Gross Sales and New Open Escrows Total More Than $1.27 Million
SAN DIEGO, Calif., Sept. 03, 2026 (GLOBE NEWSWIRE) — International Land Alliance, Inc. (OTCQB: ILAL) (“ILA,” “ILAL,” or the “Company”), a leading developer of residential and resort communities in Baja California, Mexico, today announced the sale of ten properties across its Rancho Costa Verde and Cabo Oasis developments. The transactions included seven residential lots, contracts for the construction of two homes, and one tiny home, generating total closed sales of $775,000 from July 1 to August 31. The Company also reported $500,000 in new open escrows.
“These sales reflect the momentum generated by our strategic land acquisition, expanded sales team, and increased sales and marketing efforts. This is already our strongest quarter of 2026, and we look forward to building on that momentum with our first Discovery Tour of the fall, scheduled for September 12,” said Frank Ingrande, President and CEO of International Land Alliance, Inc.
To date, the Company has sold more than 1,100 lots and has completed or commenced construction on more than 150 homes across its Rancho Costa Verde and Cabo Oasis communities. Management estimates that its current inventory of approximately 1,000 available homesites represents potential lot sales revenue of approximately $35 million, based on an assumed average sales price of $35,000 per lot. The Company also sees the potential for construction of up to 2,000 homes, representing approximately $700 million in potential construction revenue, based on an assumed average home sales price of $350,000 per residence. Actual development activity, sales volume, pricing, and revenue will depend on market conditions, regulatory approvals, infrastructure development, financing, and other factors.
About International Land Alliance, Inc.
International Land Alliance, Inc. (OTCQB: ILAL) is an international land investment and development company focused on acquiring attractive raw land, primarily in Northern Baja California and often within driving distance of Southern California. The Company develops residential communities designed for primary residences, vacation and second homes, retirement living, and real estate investment.
International Land Alliance combines real estate development with technology-driven marketing and sales strategies designed to provide prospective buyers with access to information about available properties, floor plans, community amenities, and ownership opportunities.
For additional information about International Land Alliance, please visit the Company’s corporate and investor relations websites.
For media inquiries, contact:
Investor Relations
jason@ila.company
(877) 661-4811
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This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
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The press release may include certain statements that are not descriptions of historical facts but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives, and other forward-looking terminology such as “may,” “expects,” “believes,” “anticipates,” “intends,” “projects,” or similar terms, variations of such terms or the negative of such terms. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions, which are subject to change. Accordingly, there can be no assurance that actual results will meet expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein.
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