Business
LIG Assets, Inc. Launches New Wholly Owned Subsidiary LIGA Homes
LIG Assets, Inc. Launches New Wholly Owned Subsidiary LIGA Homes.
About this update from Lig Assets, Inc.
[{"type":"text","content":"\n\n Nashville, TN, Jan. 16, 2018 (GLOBE NEWSWIRE) -- LIG Assets, Inc. (LIGA) (also known as the \"Leader in Green Assets\" or \"LIGA\") announces it has launched a new wholly-owned subsidiary, LIGA Homes, based in Nashville, Tennessee to focus on the development and sales of primarily residential homes and communities in association with LIG Assets’ Roanoke Texas based wholly-owned subsidiary, LIG Developments, LLC., a steel framing manufacturing and design entity incorporated under the LIG Assets corporate umbrella.  The combination of LIGA Homes and LIG Developments will create a powerful vertical integration that controls land purchase, development, construction and real estate sales which will exponentially enhance LIGA’s profitability.LIGA Homes will serve as the real estate developer branch of LIGA and will continue the Company’s collaboration with famed environmental pioneer and visionary, Mr. Robert Plarr, to deliver affordable, sustainable homes in select communities throughout the United States deploying state-of-the-art technology and methodologies to bring sustainable and disaster resistant housing and commercial developments at a price level that is competitive with traditional construction. LIGA Homes’ business model is designed to provide the average homeowner the ability to purchase a home in one of its developments that is sustainable; thus significantly reducing expenses for water and power. Additionally, LIGA Homes will utilize construction materials that exhibit the highest ratings of moisture, mold, wind, earthquake and fire resistance - and are far less susceptible to aging decay associated with traditional building materials. The Company's designs are not intended for a niche market, or limited exclusively to residential units, but scalable for mass development nationwide based on consumer demand and regional market conditions.LIGA Homes will begin construction on its first residential project in the Nashville, Tennessee area in the near future that will serve to demonstrate and incorporate all elements of the Company's innovative construction, design, and technology. LIGA Homes’ architectural and design team has produced renderings of homes that will be constructed in the new development project.LIGA Homes is currently working to secure Agreements to part...