TAYO: Property Development LOI Executed
July 01 2014 - 6:30AM
Business Wire
As part of its aggressive strategy to acquire real estate assets
throughout Texas, Taylor Consulting, Inc. (OTCBB:TAYO) announced
today that, through its subsidiary, it has signed a letter of
intent to enter into a joint venture agreement with The Home
Masters Inc.
The LOI executed by Third Avenue Development, LLC, the real
estate division of TAYO, is the next phase of the company’s
strategy to meet the rapidly growing demand for housing and
services in the West Texas area. The Company recently acquired two
properties in the booming region that it is planning to develop to
meet the overwhelming demand.
“The LOI is the first step to bring our vision to reality and
housing and services to the region,” TAYO CEO Scott Wheeler said.
“The Home Masters Inc. is an ideal partner with whom to execute
this phase of our plan.”
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) and 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 future 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
Taylor Consulting (CE) (USOTC:TAYO)
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