Walton Distributes Funds to Southfork LP Investors
Walton land project near Leduc, Alberta has generated compound annual investment return of 13%
Calgary, Alberta (PRWEB) June 2, 2009 -- Walton International Group Inc. is pleased to announce the distribution of funds to investors in Walton's Southfork Limited Partnership.
Walton has distributed a further $1,023,813 to Southfork limited partners as of the record date of April 15, 2009.
This is the third distribution to investors in Southfork, one in a series of Walton land-based real estate investment partnerships. This distribution brings the cumulative distributions to date to Southfork limited partners to $24.1 million. This distribution represents a weighted average annual compound rate of return of 13.08%, based on the limited partners' related aggregate initial investment of $17.6 million in 2005 to acquire some 439 acres of land for development purposes.
Walton's Southfork Limited Partnership is located on the southeast side of the City of Leduc, Alberta, just south of Edmonton. The Southfork project is strategically situated near provincial Highway 2, Alberta's primary north-south highway, and part of the Calgary-Edmonton Corridor.
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 49,300 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 $2.1 billion of land in Alberta, Ontario, Arizona, Texas and Georgia with over 54,200 investors and purchasers.
For more information, please visit www.waltoninternational.com
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