PRINCE GEORGE’S COUNTY COUNCIL UNANIMOUSLY APPROVED THE TAX INCREMENT FINANCING (“TIF”) BOND ISSUANCE LEGISLATION FOR THE WESTPHALIA TOWN CENTER DEVELOPMENT

PRINCE GEORGE’S COUNTY COUNCIL UNANIMOUSLY APPROVED THE TAX INCREMENT FINANCING (“TIF”) BOND ISSUANCE LEGISLATION FOR THE WESTPHALIA TOWN CENTER DEVELOPMENT

CALGARY, Alberta–(BUSINESS WIRE)–On Tuesday, the Prince George’s County Council unanimously approved the tax increment financing (“TIF”) bond issuance legislation for the Westphalia Town Center development. This legislation authorizes the County Executive to issue up to $42 million of special obligation bonds of which up to $28.1 million will be…

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WALTON WESTPHALIA DEVELOPMENT CORPORATION SIGNS LETTER OF INTENT WITH BONAVENTURE REALTY GROUP TO DEVELOP WESTPHALIA TOWN CENTER APARTMENT SITE

WALTON WESTPHALIA DEVELOPMENT CORPORATION SIGNS LETTER OF INTENT WITH BONAVENTURE REALTY GROUP TO DEVELOP WESTPHALIA TOWN CENTER APARTMENT SITE

CALGARY, Alberta–(BUSINESS WIRE)–Walton Westphalia Development Corporation (the “Corporation”), the developer of Westphalia Town Center in Prince George’s County, Maryland announced today the signing of a Letter of Intent with Bonaventure Realty Group, LLC (“Bonaventure”) to construct and manage a 250-unit apartment project at Westphalia Town…

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WALTON WESTPHALIA DEVELOPMENT CORPORATION REPORTS 2016 Q3 FISCAL RESULTS

WALTON WESTPHALIA DEVELOPMENT CORPORATION REPORTS 2016 Q3 FISCAL RESULTS

CALGARY, Alberta–(BUSINESS WIRE)–Walton Westphalia Development Corporation (the “Corporation”) announced today its results for the third quarter of 2016. 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…

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WALTON ONTARIO LAND L.P. 1 REPORTS 2016 Q3 FISCAL RESULTS

WALTON ONTARIO LAND L.P. 1 REPORTS 2016 Q3 FISCAL RESULTS

CALGARY, Alberta–(BUSINESS WIRE)–Walton Ontario Land L.P. 1 (the “Partnership”) and its general partner Walton Ontario Land 1 Corporation (the “General Partner”) announced today the Partnership’s results for the third quarter of 2016. Launched in January 2010, the Partnership’s objective is to maximize returns to limited partners through the…

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WALTON EDGEMONT DEVELOPMENT CORPORATION REPORTS 2016 Q3 FISCAL RESULTS

WALTON EDGEMONT DEVELOPMENT CORPORATION REPORTS 2016 Q3 FISCAL RESULTS

CALGARY, Alberta–(BUSINESS WIRE)–Walton Edgemont Development Corporation (the “Corporation”) announced today its results for the third quarter of 2016. The Corporation was launched in 2011 to provide investors with the opportunity to participate in the acquisition and development of the approximately 201.5 acres comprising the “Edgemont”…

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WALTON BIG LAKE DEVELOPMENT L.P. REPORTS 2016 Q3 FISCAL RESULTS

WALTON BIG LAKE DEVELOPMENT L.P. REPORTS 2016 Q3 FISCAL RESULTS

CALGARY, Alberta–(BUSINESS WIRE)–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 2016. Launched in 2010, the Partnership owns a residential project in northwest Edmonton,…

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