Walton Westphalia Development Corporation Reports Fiscal Year End and Fourth Quarter 2019 Fiscal Results

Walton Westphalia Development Corporation Reports Fiscal Year End and Fourth Quarter 2019 Fiscal Results

Walton Westphalia Development Corporation announced today its results for the fiscal year ended December 31, 2019, and for the fourth quarter of 2019. 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 located in Prince George’s County, Maryland, United States of America.

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WALTON CLOSES US$1.1M RESIDENTIAL LOT TRANSACTION IN ATLANTA REGION, GA – ARRIVAL OF NATIONAL HOMEBUILDER EXPECTED TO REINVIGORATE DEVELOPMENT

WALTON CLOSES US$1.1M RESIDENTIAL LOT TRANSACTION IN ATLANTA REGION, GA – ARRIVAL OF NATIONAL HOMEBUILDER EXPECTED TO REINVIGORATE DEVELOPMENT

On February 13, 2020, the Walton Group of Companies closed on a bulk sale of 28 residential lots at The Georgian, a residential master planned community and golf course development located 40 mins drive west of Atlanta in Paulding County, Georgia. The lots were purchased by the homebuilder D.R. Horton Inc. for US$1.1M. The original developer…

Press Release

Walton International Group’s Two-pronged Strategy to Benefit Investors

Walton International Group’s Two-pronged Strategy to Benefit Investors

Partners with Public-Listed Homebuilders in the U.S. and Launches a new Fund Singapore: 19 March 2020 – Walton International Group (“Walton”) announced a two-pronged strategy with the single over-arching objective of accelerating exit activity on its existing and new property acquisitions for the benefit of its investors. The strategy…

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WALTON GROUP EXECUTES OPTION AGREEMENT WITH A PUBLICLY TRADED HOMEBUILDER ON 141-ACRE PRE-DEVELOPMENT LAND IN UNION COUNTY, CHARLOTTE Press Release, 2020/03/18

WALTON GROUP EXECUTES OPTION AGREEMENT WITH A PUBLICLY TRADED HOMEBUILDER ON 141-ACRE PRE-DEVELOPMENT LAND IN UNION COUNTY, CHARLOTTE Press Release, 2020/03/18

USD 6.3 million in sales proceeds is anticipated to be distributed to pre-development land investors through 2021 – 2026.* In March 2020, landowners voted to approve the sale of a pre-development land parcel located at Union County, to a a publicly traded homebuilder in the United States. The purchaser has executed an option agreement whereby…

Press Release

Walton Westphalia Development Successfully Pays out Project Senior Lender

Walton Westphalia Development Successfully Pays out Project Senior Lender

CALGARY, Alberta–(BUSINESS WIRE)–Walton Westphalia Development Corporation (the “Corporation”) is pleased to announce that it has successfully repaid its senior lender in full. The balance, which was approximately US$16.3 million earlier this year, was paid from a combination of the proceeds of the sale of Phase 1A in January 2020 and cash on…

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