Dustin Cahill Named to TowerPoint Capital's Senior Management Team

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ATLANTA, Aug. 22, 2013 (GLOBE NEWSWIRE) -- TowerPoint Capital (formerly Communications Capital Group-CCG) said today that Dustin Cahill has joined the firm's senior management team and been promoted to Executive Vice President of Acquisitions. Cahill most previously served as senior vice president of acquisitions for the firm, which earlier this week rebranded as TowerPoint Capital.

Mr. Cahill began working with the firm in 2010 as co-head of an exclusive California-based originations unit of the company. In his new role, Cahill – based in TowerPoint's San Diego office - will be responsible for managing TowerPoint's West Coast and Midwest business units as well as contributing to the firm's corporate business development initiatives.

"The leadership team is very pleased to welcome Dustin to his new position at TowerPoint," said Jesse Wellner, Principal and Managing Director. "Dustin truly exemplifies what we look for in a partner by demonstrating a consistent commitment to the firm's core values, Knowledge, Professionalism, Integrity and Partnership. We are all very excited about collaborating with Dustin as we continue to grow and improve our business."

Cahill has more than 12 years of experience in financial services, real estate, and telecommunications and has acquired more than $95 million of existing wireless lease assets. Prior to joining TowerPoint Capital, Dustin co-founded an exclusive ground lease originations unit of Communications Capital Group, LLC.

"The TowerPoint platform is poised for significant growth over the next few years, and I look forward to making a meaningful contribution as I embark on my new role with the firm," Cahill said.

Dustin also served as the National Sales Manager for a wireless lease optimization company and in this role he was responsible for managing top-performing origination teams that collectively completed over $250 million in rent savings for U.S. telecommunications carriers. Dustin's in-depth knowledge of lease acquisitions, lease optimization, and financial services gives him a unique advantage in serving the needs of his clients.

About TowerPoint Capital:

TowerPoint Capital (formerly Communications Capital Group) is a leading institutional investor in cellular site locations across the United States. Since 2007, we have created long-term value for our landlord and corporate partners by emphasizing our core values — Knowledge, Professionalism, Integrity and Partnership. Our leadership team possesses fifty years of combined experience, having invested in (or financed) over $1 billion in telecommunications infrastructure and real estate-related assets.

CONTACT: Tony Wilbert The Wilbert Group 404-254-1487 (O) 404-405-3656 (C) twilbert@thewilbertgroup.com

Source:TowerPoint Capital