TAYO Initiates Due Diligence on New West Texas Property
Sep 24, 2014
OTC Disclosure News Service
In its bid to build a competitive portfolio of real estate assets in
West Texas, one of the world’s hottest economic regions, Taylor
Consulting Inc. (OTCBB:TAYO) has targeted a new ten-acre property in the
area’s largest metro.
The company announced today that it has begun due diligence toward
acquiring the lot, located in the greater Abilene region. The ten-acre
property would be only the latest addition to the company’s growing
collection of versatile assets in West Texas, where oil and gas drilling
and exploration are sending the local economy to historic new highs.
“As more and more oil and gas activity in this region draws temporary
and permanent residents and workers from around the country, our
emphasis continues to be on acquiring properties that can be used to
suit a variety of needs,” said TAYO CEO Scott Wheeler. “This property
right outside Abilene fits that bill perfectly. If we complete this
purchase, it will be because we expect this property’s premiere
versatility to ensure a big return for our investors.”
TAYO also continues to conduct due diligence toward additional real
estate acquisitions across the state, where population growth has
averaged 1.7 percent annually over the past three years—more than double
the national average. The company has also targeted the acquisition of
large, bulk-lot properties and even a local real estate brokerage as it
moves aggressively to gain market share in the booming West Texas region.
TAYO recently created Third Avenue Development, LLC 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) and Essex Property Trust Inc. (NYSE: ESS) and
For more information on Third Avenue Development, please visit www.thirdavenuedevelopment.com.
About Third Avenue Development, LLC.
A division of Taylor Consulting, Inc. (TAYO), Third Avenue Development,
LLC, 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
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