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TAYO Places Bid to Acquire Real Estate Brokerage in Nation’s Hottest Region

2014-09-16 05:00 ET - News Release


HOUSTON -- (Business Wire)

Seeking to cut out the real estate middle man, Taylor Consulting, Inc. (OTCBB:TAYO) placed a bid this week to acquire a real estate brokerage in West Texas, one of the nation’s fastest-growing regions.

If approved, the acquisition would allow TAYO and its real estate division, Third Avenue Development, LLC, to conduct future transactions using a Texas broker’s license, enable the company to diversify its service offerings and increase its bottom line.

"This acquisition could open up a number of potentially lucrative new avenues for us in one of the country’s hottest real estate markets," said TAYO CEO Scott Wheeler. "We have been working on an exclusive relationship with a licensed brokerage for some time in order to more efficiently streamline our property acquisitions in the region and provide us with a crucial point of contact in the local marketplace."

West Texas’ Permian Basin region, anchored by Midland and Odessa, has several shale plays that will likely produce more than 1.3 million barrels of oil per day by 2017, according to many oil industry experts. As a result, Texas' population growth has averaged 1.7 percent annually over the past three years, more than double the national average.

TAYO has made buying and selling promising assets on or near the state's shale oil and gas formations a priority since expanding into the U.S. real estate market earlier this year. Through Third Avenue Development, the company is committed to investing 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 more.

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 in booming oil and gas regions. The company is focused on acquiring and developing properties in the country's top-performing markets in order to capitalize on rising demand for housing and related infrastructure services.

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.

Contacts:

Taylor Consulting, Inc.
Scott Wheeler, 713-840-6099
President and CEO
info@tadcorp.com

Source: Taylor Consulting, Inc.

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