Walton
International Group Inc. has announced the successful completion
of unit placements in Walton AZ Silver Reef Limited Partnership 2.
Walton AZ Silver Reef Limited Partnership 2 attained a final closing on
September 25, 2009, and involves 1241 investors. The property is part of
a 1,478-acre master planned community informally known as Silver Reef.
Silver Reef is strategically located in Pinal County within the city
limits of the City of Eloy, Arizona. The Silver Reef Limited Partnership
2 project is situated adjacent to the city of Casa Grande in the
Phoenix-Tucson I-10 corridor, one of Arizona’s fastest-growing areas.
Walton has been researching and participating in North American real
estate markets for thirty years, and identifying strategic land in
Arizona for almost a decade. For years, Arizona has been one of the
USA’s strongest economic growth regions, and is expected to continue
being so in the future, given Arizona’s long-term fundamentals in
employment, population, economics, and housing affordability.
Over the last 5 years, Walton and its affiliates have syndicated 26
Arizona land projects in the strategic Phoenix–Tucson area, encompassing
a total of approximately 6,000 acres of land. As with other Walton
projects, Walton companies continue to act as manager of the Silver Reef
project on behalf of the limited partners and landowners, and maintains
a significant ownership interest in the property alongside limited
partners and landowners.
Over the past year, Walton has announced the completed
syndication
of 14 land-based real estate investment projects in Georgia, Texas, Arizona
and Ontario. This Walton AZ Silver Reef Limited Partnership 2 closing
follows announcements of completed land syndications for the Walton
Ottawa Region Limited Partnership, Walton AZ Toltec LP/LLC, Camino Real
Phase 1, Phoenix Sawtooth View 1, Walton Bluff Springs Land LP, Walton
AZ Silver Reef LP 3, Walton GA Arcade Meadows LP 1, Roseburgh Phase 1,
Walton West Palmilla LP, Arcade Meadows Phase 1, Oakridge Phase 5,
Walton USA Cottonwood LP, and Walton Europe Landentwicklung Ottawa 3
GmbH & Co. KG.
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 53,600 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 $2.1 billion of
land (CAD $2.4 billion) in Alberta, Ontario, Arizona, Texas and Georgia
with over 62,600 investors and clients.
For more information, please visit www.waltoninternational.com
