TAYO Leadership Books Cannabis Real Estate Scouting Trip to Nevada
06 March 2015 - 12:37AM
Business Wire
The executive leadership of asset management company Taylor
Consulting, Inc. (OTCBB:TAYO) will travel this month to Nevada to
begin scouting promising real estate acquisitions in a state
expected to soon join Colorado, Washington and Alaska as a top
marketplace in the rapidly expanding U.S. cannabis industry.
Nevada, where medicinal cannabis is legal, is widely expected by
industry watchers to be among the next five states where adult-use
cannabis will be legalized, joining Alaska, Oregon, Washington and
Colorado. The cannabis market in Nevada is expected to grow 341
percent in 2015, according to a recent report by ArcView Group, a
market research firm and investment network specializing in legal
cannabis. In addition to dispensaries and growing facilities,
growing demand is also bringing in a flood of new ancillary
businesses to Nevada, from accessory vendors to greenhouse
manufacturers and security officers to lawyers.
All of these new businesses need real estate, says TAYO CEO
Scott Wheeler.
“The unprecedented growth trajectory of this industry means that
businesses are trying to set up shop as quickly as possible,”
Wheeler said. “There is only so much property available that is
suitable for the specific needs and regulations associated with
cannabusinesses. Demand is going to generate tremendous
opportunities in Nevada real estate that we plan to capitalize
on.”
TAYO has already built an impressive real estate portfolio in
oil-rich West Texas and has targeted timely new acquisitions in
Colorado and other emerging cannabis markets. The company’s real
estate division, Third Avenue Development, 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 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.
Taylor Consulting, Inc.Scott Wheeler, 713-840-6099President and
CEOinfo@tadcorp.com
Taylor Consulting (CE) (USOTC:TAYO)
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