TAYO Forms New Real Estate Division
April 10 2014 - 5:00AM
Business Wire
Taylor Consulting, Inc. (OTCBB:TAYO), a Texas-based sports
consulting company, announced today that it will form a new
division to expand the company’s business into the
multi-billion-dollar U.S. real estate market.
The new division, Third Avenue Development Corp., will serve as
a hybrid real estate and development company as TAYO explores
potentially lucrative new opportunities to buy, sell and develop
land across the country. Under the leadership of TAYO President and
CEO Scott Wheeler, Third Avenue will target promising acquisitions
with the potential for multiple market strategies, beginning in the
booming real estate market of Texas.
Explosive demand has left the supply of housing in Texas at its
lowest level in nearly 20 years, setting the stage for potentially
huge profits to be made by building, rehabilitating or upgrading
existing single- and multi-family properties for rent or
resale.
“Texas is the perfect place to establish the Third Avenue
Development brand, with a constant stream of new residents flooding
into the state creating high demand for both raw land and existing
properties,” Wheeler said. “The establishment of this new division
will allow Taylor Consulting to keep this new business separate
from its traditional consulting work.”
Third Avenue Development Corp. will focus on investing in
potentially lucrative real estate assets to compete in a brisk
market alongside American Homes 4 Rent (NYSE: AMH), Silver Bay
Realty Trust Corp. (NYSE: SBY), Equity Residential (NYSE: EQR),
Essex Property Trust Inc. (NYSE: ESS) and more.
For more information on Third Avenue Development, please
visit www.TADCorp.com.
About Third Avenue Development Corp.
A division of Taylor Consulting, Inc. (TAYO), Third Avenue
Development Corp. is building an emerging portfolio of real estate
assets for rehabilitation and rent or resale. The company is
focused on acquiring properties in the country’s top-performing
housing markets in order to capitalize on the continued recovery
and growth of the U.S. real estate marketplace.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release contains forward-looking
information within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, including statements that include the words
“believes,” “expects,” “anticipate” or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to differ materially
from those expressed or implied by such forward-looking statements.
In addition, description of anyone’s past success, either financial
or strategic, is no guarantee of success. This news release speaks
as of the date first set forth above and the Company assumes no
responsibility to update the information included herein for events
occurring after the date hereof.
Taylor Consulting, Inc.Scott Wheeler, 713-840-6099President and
CEOinfo@tadcorp.com
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