Tianrong Medical Group Inc. (OTC: TNMD) Signs Letter of Intent to Acquire Oceanfront Parcel in Belize for Resort Development
Tianrong Medical Group Inc. (OTCID:TNMD) (the "Company"), which will be transitioning into a tokenized, publicly-traded real estate investment trust (REIT), is pleased to announce that it has entered into a Letter of Intent ("LOI") to acquire a prime oceanfront parcel located in Hopkins Village, Stann Creek District, Belize.
The parcel will serve as the planned site for the Company's flagship resort development. Under the terms of the LOI, the seller, Leonarda Nicolasa Ventura, has agreed to convey the property to Tianrong Medical Group Inc. at current market value. Closing is anticipated within the next few weeks as a final definitive agreement is produced and executed.
Hopkins Village, where the property is located, is known as one of Belize's premier cultural and eco-tourism destinations. Nestled along the Caribbean Sea, the village offers direct access to the Belize Barrier Reef - the second-largest in the world - as well as proximity to lush rainforests, Garifuna cultural heritage, and eco-adventure attractions. With Belize tourism experiencing steady growth and increased accessibility from U.S. and Canadian markets, the Company believes this oceanfront parcel represents a highly strategic entry point into the Central American hospitality sector.
"This marks a significant milestone as we launch the first acquisition to be transformed into a revenue-generating resort," said Curtis Philpot, CEO of Tianrong Medical Group Inc. "The Belize oceanfront resort will not only serve as a cornerstone asset for our portfolio but also demonstrate our commitment to building long-term shareholder value through strategic real estate development and investment."
Additional details regarding the transaction and development plans will be released as they become available.
About Tianrong Medical Group Inc. (OTC: TNMD)
Tianrong Medical Group Inc. is a publicly traded real estate investment trust (REIT) focused on acquiring, developing, and managing a diversified portfolio of income-producing and high-growth real estate assets. The Company's investment strategy targets five primary sectors: hospitality, residential, commercial, industrial, and sustainable development projects.
Through its REIT structure, Tianrong Medical Group Inc. aims to deliver long-term value for shareholders by combining strategic acquisitions with innovative development opportunities, including resort destinations, multi-family housing, and green real estate initiatives. The Company's mission is to build a resilient and scalable portfolio that generates consistent returns while supporting sustainable and community-focused growth.
What is Real Estate Tokenization?
At its core, tokenization is the process of converting the rights to a real-world asset - in this case, a property - into digital tokens that exist on a blockchain.
Think of it like this: instead of one person or a small group owning a large commercial building, tokenization allows that single property to be digitally divided into thousands of "shares" or tokens. Each token represents a fractional ownership stake in the property. Whoever owns a token owns a piece of the real estate.
It's crucial to understand that the tokens themselves don't legally hold the property. Instead, the physical property is first placed into a traditional legal structure, like an LLC or a trust. The digital tokens then represent ownership or economic rights within that legal entity. The blockchain simply acts as a secure, transparent, and immutable ledger that tracks who owns which tokens at all times.
Our vision is to merge the proven, income-generating power of traditional real estate with the efficiency, liquidity, and accessibility of blockchain technology. We are building a portfolio of high-quality, tangible assets with the ultimate goal of becoming one of the first tokenized Real Estate Investment Trusts (REITs).
By doing so, we aim to provide our shareholders with a clear and reliable vehicle to participate in the next generation of real estate investment. We are committed to building the operational and regulatory framework necessary to turn this powerful vision into a reality.
