Business
TAYO Builds on Commercial Property Revenues
TAYO Builds on Commercial Property Revenues.
About this update from Taylor Consulting, Inc.
[{"type":"text","content":"\n \n Taylor Consulting, Inc. (OTCBB:TAYO) announced today that it has closed \n on its latest profitable real estate transaction, nearly doubling its \n investment on a major commercial property near the city of Abilene, \n Texas. The West Texas town’s consistently strong real estate market has \n paid handsome dividends for the company.\n \n \n TAYO signed a contract to sell the multi-unit storage facility in \n the greater Abilene metro area last month. In addition to selling the \n property for almost twice what the company paid for it, TAYO also \n collected monthly revenue from the working property since its purchase \n last year.\n \n \n “Our investments in Abilene and the surrounding region have been very \n fruitful for our company,” said TAYO CEO Scott Wheeler.\n \n \n Mr. Wheeler credits the region’s robust economy, low cost of living, low \n violent crime rate and local colleges and universities for keeping real \n estate in demand in and around Abilene following the recent decline in \n oil prices.\n \n \n “We continue to scout promising real estate opportunities there, and we \n expect to maintain our strong track record of revenue growth in the \n region,” he said.\n \n \n Through its real estate division, Third Avenue Development, TAYO is \n building a competitive portfolio of real estate assets for investment, \n rehabilitation and resale. The company is focused on acquiring \n properties in the most coveted housing and real estate markets in order \n to capitalize on the continued recovery and growth of the U.S. real \n estate marketplace. For more information, visit www.ThirdAvenueDevelopment.com.\n \n \n About Taylor Consulting, Inc.\n \n \n Taylor Consulting, Inc. (TAYO) recently created Third Avenue \n Development, LLC as a new division whose primary goal is to invest in \n promising real estate assets to compete alongside American Homes 4 Rent \n (NYSE: AMH), Silver Bay Realty Trust Corp. (NYSE: SBY), Equity \n Residential (NYSE: EQR), Essex Property Trust Inc. (NYSE: ESS) and \n others.\n \n \n Third Avenue Development, a premier hybrid real estate investment and \n development company, is building an emerging portfolio of real estate \n assets for investment, rehabilitation and resale. The company is focused \n on acquiring properties in the country’s top-pe...