Community Broadcasters

Company

Community Broadcasters operates 31 radio stations across two clusters in upstate New York, three clusters in South Carolina and one cluster in Florida. The company acquired stations between 2007 and 2016. In 2019, Community sold its stations in Elmira and Olean, NY and generated additional liquidity monetizing real estate assets and towers. In 2020, Community entered into an agreement to sell its four stations in Destin-Fort Walton Beach, FL.

Location

Watertown, NY

Sector

Communications

Position

Current

Transaction

Northwood co-founded Community Broadcasters and led the acquisition financings in 2006, 2013 and 2016.