Max Drachman: The Second Half of 2021 Should Be Active
Billboard Insider talked with Kalil and Company’s Max Drachman last week to get an update on the out of home transactions market.
Billboard Insider talked with Kalil and Company’s Max Drachman last week to get an update on the out of home transactions market.
Last week Burkett Media sold four digital faces in San Antonio to OUTFRONT. Max Drachman at Kalil and Co was the broker. Insider talked with Beau Burkett about the transaction.
Cellular billboard antennas are the-next-big-thing-that’s-going-to-happen-but-never-does. Insider suspects this is because many billboards are in rural areas with little additional demand for cellular/wireless antennas.
On last week’s Billboard Insider podcast Insider commented that out of home values vary from 8 to 14 times cashflow. Reader Greg Hicks asked us to explain what factors cause the multiple to vary.
Last week PJ Solomon investment banker Mark Boidman suggested that bid ask spreads are widening in the out of home market. Insider asked some out of home investment bankers to comment and they suggested that while some buyers are discounting bids for…
Kalil & Co. announced that Lindmark Outdoor Media had completed an acquisition with Yuma, AZ based Del Outdoor for their outdoor plant located in Albuquerque, NM.
Kalil & Co. announced last night that InSite MediaCom had sold their assets in Georgia and South Carolina. Insider spoke with Max Drachman last night about the transaction.
Last Friday OUTFRONT CFO Matt Siegal suggested that out of home multiples are lower. Five investment bankers tell insider that there hasn’t been a dramatic shift in multiples.
Billboard Insider talked yesterday with Kalil and Company broker Max Drachman about the out of home transactions market.
Insider asked Kalil and Co’s Max Drachman to talk about the current out of home deal market.