Welcome to our dedicated page for International La news (Ticker: ILAL), a resource for investors and traders seeking the latest updates and insights on International La stock.
International Land Alliance, Inc. (ILAL) generates a steady flow of news as an international land investment and real estate development firm focused on Northern Baja California and Southern California. Its updates frequently center on master-planned communities such as Rancho Costa Verde on the Sea of Cortez, the Cabo Oasis beachfront development in San Felipe, and the Valle Divino vineyard community in Baja’s wine country.
News coverage for ILAL often highlights land acquisitions, project expansions, and sales milestones at these communities. Recent announcements have described the execution and closing of agreements to acquire hundreds of acres of land and structures adjacent to Rancho Costa Verde, including residential homesites, existing casitas or tiny homes, and completed houses. The company’s releases also discuss sales volumes at Rancho Costa Verde and Cabo Oasis, noting land sales and construction revenue associated with these projects.
Another recurring theme in ILAL news is the introduction and expansion of tiny home offerings. The company has announced Tesla-powered tiny homes and BOXABL-branded units as part of its Cabo Oasis and Rancho Costa Verde communities, emphasizing solar power, smart home integration, and off-grid capability. Updates also cover new rental phases at Cabo Oasis, including plans for rental homes intended to create recurring rental revenue and management fees.
On the corporate side, International Land Alliance issues news about financing facilities, such as an up to $50 million institutional financing arrangement, and agreements to provide real estate services that are expected to generate long-term revenue. The company also reports on audited financial statements, record revenues in recent fiscal periods, and its stated goal of pursuing an uplisting to the Nasdaq stock exchange. For investors and observers, ILAL news provides insight into the progress of its Baja California developments, its financing activities, and its sustainability-focused housing initiatives.
International Land Alliance (OTCQB: ILAL) has announced a sales and marketing collaboration with Baja 123 Real Estate for its Plaza Bajamar development. Baja 123, a tech-driven real estate company, operates under eXp Mexico, part of eXp World Holdings (Nasdaq: EXPI). The collaboration aims to enhance marketing efforts for the Plaza Bajamar community, featuring 22 homes priced from $189,000. The development offers various amenities and scenic views, with a new website launching soon to promote it and showcase joint marketing materials.
International Land Alliance (OTCQB:ILAL) has finalized a Joint Venture with a California hemp grower to establish a commercial hemp operation on 40 acres in Southern California.
The project is set to begin immediately following the receipt of hemp grower registration approval from Riverside County. The Company will own 50% of the Joint Venture while the Grower will contribute capital, equipment, and expertise. This initiative aims to optimize the use of two vacant 20-acre parcels acquired in 2019.
International Land Alliance (OTCQB: ILAL) has engaged p2klabs, a subsidiary of CleanSpark (NASDAQ: CLSK), for marketing and design services. The partnership aims to enhance branding and property technology for ILAL's developments in Baja California, Mexico. This collaboration comes as ILAL prepares to mass market several residential resort communities, including Costa Bajamar and Oasis Park Resort, targeting Mexican-Americans and retirees. This initiative is expected to improve customer experience and benefit shareholders by driving more traffic to affordable living options.
International Land Alliance (OTCQB: ILAL) has commenced construction on a model home at The Plaza at Bajamar, featuring 80 homes in a master-planned community near the Bajamar Ocean Front Hotel and Golf Resort.
The first phase includes 29 detached villas starting at $134,900, with financing options available. The company has received 5 reservations this week, requiring closing within 30 days. Amenities will include a pool and wellness center. The completed homes will be delivered in 12 months.