HOUSTON--(BUSINESS WIRE)--This month, the executive leadership of Taylor Consulting, Inc. (OTCBB: TAYO) will seek out new business opportunities at ICSC RECon Las Vegas, the nation’s largest retail real estate convention.
As TAYO, a sports consulting business, works to transition into the U.S. real estate market, the company is targeting smart acquisitions in top markets—especially distressed properties. RECon is a global convention for the shopping center industry, providing networking, deal-making and educational opportunities for retail real estate professionals from around the world.
With over 32,000 attendees and 1,000 exhibitors, the convention represents a potentially lucrative opportunity for TAYO to jumpstart its asset portfolio.
“With the housing market rebounding in the nation’s top markets, retail and shopping centers are sure to blossom wherever people are moving in,” said TAYO CEO Scott Wheeler. “This convention is a prime chance for us to reach out to retailers and developers from all over the country and discover what real estate they’re interested in buying and selling. The knowledge and connections we gain could be invaluable in building a portfolio of in-demand assets.”
TAYO will concentrate its initial acquisition efforts in the state of Texas, where the housing market is experiencing a boom due to a major increase in oil and gas drilling and exploration. The company is already in talks to acquire properties near the Cline Shale formation, believed by many experts to be one of the largest, most important oil plays in history.
TAYO has established a new division, Third Avenue Development Corp., that will focus on investing in potentially lucrative real estate assets to compete in a brisk market alongside American Homes 4 Rent (NYSE: AMH), Silver Bay Realty Trust Corp. (NYSE: SBY), Equity Residential (NYSE: EQR), Essex Property Trust Inc. (NYSE: ESS) and more.
For more information on Third Avenue Development, please visit www.ThirdAvenueDevelopment.com.
About Third Avenue Development Corp.
A division of Taylor Consulting, Inc. (TAYO), Third Avenue Development Corp. is building an emerging portfolio of real estate assets for rehabilitation and rent or resale. The company is focused on acquiring properties in the country’s top-performing housing markets in order to capitalize on the continued recovery and growth of the U.S. real estate marketplace.
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