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One Source of Paxton’s Wealth: A Cell Tower at a Hospital He Knew Well
The New York Times • • nation
Key Points:
- Ken Paxton, Texas Attorney General and U.S. Senate candidate, faces scrutiny over his multimillion-dollar real estate holdings and questions about potential personal enrichment from his public office, though no allegations have been proven.
- Financial disclosures reveal Paxton earned between $100,000 and $1 million approximately every 18 months from a cellular tower company he co-founded, Premier Vertical Properties, established in 2005.
- Premier Vertical Properties controls at least one cellular tower located on hospital property where Paxton served on the board from 2003 to 2013, with lease agreements involving T-Mobile and the hospital’s former parent company, Tenet Hospitals.
- Details about any financial arrangements between Paxton’s company and the hospital remain unclear, as current hospital administrators and Tenet Hospitals have not provided information on the matter.
