Business
TAYO Places Bid to Acquire Real Estate Brokerage in Nation’s Hottest Region
TAYO Places Bid to Acquire Real Estate Brokerage in Nation’s Hottest Region.
About this update from Taylor Consulting, Inc.
[{"type":"text","content":"\n \n Seeking to cut out the real estate middle man, Taylor Consulting, Inc. \n (OTCBB:TAYO) placed a bid this week to acquire a real estate brokerage \n in West Texas, one of the nation’s fastest-growing regions.\n \n \n If approved, the acquisition would allow TAYO and its real estate \n division, Third Avenue Development, LLC, to conduct future transactions \n using a Texas broker’s license, enable the company to diversify its \n service offerings and increase its bottom line.\n \n \n \"This acquisition could open up a number of potentially lucrative new \n avenues for us in one of the country’s hottest real estate markets,\" \n said TAYO CEO Scott Wheeler. \"We have been working on an exclusive \n relationship with a licensed brokerage for some time in order to more \n efficiently streamline our property acquisitions in the region and \n provide us with a crucial point of contact in the local marketplace.\"\n \n \n West Texas’ Permian Basin region, anchored by Midland and Odessa, has \n several shale plays that will likely produce more than 1.3 million \n barrels of oil per day by 2017, according to many oil industry experts. \n As a result, Texas' population growth has averaged 1.7 percent annually \n over the past three years, more than double the national average.\n \n \n TAYO has made buying and selling promising assets on or near the state's \n shale oil and gas formations a priority since expanding into the U.S. \n real estate market earlier this year. Through Third Avenue Development, \n the company is committed to investing in promising real estate assets to \n compete alongside American Homes 4 Rent (NYSE: AMH), Silver Bay Realty \n Trust Corp. (NYSE: SBY), Equity Residential (NYSE: EQR), Essex Property \n Trust Inc. (NYSE: ESS) and 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 in booming \n oil and gas regions. The company is focused on acquiring and developing \n properties in the country's top-performing markets in order to \n capitalize on rising demand for housing and related infrastructure \n services.\n \n \n Notice Regarding Forward...