TAYO’s West Texas Real Estate Portfolio Continues to Show Returns

HOUSTON--(BUSINESS WIRE)-- The real estate profits earned by Taylor Consulting, Inc. (OTCBB: TAYO) continued to roll in this week when the company closed on its latest sale in West Texas. It’s the sixth profitable sale in the region that TAYO has announced since May.

The parcel sold is another from the company’s portfolio of properties in Sweetwater, Texas. Last year, TAYO’s real estate division, Third Avenue Development, acquired 47 residential and commercial lots in West Texas, where development has been spurred on by a new railroad logistics center and other projects. The company already made a sizeable profit on that investment when the Union Pacific Railroad Company purchased a large parcel earlier this year.

As profits continue to pile up, TAYO will look to reinvest some of its revenues in promising properties across the country, says TAYO CEO Scott Wheeler.

“We’ve been able to sell a number of our Texas holdings at very comfortable margins, and we’re very pleased with our success in the Lone Star State,” Wheeler said. “Currently, we’re seeking out smart new investments in some of the country’s hottest real estate markets—markets being driven by the rise of new and important industries in the U.S.

“We also see West Texas as a prime place to accumulate new assets, especially as oil and gas companies consider liquidating holdings there,” he added.

The U.S. cannabis industry, in particular, has caused spikes in real estate demand for suitable warehouse and agricultural properties in Colorado, Washington and elsewhere. Along with these states, TAYO is also looking at potential acquisitions in Nevada, where recreational adult-use cannabis is on the state’s ballot for 2016. The Company is also planning to scout New York, Vermont, and other states where adult-use cannabis legislation is a possibility.

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 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150916005558/en/

Taylor Consulting, Inc.
Scott Wheeler, 713-840-6099
President and CEO
[email protected]

Source: Taylor Consulting, Inc.

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