TAYO Opens Talks to Acquire Promising Real Estate Assets
April 14 2014 - 5:00AM
Business Wire
Taylor Consulting, Inc. (OTCBB: TAYO) continues to move quickly
to secure a foothold in the multi-billion-dollar U.S. real estate
sector, opening talks this week to acquire several properties in
one of the nation’s hottest real estate markets.
TAYO CEO Scott Wheeler said today that the company is targeting
raw land for acquisition in Texas, where strong demand for homes
has kept both buyers and sellers in the market. The company is
currently negotiating letters of intent to purchase several
properties in the state and maximize their revenue potential.
“Once the LOIs are signed, we’ll begin the process of conducting
feasibility studies toward the best use of these assets,” Wheeler
said. “We’re interested in developing, building, rehabilitating and
reselling—whatever the market demands.”
Increased demand has left the supply of homes 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.
TAYO plans to grow its national brand by building up its
portfolio of assets in Texas, first, acquiring properties with high
potential and applying multiple marketing strategies.
Taylor Consulting, Inc., has formed a new division, Third Avenue
Development, LLC, to invest 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.ThirdAvenueDevelopment.com.
About Third Avenue Development, LLC
A division of Taylor Consulting, Inc. (TAYO), Third Avenue
Development, LLC, 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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