Founded in 1964 , the Bonafasi family, via their tower portfolio Antenna Sites, Inc., were early trailblazers in the establishment of wireless infrastructure throughout Arizona
Hosting a mix of wireless carriers and a variety of government, public safety and commercial tenants, the multi-tenanted towers are strategically located across the greater Phoenix area in distinctive mountaintop locations such as Tucson, Flagstaff, Sedona, and various National Forest properties in Arizona
In 2023, the Bonafasi family decided to monetize their mission-critical tower portfolio in order for the family to maximize the value they had created over several decades.
Everest Solutions
Everest’s ability to provide both significant capital and hands-on executive-level engagement helped the family navigate the complexities of selling a large family-owned tower portfolio in a manner that satisfied all Antenna Sites stakeholder concerns
The Everest team worked directly with Antenna Sites to prepare the portfolio for sale, which included newly papering certain existing verbal leases, cataloging tenant equipment on each tower, and obtaining required tenant or ground lease assignment documentation
Since the acquisition, Everest has been able to optimize tenant licenses and cater to each tenant’s needs through our robust and dedicated leasing and operation teams
Everest is a hands-on partner that maximizes value for Sellers and is willing to cater to each unique transaction to achieve the goals of all stakeholders.
