Walton Makes First Deferred Payment to Investors in their Verano LAD Financing Project

Walton Makes First Deferred Payment to Investors in their Verano LAD Financing Project

Jun 28, 2021

Walton is excited to announce its first deferred payment to investors in the Verano LAD financing project that will be made on June 29, 2021. The payment is being made because of 6 home closings made by D.R. Horton, the largest homebuilder by volume in the U.S., within the Verano master planned community – the marketing name is Cielo Place at Verano. The community is located at the northwest corner of Verano Road and Rio Vista Drive in Cathedral City, Calif.

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.