As the company works to break into the U.S. real estate industry, Taylor Consulting, Inc. (OTCBB:TAYO) announced today that it has begun shortlisting assets for acquisition, rehabilitation and potential resale in one of the nation’s hottest markets.
Under the leadership of new President and CEO Scott Wheeler, TAYO is targeting potentially lucrative acquisitions in Texas with an eye toward multiple market strategies, including reselling immediately, building rental portfolios and more.
A national economic powerhouse, the state of Texas is predicted by many experts to experience better-than-average economic growth this year. Texas has ranked as the No. 1 state in the U.S. for two consecutive years in in-migration. A steady stream of new residents has kept the state’s real estate and housing markets red-hot. Housing sales grew about 7.6 percent in 2013 over the previous year—more than twice the national average, according to The Dallas Morning News.
Increased demand has left the supply of homes in Texas at its lowest level in nearly 20 years, setting the stage for potentially huge profits to be made by building, rehabilitating or upgrading existing single- and multi-family properties for rent or resale.
“The real estate market is exploding with demand in Texas,” Wheeler said. “We plan to grow our national brand by sticking close to home at first, acquiring properties with great potential and multiple marketing strategies.”
Taylor Consulting, Inc. is putting together a new real estate subsidiary to invest in potentially lucrative real estate assets to compete in a brisk market alongside American Homes 4 Rent (AMH), Silver Bay Realty Trust Corp. (SBY), Equity Residential (EQR), Essex Property Trust Inc. (ESS) and more.
For more information on TAYO’s consulting business, 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. 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.
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.
- Real Estate
Scott Wheeler, 713-840-6099
President and CEO