Walton Enters into Option Agreements with National Builders for $63.2 million in U.S. Land Funds

Walton Enters into Option Agreements with National Builders for $63.2 million in U.S. Land Funds

Jun 15, 2021

Walton is pleased to announce the results of the Special Meeting of Limited Partners held for Walton U.S. Land Fund 4, LP (USLF4) and Walton U.S. Land Fund 2, LP (USLF2).  The two separate meetings held in April 2021 resulted in approval of residential option agreements with national builders for an aggregate of approximately 1,235 acres with a value of $63.2 million, representing all or portions of the Rock Creek Ranch, Bellehaven and West Creek properties, in which USLF 4 owns an interest, and the Redwood Valley property, in which USLF2 owns an interest.  

Walton Acquires 34 Acres for Residential Development in Inland Empire, Riverside County

Walton Acquires 34 Acres for Residential Development in Inland Empire, Riverside County

Jun 9, 2021

Walton, a real estate investment and land asset management company with US$3.4 billion under management and administration has acquired 34 acres planned for residential development by a large national publicly traded homebuilder and has secured interest in the form of a letter of intent for the land. The property is located west of Hewitt Street and south of East Commonwealth Street in San Jacinto, Calif.

Westphalia Dev. Corp. Reports First Quarter 2021 Fiscal Results

Westphalia Dev. Corp. Reports First Quarter 2021 Fiscal Results

May 28, 2021

Westphalia Dev. Corp. (the “Corporation”) announced today its results for the first quarter ended March 31, 2021. Launched in March 2012, the Corporation acquired for development the 310-acre Westphalia Property (the “Property or the “Project”) located in Prince George’s County, Maryland, United States.

Arizona Firm Buys Las Vegas Parcel Slated for Future Homes

Arizona Firm Buys Las Vegas Parcel Slated for Future Homes

May 25, 2021

A residential land investor with holdings in the U.S. and Canada has ventured to Las Vegas as the housing market keeps accelerating. The firm, Walton, announced this month that it acquired a 17-acre tract in the southwest valley and that a “top national homebuilder” plans to develop 175 townhouses and single-family homes there.