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International Land Alliance Reports Q4 Sales at Rancho Costa Verde and Oasis Park
Globenewswire· 2025-11-25 13:00
Core Insights - International Land Alliance, Inc. (ILAL) reported a sales volume exceeding $1,250,000 in Q4 2025, marking it as the best quarter of the year, primarily driven by land sales and construction revenue at Rancho Costa Verde and Cabo Oasis Park [1] Financial Performance - The company achieved significant sales growth, with Q4 sales volume surpassing $1,250,000, indicating strong demand and operational efficiency [1] - A $50 million financing facility was secured to enhance sales and marketing initiatives, including agent recruitment and a pending acquisition of 300 acres [2] Strategic Initiatives - The company has streamlined operations and optimized its sales and marketing cost structure to enhance sales and increase margins [2] - The acquisition of 300 acres is subdivided into 8 parcels, which includes 300 residential homesites, 12 existing casitas, and 2 completed beachfront homes, potentially supporting over $12 million in future land sales and more than $90 million in construction revenue [2] Market Positioning - ILAL aims to enter 2025 as a leaner and more efficient business, focusing on sustained profitability with a diverse inventory, pricing, and amenities to attract a wide range of buyers [3] - The company is dedicated to providing accessible housing solutions through innovative design and technology, building environmentally friendly communities for various buyer segments [4][5]
International Land Alliance Announces Acquisition
Globenewswire· 2025-10-06 12:00
Core Insights - International Land Alliance, Inc. has executed a binding purchase agreement to acquire 300 acres of land adjacent to its Rancho Costa Verde development, with projected gross land sales exceeding $12 million and construction revenues over $90 million [1][2]. Group 1: Company Overview - International Land Alliance, Inc. is a publicly traded real estate development company focused on acquiring land and real estate assets in Northern Baja California and Southern California [3]. - The company aims to provide accessible housing solutions through innovative design and technology, building environmentally friendly communities for vacation, retirement, and investment buyers [3][4]. Group 2: Development Projects - Rancho Costa Verde is a master-planned community spanning 1,100 acres with 1,200 lots, located approximately eight kilometers north of the Cabo Oasis Resort [2]. - To date, 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]. Group 3: Strategic Focus - The company emphasizes land acquisition as a high priority to enhance shareholder value, particularly in light of housing shortages and affordability issues in California [2]. - The company plans to start selling beachfront homesites immediately while upgrading existing casitas and homes, as well as adding new homesites to its inventory [2].