Business
TAYO Closes Union Pacific Real Estate Deal in Texas
TAYO Closes Union Pacific Real Estate Deal in Texas.
About this update from Taylor Consulting, Inc.
[{"type":"text","content":"\n \n Taylor Consulting, Inc. (OTCBB: TAYO) announced today that it closed its \n Sweetwater, Texas, real estate deal with Union Pacific Railroad Company. \n The transaction nets TAYO an impressive gross profit margin.\n \n \n “This property in Sweetwater was only one of a number of acquisitions we \n made last year that continue to pay off for our company,” said TAYO CEO \n Scott Wheeler. “Our other Texas properties continue to hold their value \n and draw interest.”\n \n \n Last year, Third Avenue Development added 47 residential and commercial \n lots to its portfolio in the town of Sweetwater, where development has \n been spurred on by a new railroad logistics center and other projects. \n Union Pacific signed a purchase option to acquire one of those \n properties in February.\n \n \n With the deal now closed, TAYO plans to reinvest its sizable profits \n into new acquisitions in some of the nation’s top real estate markets, \n including Colorado—a state experiencing an historic economic boom \n related to its rapidly maturing cannabis industry.\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-performing housing and real \n estate markets in order to capitalize on the continued recovery and \n growth of the U.S. real 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 Notice Regarding Forward-Looking Statements\n \n \n Safe Harbor Statement under the Private Securities Litigation Reform \n Act of 1995: This news release contains forward-looking information \n within the meaning of Section 27A of the Securities Act of 1933, as \n amended, and Section 21E of the Securities Exchange Act of 1934, as \n amended, including statement...