US $20M EXIT OFFER FROM LEADING U.S. REAL ESTATE DEVELOPER In July 2019, Rock Creek West landowners voted to accept a US$20M exit offer from a leading U.S. real estate developer headquartered in Dallas, Texas. According to the terms of the option agreement, the purchaser is responsible for securing final approvals before undertaking…
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US $27M EXIT OFFER FROM U.S. NATIONAL HOMEBUILDER On July 4th 2019, landowners voted to accept a US$27M exit offer from one of the largest homebuilders in the United States. The purchaser has executed an option agreement whereby the property will be acquired in a series of phased takedowns, with landowners projected to receive US$27 million in…
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We are pleased to announce the opening of Walton’s first Middle East office in July 2019 to support our distribution partners and rapidly growing investor base throughout the GCC region. The new office is located in Dubai, the most populous city in the United Arab Emirates and the economic and financial hub of the Middle East. RAPID GROWTH IN…
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The Walton Group of Companies announced that, on 2nd January 2019, Neil Narfason, joined Walton Global as Chief Financial Officer. In this new role, Narfason will lead the Finance & Accounting group of Walton Global. As a senior member of the management team, Neil will play a vital role in helping to shape the future of the Walton Group of…
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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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