HOUSTON--(BUSINESS WIRE)--Smart, timely investments by Third Avenue Development, the real estate division of Taylor Consulting, Inc. (OTCBB: TAYO), continued to pay off this week when the company closed its latest real estate deal in West Texas. The transaction nets TAYO a substantial profit.
The company announced last week that its wholly owned real estate brokerage, White Buffalo Property Solutions, LLC, brokered contracts to sell two of TAYO’s numerous properties in Sweetwater, Texas. TAYO expects the second of these deals to close in the coming days, extending its run of good fortune in the Lone Star State.
“We experienced no dip in demand for West Texas property due to the dip in oil prices,” said TAYO CEO Scott Wheeler. “Third Avenue Development and White Buffalo Property Solutions continue to operate as normal, and our investments in the region continue to bear fruit.”
As revenues roll in, TAYO is seeking out new real estate acquisition opportunities in the nation’s hottest markets. Land grabs driven by huge spikes in demand from the biotech and cannabis sectors is fueling big real estate profits in some of the country’s top-performing cities and regions.
Through Third Avenue Development, TAYO is building an emerging portfolio of real estate assets for investment, rehabilitation and resale. The company is focused on acquiring properties in the most coveted housing and real estate markets in order to capitalize on the continued recovery and growth of the U.S. real estate marketplace. For more information, visit www.ThirdAvenueDevelopment.com.
About Taylor Consulting Inc.
Taylor Consulting, Inc. (TAYO) recently created Third Avenue Development, LLC as a new division whose primary goal is to invest in promising real estate assets to compete 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 others.
Third Avenue Development, a premier hybrid real estate investment and development company, is building an emerging portfolio of real estate assets for investment, rehabilitation and 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. For more information, visit www.ThirdAvenueDevelopment.com.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.