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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) announced plans to raise $5 million through a Reg D 506(c) securities offering. The company aims to use the funds to streamline property sales and enhance shareholder value by financing real estate purchases in Mexico. President Frank Ingrande highlighted that this initiative seeks to ease financing for American buyers, addressing a long-standing barrier to property acquisition in the region. The offering price is set at $100 per share, open to accredited investors only.
International Land Alliance (OTCQB: ILAL) has announced an update on its acquisition of a 75% interest in Rancho Costa Verde Development (RCV) for $13.5 million, to be paid in preferred stock. Following a successful initial investment of 25% in early 2021, the Company is set to close the transaction by the end of September 2022. RCV, a profitable developer in Baja California, has sold over 1,000 lots, generating $2 million in sales in the first half of 2022 and expects future revenues of $46 million from new developments.
International Land Alliance, Inc. (OTCQB: ILAL) has commenced construction on two villas at the Plaza Bajamar community following a successful deposit collection of $5,000 per unit. The 'Merlot' villas, priced at $239,000 and $229,000, have initiated construction with a 20% down payment. This development is part of an 80-unit project within the Bajamar Ocean Front Golf Resort, featuring amenities like a pool and wellness center. The company aims to provide sustainable living options in Northern Baja California.
International Land Alliance (OTCQB: ILAL) announced the listing of its 20-acre event venue in the Emerald Grove development, acquired for $1.1M in 2019. The company previously sold a 20-acre parcel for $630,000 and is subdividing 40 acres into residential lots. Current median prices for 5-acre lots in the area are $250,000. CFO Jason Sunstein highlighted that leveraging the real estate market's record prices offers a non-dilutive funding source, bolstering core business operations and marketing in Baja California developments.
International Land Alliance (OTCQB: ILAL) announced its collaboration with ResortCom International, enhancing property management services for its developments. With over 1,000 owners at Rancho Costa Verde, the partnership aims to optimize customer service and revenue as ILA launches its fourth master-planned community, Oasis Park Resort, featuring 1,300 homesites. ResortCom's comprehensive software and services support ILA's focus on construction and marketing, facilitating scalable management across properties.
International Land Alliance (OTCQB: ILAL) has secured six sales contracts for residential lots at the Valle Divino community, following a successful Open House event. Located in Baja California, this eco-friendly development features vineyard properties and renewable energy solutions. Residential lots start at $45,000, with completed homes priced from $119,000 to $139,000. The company anticipates over $80 million in gross sales from all phases, targeting a total of 650 homes. The growth is seen as a strong indicator of demand for affordable luxury housing in the region.
International Land Alliance (OTCQB: ILAL) has announced the execution of a Binding Letter of Intent to acquire the remaining 75% interest in Rancho Costa Verde Development, LLC for $13.5 million through a new series of preferred stock. ILA previously acquired a 25% stake in RCV in early 2021. RCV is developing a 1,100-acre, 1,400-lot community in Baja California. The definitive agreement is expected by August 15, 2022, enhancing ILA's strategic focus on land investment in Northern Baja California.
International Land Alliance (OTCQB: ILAL) has shared a shareholder letter highlighting its significant milestones and future plans, particularly in Northern Baja California. The company has initiated sales at its Plaza at Baja Mar project and anticipates additional grand openings in 2022. Over 900 homesites have been sold at Rancho Costa Verde, with 50 homes completed and 26 under construction. The company secured $2 million for development, positioning itself strongly in a growing market.
International Land Alliance (OTCQB: ILAL) announced over $1 million in sales contracts for its Plaza Bajamar project. The company secured five contracts for the 'Merlot' villas, with a $5,000 deposit per unit and a 20% down payment due within 30 days. This 80-unit development, located near San Diego, offers affordable luxury housing, starting at $239,000. With current high median home prices in San Diego around $770,000, demand for these units is strong. The company emphasizes sustainable construction with solar packages planned.
International Land Alliance, Inc. (OTCQB: ILAL) announces the grand opening of its $20 million Plaza Bajamar project on April 2, 2022. The 80-unit community, located near the Bajamar Ocean Front Golf Resort, aims to meet the demand for affordable luxury housing just south of San Diego. The initial phase will feature 22 'Merlot' homes starting at $199,000, designed with sustainable construction and modern amenities. The project highlights include direct ocean access and a focus on environmentally friendly development. Strong pre-sales indicate positive market interest.
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