TAYO Moves Forward With Plans to Acquire Real Estate Company
April 16 2014 - 4:10AM
Business Wire
Taylor Consulting, Inc., a sports consulting firm transitioning
into the real estate sector, will move forward with plans to
acquire a Texas-based property investment and development business,
the company announced today.
TAYO has already come to a preliminary agreement to acquire
Mustang Investment & Property Group, LLC, last week. Since last
year, Mustang has been led by Scott Wheeler, the new President and
CEO of Taylor Consulting, Inc. By purchasing the company, TAYO
plans to acquire all of the business, contacts and infrastructure
that Wheeler has been building since 2013.
The acquisition will be a crucial step for TAYO as the company
transitions away from sports consulting into the fast-paced,
potentially lucrative business of buying, selling and developing
U.S. real estate. The company has already formed a new division,
Third Avenue Development, LLC, to handle the new business.
Wheeler says that acquiring Mustang will go a long way toward
filling out that division.
“TAYO has made a major commitment to investing in raw land and
real estate properties, but now we need the tools and
infrastructure to begin buying, developing and selling in earnest,”
he said.
The company expects to finalize its acquisition of Mustang this
month.
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.
Third Avenue Development, LLC, is already working to invest in
promising real estate assets to compete 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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