Walton Global Announces $30.9 Million in Distributions to Canadian Investors


Walton Global Announces $30.9 Million in Distributions to Canadian Investors

Associated Press Article

Yahoo Finance Article

Financial Post Article

Morningstar Article

Walton Global, a leading asset management and global real estate investment company, is pleased to announce a total of $30.9 million in distributions to investors within the Roll-Up Corporation, WIGI Restructured Bond Corporation, and McConachie Asset Management Corporation.

A significant distribution of $26,339,936 was approved on November 16th, 2023, by the Walton-managed Roll-Up Corporation (“RUC”). The distribution will be made in early December. This is RUC’s sixth dividend paid to its shareholders since the formation of the entity and its second distribution in 2023. This represents an aggregate of $183,899,573, or $2.71 per share, distributed to shareholders to date.

The distribution is a result of RUC’s continued success in the execution of its monetization strategy of land assets across North America. “The outlook for 2024 is anticipated to be successful in terms of exit activity and continued distributions to shareholders as we continue to execute the corporation’s strategy,” said Tony Deegan, Senior Vice President at Walton Global. “There is more than $164 million in projected exits between now and the end of next year.”

A second Walton-managed entity, WIGI Restructured Bond Corporation, has also approved a $3,700,000 distribution to investors. The distribution will be paid on or near December 21st, 2023. Consistent land transactions over the past number of years have led to an aggregate of $34,275,000 being distributed to investors since the formation of the entity in 2018.

Walton’s McConachie Asset Management Corporation has also just completed a distribution of $919,345 on bonds on November 15th, 2023. The corporation has made principal and interest payments totaling $66,658,157 to date. The McConachie Community is a residential development project in Edmonton, Alberta where Walton is the Project Manager. “The McConachie project is nearing completion, with the multi-family site, managed by Royal West Home, being the final stage of the development to be completed,” said Rob Nixon, Senior Vice President of Real Estate. “This has been an exciting project to work on over the years and we are looking forward to fully exiting this project for investors.”