International La - ILAL STOCK NEWS

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, Inc. (ILAL) announces the opening of a new clubhouse and beachfront boutique hotel at Oasis Park Resort. The company focuses on sustainable real estate development in San Felipe, Baja California, emphasizing innovation and eco-friendly solutions. ILAL's commitment to cutting-edge technologies positions it as a leader in the real estate energy sector. The projected revenue from lot sales and construction is significant, indicating strong growth potential.

International Land Alliance, Inc. (ILAL) reported first sales event revenues of $617,000 at Rancho Costa Verde, with six homesite sales, one finished home sale, and plans for the construction of two new homes. President Frank Ingrande expressed optimism for continued sales growth and noted the strategic pivots implemented to attract new customers. Additionally, ILAL announced its first pending beachfront home site sale at Oasis Park Resort.

International Land Alliance, Inc. (OTCQB:ILAL) reported over $1.3M in total home site and construction revenue for the month of December. The company announced new home construction contracts of $1,180,000 and $200,000 in homesite sales at its Rancho Costa Verde development, a profitable 1,100-acre, 1,200-lot master planned community in Baja California.

International Land Alliance, Inc. (ILAL) has announced the incorporation of state-of-the-art technology in its second phase of development at the Rancho Costa Verde in San Felipe, Baja California, Mexico. The green master planned community is approved with solar as the sole source of electricity and individual wastewater treatment systems per home. The use of lithium battery technology and Starlink as an internet provider allows for off-grid self-sustained homes with modern conveniences.

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.