CALGARY, Alberta — Walton Westphalia Development Corporation (the “Corporation“) announced today that Prince George’s County Maryland issued $39,755,000 of its tax increment financing (TIF) bonds for public infrastructure projects in and around Westphalia Town Center. The bond sale proceeds are immediately available for the developer to design and…
Financial Post
CALGARY, Alberta–(BUSINESS WIRE)–Walton Westphalia Development Corporation (the “Corporation”) announced today that the refinancing (the “Refinancing”) of the Corporation’s debt relating to the Westphalia project (the “Project”), has been completed. Capitalized terms used in this news release and not defined herein have the meanings given to…
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The master developer behind the 310-acre Westphalia Town Center project in Prince George’s County has a deal to sell a healthy chunk of the property to a single buyer. Walton Westphalia Development Corp. announced late last month that it has entered into a conditional purchase and sale agreement “for a bulk sale of the Phase 1A lands.” Ed…
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CALGARY, Alberta–(BUSINESS WIRE)–Walton Westphalia Development Corporation (the “Corporation”) announced today that Prince George’s County Maryland issued $39,755,000 of its tax increment financing (TIF) bonds for public infrastructure projects in and around Westphalia Town Center. The bond sale proceeds are immediately available for the…
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CALGARY, Alberta — 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 2018. Launched in 2010, the Partnership owns a residential project in northwest Edmonton, Alberta. The…
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CALGARY, Alberta — Walton Westphalia Development Corporation (the “Corporation”) announced today its results for the third quarter of 2018. 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 “Property or the…
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