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) delivers innovative residential land development solutions in Baja California, combining sustainable practices with prop-tech advancements. This news hub provides investors and stakeholders with essential updates on the company's strategic initiatives and market position.
Access real-time announcements including quarterly earnings, partnership developments, and sustainability milestones. Our curated collection ensures you stay informed about ILAL's land acquisition strategies, community projects, and regulatory compliance efforts.
Discover comprehensive coverage of:
• Financial disclosures and SEC filings
• Land development progress in Northern Mexico
• Eco-friendly construction initiatives
• Strategic alliances with technology partners
Bookmark this page for verified updates directly from corporate communications and trusted financial sources. For comprehensive analysis of ILAL's market performance, consult our quarterly reports section regularly.
International Land Alliance, Inc. (OTCQB: ILAL) has signed a Letter of Intent (LOI) to acquire two land parcels in Rosarito Beach, Mexico, totaling about 32 acres, valued at approximately $6 million. The transaction involves an existing project of 450 homesites along the Pacific Ocean, with average sales of $50,000 per residential lot. The acquisition is expected to enhance ILA’s operations in the Tijuana-Ensenada corridor, improving sales and marketing for existing properties. Closing is anticipated within 45 to 60 days.
International Land Alliance (OTCQB: ILAL) has announced the Grand Opening of its Merlot model home at the Plaza Bajamar community set for April 17, 2021. This marks a significant milestone for the 80-unit development, which is located within the renowned Bajamar Ocean Front Hotel and Golf Resort. The model features two bedrooms, two baths, and rooftop ocean views, with pricing starting at $189,000. Additionally, the company secured a $500 million investment for the Bajamar Beverly project, anticipated to break ground in Q3 of 2021, boosting local economic growth.
International Land Alliance (OTCQB: ILAL) has initiated site preparation for a second Merlot model home in its 80-unit Plaza Bajamar community. This residence features two bedrooms, two baths, and a rooftop terrace with ocean views, priced starting at $189,000. The company has also secured a $500,000 bridge loan, primarily for infrastructure development. CEO Roberto Valdes emphasized the importance of this financing in strengthening their balance sheet while planning to repay the loan fully to keep projects unencumbered.
International Land Alliance (OTCQB: ILAL) has commenced the second construction phase of its eco-friendly Valle Divino project in Ensenada, Baja California, which includes engineering and site preparation for 184 model homes. Residential lots start at $49,000, and solar-powered homes at $89,000. The project, strategically located near the Guadalupe Valley, aims to meet the rising demand for sustainable real estate. Valle Divino will consist of 650 homesites, with the first construction phase completed in January 2021.
International Land Alliance (OTCQB: ILAL) has partnered with MZ Group to enhance its investor relations and financial communication strategy. The collaboration aims to increase visibility in the investment community, showcasing ILA's focus on acquiring and developing sustainable properties in Northern Baja California, Mexico. Notable projects include the Plaza Bajamar community with 2,000 planned units featuring eco-friendly technologies. MZ Group's expertise in investor relations will facilitate roadshows and social media outreach to attract more investors amidst rising demand for real estate in Mexico.
International Land Alliance (OTCQB: ILAL) announced a sales and marketing partnership with Baja 123 Real Estate for its Plaza Bajamar development. Baja 123, based in Rosarito Beach, is affiliated with eXp Realty, which operates in multiple countries. The Plaza Bajamar community features 22 homes with amenities like a pool and fitness center, starting at $189,000. This collaboration is expected to leverage advanced technology for real estate sales, aligning with ILAL's focus on sustainable and socially responsible solutions in property development.
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.
