LLC’s real estate “rooftops” allow carriers to quickly deploy and expand the newest technology and meet the dramatic increase in demand of required cell sites. The result is a solution that addresses tenant demand and provides incremental revenue with resulting NOI impact for Real Capital Solutions. The 5G LLC leadership team combines strong commercial real estate relationships with deep wireless telecommunications experience, positioning it to be a leader in 5G cell site deployment.
“RCS owns hundreds of buildings in dense metro areas across 30 states. Given the unique geographic dispersion of this real estate portfolio RCS is eager to embark on the opportunities 5G presents,” said Brian Mistysyn, Director of Asset Management at Real Capital Solutions. “We realize the importance of technology, especially 5G, as an investment as well as a valuable amenity to our tenants.” RCS is a 30-year-old company actively managing over $1.5 billion in real estate assets worldwide, working with all asset types.
“5G LLC is redefining relationships with technology and real estate. We are helping to improve the value of properties through incremental additional revenue, enhanced amenities, and greater community while at the same time aligning with carriers and tech to provide the ideal locations for the latest technologies,” said Rick Varnell, EVP, Sales and Solutions at 5G LLC. “Introducing RCS to wireless carriers to implement value added solutions is a significant step in connecting the industries.”
About 5G LLC
5G LLC is bridging the gap between institutional and corporate owners of commercial real estate portfolios and technology providers including wireless carriers through cutting-edge solutions and services. Our solutions focus on deploying next generation outdoor and indoor 5G wireless for Commercial Real Estate owners and their tenants. 5G LLC’s mission is to work closely with the CRE environment and Technology providers to deliver whole digit NOI enhancements, resulting in revenue improvement, cost efficiencies and amenity benefits at no capital expense to the real estate owners. To find out more, visit www.5gllc.net and follow 5G LLC on LinkedIn.