CALGARY - (Business Wire) Walton International Group Inc. announced today the successful completion of unit placements in Walton GA Arcade Meadows Limited Partnership 1. Walton GA Arcade Meadows Limited Partnership 1 attained a final closing on April 28, 2009, and involves USD $28,079,780 invested directly or indirectly by 1,109 investors. The property is part of a master planned community informally known as Arcade Meadows.
Arcade Meadows is strategically located on U.S. Highway 129, the federal highway that connects Atlanta to Athens, Georgia and a major commercial thoroughfare. Situated in the City of Arcade, in Jackson County, Georgia, the property is close to access routes and near the city of Athens, home of the University of Georgia.
Walton has been researching and participating in North American real estate investment markets for thirty years, and identifying strategic land in Georgia for several years. Georgia has long been one of the USA’s strongest economic growth regions, and is expected to continue being so in the future, given Georgia’s long-term fundamentals in employment, population, economics, and housing affordability.
This announcement is the first of a pair Georgia land projects completely syndicated by Walton and its affiliates this spring, and brings to seven the number of completed land syndications in Texas, Arizona, Georgia and Ontario announced by Walton so far in 2009. This closing follows announcements of completed land syndications for the Ottawa Region Limited Partnership, Camino Real Phase 1, Walton AZ Toltec LP/LLC, Phoenix Sawtooth View 1, Walton Bluff Springs Land, LP and Walton AZ Silver Reef LP 3 projects.
About Walton: Walton International Group Inc. and the other members of the Walton group of companies constitute one of North America's leading land-based real estate investment groups. Over the past 30 years, Walton firms have acquired more than 49,600 acres of quality land strategically located in the development path of some of North America's leading urban growth areas. Walton companies are innovative leaders in the research, selection, acquisition, syndication, planning, development management and sale of land, having to date syndicated over USD $1.8 billion of land (CAD $2.1 billion) in Alberta, Ontario, Arizona, Texas and Georgia with over 54,700 investors and clients.
For more information, please visit www.waltoninternational.com
Walton
Rita Mezzanotte, +1-647-826-1356
Mobile: +1-647-308-5549
rmezzanotte@waltoninternational.com
