Walton Ontario Land L.P. 1
$35,800,000.00
3,580,000.00 Units at $10.00
Initial Public Offering - Closed - Thursday, February 25, 2010
Company Description
Walton Ontario Land L.P. 1 is a limited partnership formed to acquire and syndicate undeveloped land that is strategically located within major North American urban growth corridors. The Partnership will be managed by Walton International Group Inc. The Walton Group currently manages approximately $2.05 billion of syndicated real estate assets, comprised of just over 40,000 acres of land, on behalf of investors in North America, Europe and Asia. These properties are located in or near Calgary, Edmonton, Ottawa, Toronto, the Phoenix-Tucson corridor, the Dallas/Fort Worth metroplex, the Austin-San Antonio corridor and Atlanta.
Address: |
23rd Floor, 605 - 5 Avenue SW Calgary, Alberta, T2P 3H5 Canada |
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Phone Number: | 403 265-4255 |
Fax Number: | 403 213-3184 |
Website: |
Industry: | Real Estate |
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Closing Date: | Thursday, February 25, 2010 |
1st Day of Trading: | |
Primary Symbol: | |
Exchange: |
Proceeds
The net proceeds of the offering will be used to pay for the acquisition of properties, the acquisition fees and for the refundable expense reserve.
Gross Proceeds: | $35,800,000.00 |
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Underwrting Fees: | $1,969,000.00 |
Expense Offering: | $537,000.00 |
Net Proceeds: | $33,294,000.00 |
Lead Underwriter: | RBC Dominion Securities Inc. |
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Other Underwriter(s): |
BMO Nesbitt Burns Inc. HSBC Securities (Canada) Inc. Desjardins Securities Inc. Canaccord Capital Corporation Dundee Securities Corporation Raymond James Ltd. Research Capital Corporation Integral Wealth Securities Limited Macquarie Capital Markets Canada Ltd. |
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