TAYO Initiates Due Diligence on New West Texas Property
September 24 2014 - 5:00AM
Business Wire
In its bid to build a competitive portfolio of real estate
assets in West Texas, one of the world’s hottest economic regions,
Taylor Consulting Inc. (OTCBB:TAYO) has targeted a new ten-acre
property in the area’s largest metro.
The company announced today that it has begun due diligence
toward acquiring the lot, located in the greater Abilene region.
The ten-acre property would be only the latest addition to the
company’s growing collection of versatile assets in West Texas,
where oil and gas drilling and exploration are sending the local
economy to historic new highs.
“As more and more oil and gas activity in this region draws
temporary and permanent residents and workers from around the
country, our emphasis continues to be on acquiring properties that
can be used to suit a variety of needs,” said TAYO CEO Scott
Wheeler. “This property right outside Abilene fits that bill
perfectly. If we complete this purchase, it will be because we
expect this property’s premiere versatility to ensure a big return
for our investors.”
TAYO also continues to conduct due diligence toward additional
real estate acquisitions across the state, where population growth
has averaged 1.7 percent annually over the past three years—more
than double the national average. The company has also targeted the
acquisition of large, bulk-lot properties and even a local real
estate brokerage as it moves aggressively to gain market share in
the booming West Texas region.
TAYO recently created 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
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