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About International Land Alliance, Inc. (ILAL)
International Land Alliance, Inc. (ILAL) is a San Diego-based residential land development company specializing in creating sustainable real estate solutions in the Baja California Norte region of Mexico. Founded in 2013, the company focuses on acquiring raw land, subdividing it into residential and commercial lots, and offering these properties to a diverse clientele, including homebuyers, retirees, investors, and commercial developers. By leveraging innovative construction technologies and eco-friendly practices, ILAL aims to meet the growing demand for sustainable and affordable housing solutions near Southern California.
Core Business Operations
The company’s primary operations revolve around purchasing undeveloped land, transforming it into master-planned communities, and selling the subdivided lots. ILAL also provides financing options to buyers, making property ownership more accessible. Its developments often include amenities such as boutique hotels, clubhouses, and beachfront properties, enhancing the value proposition for buyers. The company's flagship projects, such as Rancho Costa Verde and Oasis Park Resort, exemplify its commitment to creating vibrant, sustainable communities.
Focus on Sustainability
ILAL integrates environmentally sustainable practices into its real estate development processes. From utilizing advanced construction technologies to incorporating renewable energy solutions, the company prioritizes reducing its environmental footprint. This focus not only aligns with global sustainability trends but also enhances the appeal of its properties to eco-conscious buyers and investors.
Market Position and Competitive Landscape
Operating in the niche market of Baja California real estate, ILAL capitalizes on the region's proximity to Southern California and its appeal as a retirement and investment destination. The company differentiates itself through its commitment to sustainability and the use of cutting-edge technologies in property development. While it faces competition from other regional and international developers, ILAL’s focus on eco-friendly practices and innovative construction methods positions it as a unique player in the market.
Value Proposition
ILAL offers a compelling value proposition by combining affordability, sustainability, and innovation. Its properties cater to a wide range of buyers, from retirees seeking a peaceful community to investors looking for lucrative opportunities in a growing market. By integrating modern amenities and sustainable practices, ILAL ensures long-term value for its stakeholders.
International Land Alliance (ILAL) reported significant sales achievements for May 2024.
Highlights include home site sales at Rancho Costa Verde totaling $500,000, completed home sales of $580,000, $900,000 in new home construction contracts, and $400,000 in home site sales at Oasis Park Resort.
ILAL credits digital media marketing initiatives launched early in the year for driving sales growth. The recent acquisition of Rancho Costa Verde Development has facilitated home site sales to the public at Oasis Park Resort for the first time.
The company expects financial statements to more accurately reflect closed sales volumes due to changes in revenue recognition.
International Land Alliance, Inc. (OTCQB: ILAL) has established a real estate office in Monterrey, Mexico with Shawn Casias Real Estate Group to market real estate products in Baja California. This move aims to expand sales to Mexico, increase shareholder value, and leverage the experience of R-MAC Properties in the real estate market.
International Land Alliance (OTCQB:ILAL) has announced the execution of its first construction financing contract for a custom single-family home at its Rancho Costa Verde (RCV) development in Baja California. The company is raising $5 million to launch a new mortgage division through preferred stock issuance. Funds will mainly be used for financing loans related to their real estate offerings. RCV has successfully sold over 1,000 residential lots, constructed 55 homes, and has 38 more under construction, contributing to a backlog of demand for financing. The company anticipates generating over $200 million from construction services, with higher profit margins expected from ongoing home construction.
International Land Alliance, Inc. (OTCQB:ILAL) reported record revenues for January 2023, exceeding $1.3 million, marking the best January in company history. This figure significantly contrasts with the $9,000 reported for Q1 2022. CEO Roberto Valdez highlighted the impact of new executives on sales and marketing strategies. Notable sales included 13 homesites at Rancho Costa Verde for $435,000 and 3 new homes at the same location for $600,000. The company has substantial remaining inventory, including 200 homesites for projected sales of $6 million and an additional parcel expected to add $6 million in gross lot sales.