International Land Alliance Announces Closing To Acquire 300 Acres

Core Insights - International Land Alliance, Inc. has acquired 300 acres of land adjacent to its Rancho Costa Verde development, which is expected to generate over $12 million in gross land sales and more than $90 million in construction revenues [1][2] Group 1: Acquisition Details - The newly acquired land is subdivided into 7 parcels, including approximately 300 residential homesites, 12 existing Tiny Homes, and 2 completed homes [1] - This acquisition expands the Rancho Costa Verde community to 1,400 acres with around 1,500 home sites [2] Group 2: Community Development - Rancho Costa Verde has sold over 1,000 residential lots and constructed over 100 single-family homes, with an additional 50 homes currently under construction [2] - The community also features a completed boutique hotel and clubhouse, enhancing its appeal as a vacation and investment destination [2] Group 3: Future Plans - The company has an interest list for nearly ten beachfront homesites and plans to introduce a Tiny Home offering at Rancho Costa Verde, including a site for a Boxable mobile Tiny Home option [2] - The company focuses on sustainable and socially responsible housing solutions, utilizing advanced proptech and construction tech [3]