TAYO Builds on Commercial Property Revenues

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HOUSTON--(BUSINESS WIRE)--

Taylor Consulting, Inc. TAYO announced today that it has closed on its latest profitable real estate transaction, nearly doubling its investment on a major commercial property near the city of Abilene, Texas. The West Texas town's consistently strong real estate market has paid handsome dividends for the company.

TAYO signed a contract to sell the multi-unit storage facility in the greater Abilene metro area last month. In addition to selling the property for almost twice what the company paid for it, TAYO also collected monthly revenue from the working property since its purchase last year.

"Our investments in Abilene and the surrounding region have been very fruitful for our company," said TAYO CEO Scott Wheeler.

Mr. Wheeler credits the region's robust economy, low cost of living, low violent crime rate and local colleges and universities for keeping real estate in demand in and around Abilene following the recent decline in oil prices.

"We continue to scout promising real estate opportunities there, and we expect to maintain our strong track record of revenue growth in the region," he said.

Through its real estate division, Third Avenue Development, TAYO is building a competitive portfolio of real estate assets for investment, rehabilitation and resale. The company is focused on acquiring properties in the most coveted 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 AMH, Silver Bay Realty Trust Corp. SBY, Equity Residential EQR, Essex Property Trust Inc. 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, 713-840-6099
President and CEO
info@tadcorp.com

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Posted In: Press Releases
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