Taylor Consulting, Inc. (OTCBB: TAYO) kept its revenue stream hot this
week by signing a contract to sell a major commercial property in West
Texas. It will be the fifth profitable sale in the Lone Star State that
the company has announced since May.
The commercial contract covers the sale of a multi-unit storage facility
in the town of Merkel that the company targeted last year to serve the
flood of workers and families moving in and out of West Texas. The area
around the Permian Basin underwent a historic population explosion
driven by advanced new oil and gas drilling technology. TAYO has
received a monthly revenue from the property since its purchase in 2014.
“Like all of our investments in West Texas, this storage facility has
returned a handsome profit,” said TAYO CEO Scott Wheeler. “We carefully
considered the region’s demographics before targeting this property for
acquisition, and our research paid off. We plan to continue acquiring
properties across the country with a rate probability of value growth.”
As revenues rise, TAYO continues seeking out new real estate acquisition
opportunities in the nation’s hottest markets. Land grabs driven by huge
spikes in demand from the biotech and cannabis sectors are fueling big
real estate profits in some of the country’s top-performing cities and
regions.
Through Third Avenue Development, TAYO is building a competitive
portfolio of real estate assets for investment, rehabilitation and
resale. The company is focused on acquiring properties in the most
coveted housing and real estate markets in order to capitalize on the
continued recovery and growth of the U.S. real estate marketplace. For
more information, visit www.ThirdAvenueDevelopment.com.
About Taylor Consulting, Inc.
Taylor Consulting, Inc. (TAYO) recently created Third Avenue
Development, LLC as a new division whose primary goal is 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
others.
Third Avenue Development, a premier hybrid real estate investment and
development company, is building an emerging portfolio of real estate
assets for investment, rehabilitation and 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. For more information, visit www.ThirdAvenueDevelopment.com.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform
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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
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herein for events occurring after the date hereof.
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