Walton Big Lake Development L.P. Reports First Quarter 2019 Fiscal Results

Walton Big Lake Development L.P. (the “Partnership”), and its general partner, Walton Big Lake Development Corporation (the “General Partner”), announced today the Partnership’s financial results for the second quarter of 2019. Launched in 2010, the Partnership owns a residential project in northwest Edmonton, Alberta.

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CALGARY, Alberta – Walton Big Lake Development L.P. (the "Partnership"), and its general partner, Walton Big Lake Development Corporation (the "General Partner"), announced today the Partnership’s financial results for the third quarter of 2018.

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CALGARY, alberta–(business wire)–walton big lake development L.P. (the "Partnership"), and its general partner, Walton Big Lake Development Corporation (the "General Partner"), announced today the Partnership’s financial results for the first quarter of 2019.Launched in 2010, the Partnership owns a residential project in northwest Edmonton, Alberta.

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A second mortgage loan is a subsequent loan and subordinate to the earlier mortgage. In other words, a second mortgage loan is used as collateral pledged for the first loan. Second mortgage loans have varying lengths with which they are eventually paid off. Some second mortgage loans may last for as long as 15 or 20 years. Other second mortgage loans only require one year for repayment.

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