TAYO Stakes Its First Claim in West Texas
June 19 2014 - 5:00AM
Business Wire
After weeks of careful due diligence, Taylor Consulting, Inc.
(OTCBB: TAYO) signed a contract to acquire its first real estate
asset in the oil-boom region of West Texas this week.
TAYO has made the acquisition of promising assets on or near the
state’s shale oil and gas formations a priority since expanding
into the U.S. real estate market earlier this year. After
conducting extensive market research on the region and its
astonishing growth, TAYO signed a contract to acquire an
infrastructure play in the rapidly expanding Abilene metro
area.
The first property in the company’s portfolio will be a
multi-unit storage facility—an amenity in short supply as a flood
of workers in and around the energy industry swarm in and out of
West Texas. TAYO’s research found that the self-storage market in
the area was underserved. Supported by increasing numbers of part
time residents and the back bone of a military base, the company
expects to maintain a very high occupancy rate at the new
property.
"This is a commercial business in a prime, central location with
great land value and positive cash flow,” said TAYO CEO Scott
Wheeler. “The demographics of the region made this target an easy
choice. It’s the first of many acquisitions we plan to make this
year in this rapidly expanding energy center."
In addition to its traditional sports consulting business, TAYO
recently created a new division—Third Avenue Development, LLC—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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