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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 (OTCQB:ILAL) reported strong sales momentum from its RCV development, achieving approximately $300,000 from 10 new home site sales and over $600,000 from 3 new construction starts during its first sales tour of 2023.
Despite economic challenges, the firm emphasizes its position in the market, driven by increasing demand for affordable luxury housing and growing retirement demographics. Additionally, agent training initiatives aim to enhance the sales network at RCV, bolstering the company’s market presence.
International Land Alliance (OTCQB: ILAL) has acquired 100% of Rancho Costa Verde (RCV) for $13.5M, transitioning RCV to a wholly-owned subsidiary. The acquisition is expected to enhance profitability, with RCV's sales momentum recovering to pre-COVID levels, generating nearly $7M in revenue for 2022. Future sales opportunities include an estimated $6M from 200 lots and significant revenues from ongoing construction services. The company also plans to bolster its team and has initiated a mortgage division to provide financing for U.S. clients, addressing a key market need.
International Land Alliance (OTCQB: ILAL) announced the acquisition of a 75% interest in Rancho Costa Verde Development for $13.5 million, effective January 1, 2023. RCV, a master-planned community in Baja California, has sold over 1,000 residential lots and constructed 55 homes, with 34 more underway. In 2022, RCV generated approximately $2.2 million from lot sales and has contracts for an additional $4.5 million in home construction. Furthermore, RCV is expanding with a new parcel that could yield $6 million in lot sales and over $40 million in construction revenue.
International Land Alliance (OTCQB:ILAL) has announced the completion of Phase I of the Oasis Park Resort, a 497-acre master-planned community in Baja California, with potential gross sales exceeding $100M. Construction of 1,344 residential lots is underway, with 75 lots pre-sold. The firm expects to start home construction on pre-sold lots in Q1 2023 and aims for $30M in lot sales and $75M in construction revenue. Phase II will introduce a clubhouse and model homes, enhancing sales efforts.
International Land Alliance (OTCQB:ILAL) reported a strong close to 2022, achieving 10 new home site sales at its Rancho Costa Verde (RCV) development. This marks a return to pre-COVID sales levels, indicating robust demand. RCV, a master-planned community in Baja California, has sold over 1,000 lots, with 55 homes completed and 33 under construction. Looking ahead, the company anticipates a transformative 2023, with all projects actively selling and a significant acquisition pending for 75% of RCV Development.
International Land Alliance (OTCQB: ILAL) announced a new short-term vacation rental program at its Rancho Costa Verde (RCV) development, which aims to provide homeowners with additional revenue while capitalizing on existing demand. The program will utilize the hotel's established reservation system, with bookings starting January 2023. The RCV development has already sold over 1,000 lots and currently has 55 homes built and 32 under construction. The initiative complements the recent launch of a mortgage division, potentially accelerating performance.
International Land Alliance, Inc. (OTCQB: ILAL) will be featured on The RedChip Money Report on Bloomberg TV on November 12 at 7 p.m. ET. In this interview, President Frank Ingrande highlights the company's development projects in Northern Baja California and its new mortgage division initiative, targeting California's 40 million residents. This coverage aims to enhance visibility for ILAL among a potential investor audience, as Bloomberg TV reaches approximately 73 million households in the U.S.
International Land Alliance (OTCQB:ILAL) announced plans to acquire a 75% stake in Rancho Costa Verde Development for $13.5 million, payable through a new series of preferred stock. This acquisition follows a previous 25% investment in 2021. RCV is a profitable 1,100-acre community in Baja California with over 1,000 lots sold and significant ongoing construction, projecting potential revenues of up to $46.5 million from new developments. The acquisition is expected to close by November 3, 2022.
International Land Alliance (ILAL) has announced a partnership with RedChip Companies to enhance its investor relations efforts. The management team believes RedChip's strong reputation and extensive experience will help widen ILAL's investor base and effectively communicate its growth story. RedChip specializes in investor relations and multimedia marketing for small-cap stocks, aiming to capitalize on favorable market dynamics for increased investor value. This strategic move is seen as a step to elevate the company's visibility in the investment community.
International Land Alliance (ILAL) recently reported strong sales at its Rancho Costa Verde development, achieving $400,000 in gross sales from 10 residential lot sales and $750,000 through six new contracts as of September 25, 2022. The company anticipates a 50% growth projection with the establishment of a new finance division, aimed to cater to U.S. buyers lacking traditional mortgage options. According to President Frank Ingrande, the company is capitalizing on current market conditions with promising sales and a significant backlog of demand.
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