Walton’s Westphalia Town Center Development Completes Refinancing Program

Walton’s Westphalia Town Center Development Completes Refinancing Program

CALGARY, Alberta–(BUSINESS WIRE)–Walton Westphalia Development Corporation (the “Corporation”) announced today that the refinancing (the “Refinancing”) of the Corporation’s debt relating to the Westphalia project (the “Project”), has been completed. Capitalized terms used in this news release and not defined herein have the meanings given to…

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Chunk of Westphalia in Prince George’s County to be sold

Chunk of Westphalia in Prince George’s County to be sold

The master developer behind the 310-acre Westphalia Town Center project in Prince George’s County has a deal to sell a healthy chunk of the property to a single buyer. Walton Westphalia Development Corp. announced late last month that it has entered into a conditional purchase and sale agreement “for a bulk sale of the Phase 1A lands.” Ed…

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2018 Tax Increment Financing Bonds Issued for Walton’s Westphalia Town Center Development

2018 Tax Increment Financing Bonds Issued for Walton’s Westphalia Town Center Development

CALGARY, Alberta–(BUSINESS WIRE)–Walton Westphalia Development Corporation (the “Corporation”) announced today that Prince George’s County Maryland issued $39,755,000 of its tax increment financing (TIF) bonds for public infrastructure projects in and around Westphalia Town Center. The bond sale proceeds are immediately available for the…

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WALTON BIG LAKE DEVELOPMENT L.P. REPORTS THIRD QUARTER 2018 FISCAL RESULTS

WALTON BIG LAKE DEVELOPMENT L.P. REPORTS THIRD QUARTER 2018 FISCAL RESULTS

CALGARY, Alberta — Walton Big Lake Development L.P. (the “Partnership”), and its general partner, Walton Big Lake Development Corporation (the “General Partner”), announced today the Partnership’s financial results for the third quarter of 2018. Launched in 2010, the Partnership owns a residential project in northwest Edmonton, Alberta. The…

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WALTON WESTPHALIA DEVELOPMENT CORPORATION REPORTS THIRD QUARTER 2018 FISCAL RESULTS

WALTON WESTPHALIA DEVELOPMENT CORPORATION REPORTS THIRD QUARTER 2018 FISCAL RESULTS

CALGARY, Alberta — Walton Westphalia Development Corporation (the “Corporation”) announced today its results for the third quarter of 2018. Launched in March 2012, the Corporation was formed to provide investors with the opportunity to participate in the acquisition and development of the 310-acre Westphalia Property (the “Property or the…

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WALTON INTERNATIONAL GROUP’S POSITIVE OUTLOOK ON THE U.S. HOUSING MARKET

WALTON INTERNATIONAL GROUP’S POSITIVE OUTLOOK ON THE U.S. HOUSING MARKET

SINGAPORE – Media OutReach – 27 November 2018 – “U.S. housing market is far from heading towards a housing bubble,” forecasts Walton International Group (“Walton”). The U.S. housing market is built on a solid foundation of sustainable and healthy growth and Walton predicts on-going demand for this sector. Doug Donald, Senior Vice President,…

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WALTON READIES PHASE 2 OF FORT WORTH MP

WALTON READIES PHASE 2 OF FORT WORTH MP

The Walton Group of Companies is nearing completion of Phase 2 construction including 233 single-family lots within the 1,031 single-family lots of the Chisholm Trail Ranch master-planned community in Fort Worth, Texas. Within a year after its construction and delivery of 169 single-family lots in Phase 1, the four home builders including…

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WHY THERE’S NO BUBBLE IN THE US HOUSING MARKET

WHY THERE’S NO BUBBLE IN THE US HOUSING MARKET

Today’s US housing market is built on a solid foundation of steady and healthy growth, according to Walton Global Investments. The real estate investment and development group predicts ongoing demand for this sector means it’s far from heading towards a housing bubble. Comparing the current US housing market with its performance in 2008, where…

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WALTON DEVELOPMENT MAPS OUT PHASE 2 AT D.C.-AREA MP

WALTON DEVELOPMENT MAPS OUT PHASE 2 AT D.C.-AREA MP

Walton Development and Management is nearing a sell-out on its initial phase and has initiated the next stage of construction on Canter Creek, a master-planned community in Upper Marlboro in Prince George’s County, Maryland. Walton contracted with NVR Inc. and Mid-Atlantic Builders for the purchase of the 106 single-family home sites in Phase…

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