As Taylor Consulting, Inc. (OTCBB: TAYO) works to build a portfolio of
potentially lucrative real estate assets, the company is initially
concentrating its efforts on a state with the hottest real estate market
in the country.
A heavy influx of new residents from out of state has kept demand for
housing in Texas historically high in recent years. Properties are
moving on and off of the market quickly, providing potentially lucrative
opportunities for real estate investors.
What’s more, the state doesn’t appear to be in danger of cooling down
anytime soon. Earlier this year, the Urban Land Institute (ULI) ranked
the city of Houston, where TAYO is headquartered, as the No. 2 market to
watch in its “Emerging Trends in Real Estate 2014” report, behind only
San Francisco. Dallas-Ft. Worth was ranked 4th; Austin 7th.
“Above-average population growth and expansion in the energy industry
have kept the fundamentals of Texas’ economy strong,” said TAYO CEO
Scott Wheeler. “The state’s biggest markets are a hotbed for investment
in office, industrial, commercial, retail and residential properties.
This is precisely where we want to plant our flag as we work to build a
dominant portfolio of real assets with multiple avenues for success.”
TAYO has already opened talks to acquire a number of properties in Texas
for potential sale, rehabilitation or development. The company hopes to
announce the first of many land purchases in the coming days.
Taylor Consulting, Inc. is putting together a new real estate subsidiary
to invest in potentially lucrative real estate assets to compete in a
brisk market 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 TAYO’s consulting business, please visit www.basketballconsulting.com.
About Taylor Consulting, Inc.
Taylor Consulting, Inc. (TAYO), 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.
Copyright Business Wire 2014