Palistar Capital, an alternative asset manager focused on mission-critical communications and digital infrastructure, has confirmed the completion of its previously announced U.S. wireless assets combination.
The integration of the assets of its portfolio company CTI Towers with Palistar's telecom easements portfolio has created one of the largest, fastest growing pools of wireless assets in North America.
The entity consists of approximately 3,000 operated, managed and/or marketed wireless assets across all 50 states and includes a combination of urban, suburban and rural macro wireless locations with long-term leases from investment-grade counterparties. The multithousand-site asset pool is the result of a six-year acquisition effort started by Palistar in 2019 and completed through hundreds of individual acquisitions to date.
In addition, Palistar recently completed a securitization of this asset pool that provides access to up to $515 million of institutiona
