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International Land Alliance Secures up to $50 Million in Institutional Financing and Enters Agreement to Provide Expert Real Estate Services
Globenewswire· 2025-11-21 16:15
Core Viewpoint - International Land Alliance, Inc. has secured a financing facility of up to $50 million, marking a significant capital commitment to advance its strategic growth and operations [1] Group 1: Financing and Expansion Plans - The company plans to use the net proceeds to acquire 300 acres of land adjacent to its Rancho Costa Verde development, which includes 300 residential homesites, 12 existing casitas, and 2 completed beachfront homes [2] - This expansion is projected to support over $12 million in future land sales and more than $90 million in construction revenue, enhancing the long-term growth potential of the Rancho Costa Verde community [2][3] - The financing will also support acquisitions, joint ventures, project expansions, and serve as a strategic reserve for long-term growth opportunities [3] Group 2: Strategic Partnerships and Revenue Generation - ILAL has entered into an agreement to provide real estate services for the investor's properties, which will generate long-term revenue to fund day-to-day operations [2][3] - The CEO of ILAL emphasized that the financing provides momentum to expand one of their most successful projects and allows the company to leverage its real estate expertise for additional revenue [3] Group 3: Company Overview - International Land Alliance, Inc. focuses on acquiring desirable land and real estate assets in Northern Baja California and Southern California, aiming to provide accessible housing solutions through innovative design and technology [5] - The company is committed to building environmentally friendly communities for vacation, retirement, and investment buyers [5][6]