StratCap Digital Infrastructure REIT Sells 48 Cell Towers for $55.1 Million
StratCap Digital Infrastructure REIT Inc. – a non-listed, publicly registered perpetual-life real estate investment trust – has completed the disposition of 48 wholly owned wireless cell towers to EverLink Towers LLC for a purchase price of $55.1 million.
The company used its operating partnership to sell three specific subsidiaries that owned its telecommunications infrastructure: Vogue Towers II, SWIF II Investment Co. Towers I, and SWIF II Investment Co. Towers II.
The REIT said the disposition generated net cash proceeds to the company of $38.5 million after closing costs and closing adjustments and repayment of debt secured by or allocated to the cell towers.
“We believe this transaction showcases our ability to successfully realize value for our stockholders by executing disciplined strategies across digital infrastructure assets,” said Michael Weidner, chief financial officer and treasurer of StratCap Digital Infrastructure REIT.
The company acquires and establishes, operates, manages, and leases digital infrastructure assets, with a primary focus on data centers, cell towers, wireless easements and lease assignments, and fiber networks.
The REIT’s total net asset value was $124.6 million as of Nov. 30, nearly a 2.9% decrease from the previous month’s $128.3 million.
On Dec. 22, the company’s board authorized daily gross distributions to stockholders of record as of the close of business on each day of the period commencing on Jan. 1 through March 31, 2026, for each class of shares of the company’s common stock in the amount of $0.001479452 per share. The distributions will be paid or reinvested in shares of common stock on a monthly basis in arrears, net of, as applicable, stockholder servicing fees that are payable monthly.
According to the company, the recent sale successfully monetized a portion of its tower portfolio, a preparation to transition part of its portfolio toward other digital sectors such as stabilized data centers, which management believes can provide attractive risk adjusted returns.
Leadership for the REIT said that as demand for computing power and data storage accelerates with the growth of AI and cloud-based technologies, the company expects to increase its exposure to this sector and position itself as a leading provider of access to high quality, core digital infrastructure.
The REIT expects the shift to strengthen its balance sheet and distribution coverage while also assisting in reducing operational complexity. “Our ultimate goal is to enhance the overall quality and resilience of [the company’s] portfolio while driving long-term growth and returns for stockholders,” added Weidner.
The REIT currently retains exposure to a portfolio of approximately 150 sites held through a joint venture and is “confident in the value proposition for cell tower investments, particularly over longer-term hold horizons.”
In October 2025, the REIT announced that its adviser, StratCap Digital Infrastructure Advisors II, LLC, waived $39,000 in accrued, unpaid management fees. This financial support covers the management fees that were otherwise payable to the adviser for the month of September 2025.
This was the second time in recent months that the REIT relinquished management fees, having waived $1.4 million of accrued, unpaid management fees for the period from Sept. 1, 2024, to Aug. 31, 2025.
The REIT’s initial public offering declared effective Feb. 14, 2025, comprises $575 million shares of Class D, Class I, Class S, and Class T shares, consisting of up to $500 million shares in the primary offering and up to $75 million shares pursuant to its distribution reinvestment plan. As of Dec. 22, the company has issued approximately 2.98 million shares of Class I common stock and 57,990 shares of Class T common stock, resulting in receipt of gross proceeds of approximately $30.2 million and $608,900, respectively.
StratCap is a privately held, global investment management platform. It said it is committed to providing access to dynamic asset classes and highly experienced investment professionals. The company is focused on a wide range of digital economy assets with an emphasis on digital infrastructure, sustainability, and technology-centric sectors.
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