In March 2018, The Mainstay Station Trust LLC came to fruition. It was created to take on four stations divested by Cumulus Media in order to complete its Chapter 11 reorganization plan.
The Trust is headed solely by noted broker Elliot Evers.
In October 2019, two of the four properties were spun from the trust. This followed the removal of a Missouri station from the trust, as Cumulus turned in the license for another property in the market.
Now, the last of the stations licensed to Evers is being sold.
