In January 2020 scheduled interest payments were made to Asia based lenders of two development projects managed by Walton Development & Management (USA), Inc. in Prince George’s County, Maryland. The two projects, Westphalia Town Center – a large mixed use development and Canter Creek – a single family residential development, have delivered a…
Press Release
HONG KONG, Feb. 7, 2020 /PRNewswire/ — Walton International Group, a North America based real estate investment and land asset management company, offers global investors a distinct opportunity to diversify their investment portfolios with land investments, specifically pre-development land and builder option land developments (“BOLD”). North…
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Walton has announced that it will be moving its North American headquarters to Phoenix, Arizona, U.S.A., over the course of this year. This is part of a strategic plan and the Walton pivot that focuses on opportunities in the United States. The transfer of the Corporate head office will ensure Walton’s attention to the growth and…
Press Release
The Walton Westphalia Development Corp. has sold a piece of its 310-acre development site in Prince George’s County, enabling it pay down a substantial portion of the debt it took out to advance the long-planned project. An affiliate of the company sold the 58-acre property known as Phase 1A, slated for roughly 655 residential units, for about…
Washington Business Journal
CALGARY, Alberta–(BUSINESS WIRE)–Walton Westphalia Development Corporation (the “Corporation”) announces that 58.02 acres of land in Phase 1A of the Westphalia property project (“Phase 1A”) has been sold by the project owners in a bulk sale to Galaxy NC, LLC (“Galaxy”) for US$14,150,000, which land will be used for the next phase of residential…
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Subdivision would have about 900 homes; other projects could follow. The new owner of the 245-acre Lee Farm property in northwest Loveland is reviving plans to build 900 homes, coordinating with other developers to build a water pump station that could unlock the development of 2,000 to 3,000 homes in the area. Last month, Phoenix-based…
Loveland Reporter Herald
Walton Global is in talks with an unidentified home builder for a community in Loveland of approximately 900 homes. Walton Global Holdings Ltd., a real estate investment and land asset company, has acquired the 245-acre Lee Farms property located at 4300 Wilson Ave. in Loveland, Colo. The pre-developed land is slated for a single-family…
Builder Online
PHOENIX–(BUSINESS WIRE)–Walton Global Holdings Ltd. and its affiliates (collectively Walton), a real estate investment and land asset company with US$3.8 billion under management and administration, has…
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CALGARY, Alberta – Walton Westphalia Development Corporation (the “Corporation”) announces that it has successfully negotiated an extension to the terms of the non-revolving, US$27,000,000 senior loan agreement (the “New Senior Loan”), originally entered into on November 30, 2018, between the third party lender (the “Senior Lender”),and Walton…
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If you’re looking for a new or nearly new move-in ready house in a walkable neighborhood, you may think your budget needs to be more than $400,000. While you may not find a house with the space you want and those community amenities in the District, nearby Prince George’s County in Maryland may offer what you have in mind. The median sales price…
The Washington Post
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