HOUSTON--Taylor Consulting Inc. (TAYO) announced plans today to expand its commercial real estate portfolio, aiming to court some of the same investors fueling the rise of the REITs.
“2014 was an extraordinary year for REITs,” TAYO CEO Scott Wheeler said in a news release. “The fundamentals that generated those exceptional returns are likely to remain strong this year. We think that our company can capitalize on those fundamentals by expanding our portfolio to include more commercial properties, especially in gateway cities like Houston where foreign investment capital tends to be focused.
Last year, the firm formed a real estate division, Third Avenue Development, and has built a diversified portfolio of properties. In 2015, reps with the company say they will focus on adding more agricultural and commercial assets across a number of markets.
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