Business
TAYO Initiates Due Diligence on New West Texas Property
TAYO Initiates Due Diligence on New West Texas Property.
About this update from Taylor Consulting, Inc.
[{"type":"text","content":"\n \n In its bid to build a competitive portfolio of real estate assets in \n West Texas, one of the world’s hottest economic regions, Taylor \n Consulting Inc. (OTCBB:TAYO) has targeted a new ten-acre property in the \n area’s largest metro.\n \n \n The company announced today that it has begun due diligence toward \n acquiring the lot, located in the greater Abilene region. The ten-acre \n property would be only the latest addition to the company’s growing \n collection of versatile assets in West Texas, where oil and gas drilling \n and exploration are sending the local economy to historic new highs.\n \n \n “As more and more oil and gas activity in this region draws temporary \n and permanent residents and workers from around the country, our \n emphasis continues to be on acquiring properties that can be used to \n suit a variety of needs,” said TAYO CEO Scott Wheeler. “This property \n right outside Abilene fits that bill perfectly. If we complete this \n purchase, it will be because we expect this property’s premiere \n versatility to ensure a big return for our investors.”\n \n \n TAYO also continues to conduct due diligence toward additional real \n estate acquisitions across the state, where population growth has \n averaged 1.7 percent annually over the past three years—more than double \n the national average. The company has also targeted the acquisition of \n large, bulk-lot properties and even a local real estate brokerage as it \n moves aggressively to gain market share in the booming West Texas region.\n \n \n TAYO recently created Third Avenue Development, LLC 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) and Essex Property Trust Inc. (NYSE: ESS) and \n more.\n \n \n For more information on Third Avenue Development, please visit www.thirdavenuedevelopment.com.\n \n \n About Third Avenue Development, LLC.\n \n \n A division of Taylor Consulting, Inc. (TAYO), Third Avenue Development, \n LLC, is building an emerging portfolio of real estate assets for \n rehabilitation and rent or resale. The company is focused on acquiring \n properties in the country's top-performing housing markets in order to \n capitalize on the continued ...