HOUSTON--(BUSINESS WIRE)--Taylor Consulting, Inc. (OTCBB: TAYO), a Texas-based sports consulting company, announced today that it is expanding its business to explore potentially lucrative new opportunities in the U.S. housing market.
TAYO is working to incorporate a new subsidiary that will serve as a hybrid real estate and development company. It has also hired a new chief executive with experience in the industry in order to pursue this new direction as the real estate market continues its dramatic recovery.
New President and CEO Scott Wheeler brings 20 years of real estate experience to TAYO, with demonstrated expertise in the acquisition, rehabilitation and resale of loan portfolios and REO properties. From 2013 through the present, Wheeler was president of Mustang Investment & Property Group, LLC, a private company in the business of acquiring and rehabilitating single-family homes and developing raw land. From 2008 to the present, he was also the owner of Scott Wheeler Properties, LLC, a private company which specialized in real estate assets. He is licensed as a realtor with the Texas Real Estate Commission.
According to a new study conducted by The Demand Institute, a think tank set up by the Conference Board and Nielsen, the United States’ housing market recovery will continue for the next five years, at least, with a large portion of the growth concentrated in a handful of exceptionally hot markets.
“Our mission will be to target and acquire real estate assets to be rehabilitated for sale or rent,” Wheeler said. “We plan to concentrate our efforts in the nation’s top-performing real estate markets.”
Through its new subsidiary, Taylor Consulting will invest 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), Inland Real Estate Corp. (NYSE: IRC), Pulte Homes (NYSE: PHM) and more.
For more information on TAYO’s new real estate initiative, please visit www.basketballconsulting.com
About Taylor Consulting, Inc.
Taylor Consulting, Inc. (TAYO), is building an emerging portfolio of real estate assets for rehabilitation and rent or resale. TAYO 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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