HOUSTON--(BUSINESS WIRE)--As Taylor Consulting, Inc. (OTCBB: TAYO) works to build a portfolio of potentially lucrative real estate assets, the company is initially concentrating its efforts on a state with the hottest real estate market in the country.
A heavy influx of new residents from out of state has kept demand for housing in Texas historically high in recent years. Properties are moving on and off of the market quickly, providing potentially lucrative opportunities for real estate investors.
What’s more, the state doesn’t appear to be in danger of cooling down anytime soon. Earlier this year, the Urban Land Institute (ULI) ranked the city of Houston, where TAYO is headquartered, as the No. 2 market to watch in its “Emerging Trends in Real Estate 2014” report, behind only San Francisco. Dallas-Ft. Worth was ranked 4th; Austin 7th.
“Above-average population growth and expansion in the energy industry have kept the fundamentals of Texas’ economy strong,” said TAYO CEO Scott Wheeler. “The state’s biggest markets are a hotbed for investment in office, industrial, commercial, retail and residential properties. This is precisely where we want to plant our flag as we work to build a dominant portfolio of real assets with multiple avenues for success.”
TAYO has already opened talks to acquire a number of properties in Texas for potential sale, rehabilitation or development. The company hopes to announce the first of many land purchases in the coming days.
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 (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 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.
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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.