TAYO Develops Plan To Increase Asset Values
August 11 2014 - 9:02AM
Business Wire
In order to better market its growing portfolio of real estate
assets in West Texas, Taylor Consulting, Inc. (OTCBB: TAYO) is
targeting modular housing manufacturers in the region for potential
partnership.
Due to the explosion in shale oil and gas drilling and
exploration in West Texas’ Permian Basin, the area is experiencing
an unprecedented boom in population and economic activity. To
capitalize, TAYO has formed a real estate division, Third Avenue
Development, LLC, and acquired multiple West Texas properties. The
company continues to conduct due diligence toward additional real
estate acquisitions in the state, where population growth has
averaged 1.7 percent annually over the past three years—more than
double the national average.
Because West Texas is being flooded with new workers and
residents, TAYO has identified modular housing as a fast,
affordable solution to the region’s low housing inventory.
“By placing modular housing on some of our new properties, we
can quickly begin providing housing where it’s needed most,” said
TAYO CEO Scott Wheeler.
The company 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.
Through Third Avenue Development, the company is committed to
investing 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 in booming oil and gas regions. The company is focused on
acquiring and developing properties in the country's top-performing
markets in order to capitalize on rising demand for housing and
related infrastructure services.
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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