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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.