Landmark Infrastructure Partners LP
NASDAQ Global MarketCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- Sector
- Real Estate
- Industry
- Real Estate - Services
- Address
- DE United States of America
- IPO Date
- Apr 7, 2015
- CIK
- 0001615346
- Website
- landmarkmlp.com
- Similar Companies
- Business
- Landmark Infrastructure Partners LP (LMRKP) is the 8.00% Series A Cumulative Redeemable Perpetual Preferred Units of a master limited partnership that acquires, owns, and manages a portfolio of real property interests and infrastructure assets leased primarily to companies in the wireless communication, outdoor advertising, digital infrastructure, and renewable power generation industries; its core assets include long-term and perpetual easements, tenant lease assignments, fee simple properties, and owned infrastructure such as cellular towers, monopoles, self-supporting towers, stealth towers, guyed towers, rooftop sites, water towers, church steeples, commercial properties, static billboards, digital billboards, solar farms, and wind turbines, with approximately 75% of its roughly 1,986 tenant sites leased to large publicly traded tenants. The partnership operates through four reportable segments—Wireless Communication leasing to wireless carriers; Outdoor Advertising to billboard operators; Digital Infrastructure supporting data and related services; and Renewable Power Generation to solar and wind energy providers—with properties located primarily in the United States and Canada, and sales extending to Australia, Europe, and the United Kingdom. Founded in 2010 and headquartered in El Segundo, California, the partnership was taken private on December 22, 2021, through a series of mergers pursuant to a transaction agreement with Landmark Dividend LLC (its sponsor, now backed by Digital Colony affiliates following a prior acquisition), under which Landmark Dividend acquired the remaining 86.8% interest for $16.50 per common unit in cash (a 38% premium to the unaffected price), with preferred units including Series A (LMRKP) converted to cash at $25 per unit plus accumulated unpaid distributions, resulting in delisting from Nasdaq and cessation as a publicly traded entity while preferred trading persists on residual markets.
Landmark Infrastructure Partners' (LMRK) CEO Tim Brazy on Q3 2021 Results - Earnings Call Transcript
Landmark Infrastructure: The Higher Offer Is Melody To Our Ears
Landmark Infrastructure Partners LP (LMRK) CEO Tim Brazy on Q2 2021 Results - Earnings Call Transcript
Landmark: A Higher Bid Is Very Probable From Colony
Strength Seen in Landmark Infrastructure (LMRK): Can Its 7.4% Jump Turn into More Strength?
For A Triple-Net Lease REIT, Landmark Isn't The Worst Inflation Hedge
Landmark Infrastructure Partners LP (LMRK) CEO Tim Brazy on Q4 2020 Results - Earnings Call Transcript
2 Must-Own Preferreds For Retirees From Monmouth And Landmark Infrastructure
Landmark: Warming Up To Opportunities Here
Landmark Infrastructure Partners LP (LMRK) CEO Tim Brazy on Q3 2020 Results - Earnings Call Transcript
Oasis In The Desert Of Quality Yields: Landmark Preferred Shares Offer Consistent 8% Income From Cell Towers, Billboards And Renewable Power
Understanding Landmark Infrastructure's Ex-Dividend Date
Transition From LIBOR: What You Need To Know
Landmark: 8% Yields With 3 Times Coverage
Not So Common Fixed Income Preview
Not So Common Fixed Income Preview
Cell Tower REITs: Fireworks Abound As Competition Heats Up
Not So Common Fixed-Income Preview
Cell Tower REITs: Stay-At-Home Winners