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International Land Alliance Announces Closing To Acquire 300 Acres
Globenewswire· 2025-12-16 13:00
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]
International Land Alliance Reports Strong Sales Momentum and New Construction Milestones
Globenewswire· 2025-09-25 12:00
Core Insights - International Land Alliance, Inc. (ILAL) reported ongoing sales activity and construction progress at its Baja California communities, with 3 new homesite sales at Rancho Costa Verde and 2 at Cabo Oasis Resort [1] - The Cabo Oasis Resort, launched in Q3 2024, has 500 planned home sites, representing over $15 million in gross lot sales potential and approximately $125 million in potential construction revenue [2] - Rancho Costa Verde is a 1,100-acre community with over 1,000 residential lots sold and over 100 single-family homes built, with 50 currently under construction [3] - The company has achieved several construction milestones, including the delivery of two completed custom single-family homes and ongoing roadwork in the Cabo Oasis community [3] - Cabo Oasis features 500 acres of master-planned development with ocean views and resort amenities, designed for sustainable coastal living [4] - ILAL focuses on acquiring land and real estate assets in Northern Baja California and Southern California, aiming to provide accessible housing solutions through innovative design and technology [5] Company Overview - International Land Alliance, Inc. is a publicly traded real estate development company based in San Diego, California, dedicated to sustainable and socially responsible solutions [6] - The company utilizes proptech and construction tech to enhance its development processes and aims to build environmentally friendly communities for vacation, retirement, and investment buyers [6]