Arcadia Towers was formed in 2005 for the purpose of developing, owning, and operating wireless communications towers throughout select markets in the U.S.  Prior to forming Arcadia, co-founders Sam Johnston and Tom Patterson were Managing Directors at Lattice Communications, LLC, a middle market tower company, which was sold in December of 2004 for $115 million. In 2014, Arcadia Towers completed a $5 million equity financing with Kern Whelan Capital, LLC, a San Francisco based Investment Company. Jay Kern, co-founder and general partner of Kern Whelan, was the orginal equity sponser of Arcadia Towers. Together with the $5 million equity financing completed in 2014, Arcadia secured a $5 million credit facility with Texas Exchange Bank. Today, Arcadia has a portfolio of high quality tower sites and optioned property available for site development located throughout the Midwest. Arcadia’s commitment to responsiveness enables wireless service providers to reduce the time from search ring generation to on-air date.