The Walton Westphalia Development Corp. has sold a piece of its 310-acre development site in Prince George’s County, enabling it pay down a substantial portion of the debt it took out to advance the long-planned project. An affiliate of the company sold the 58-acre property known as Phase 1A, slated for roughly 655 residential units, for about…
Washington Business Journal
CALGARY, Alberta–(BUSINESS WIRE)–Walton Westphalia Development Corporation (the “Corporation”) announces that 58.02 acres of land in Phase 1A of the Westphalia property project (“Phase 1A”) has been sold by the project owners in a bulk sale to Galaxy NC, LLC (“Galaxy”) for US$14,150,000, which land will be used for the next phase of residential…
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Subdivision would have about 900 homes; other projects could follow. The new owner of the 245-acre Lee Farm property in northwest Loveland is reviving plans to build 900 homes, coordinating with other developers to build a water pump station that could unlock the development of 2,000 to 3,000 homes in the area. Last month, Phoenix-based…
Loveland Reporter Herald
Walton Global is in talks with an unidentified home builder for a community in Loveland of approximately 900 homes. Walton Global Holdings Ltd., a real estate investment and land asset company, has acquired the 245-acre Lee Farms property located at 4300 Wilson Ave. in Loveland, Colo. The pre-developed land is slated for a single-family…
Builder Online
PHOENIX–(BUSINESS WIRE)–Walton Global Holdings Ltd. and its affiliates (collectively Walton), a real estate investment and land asset company with US$3.8 billion under management and administration, has…
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CALGARY, Alberta – Walton Westphalia Development Corporation (the “Corporation”) announces that it has successfully negotiated an extension to the terms of the non-revolving, US$27,000,000 senior loan agreement (the “New Senior Loan”), originally entered into on November 30, 2018, between the third party lender (the “Senior Lender”),and Walton…
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