Real Estate & Construction  April 10, 2015

Canadian firm takes over 900-lot residential project in Lochbuie

LOCHBUIE — A Canadian real estate investment and development group has acquired Altamira, an approximately 900-lot residential master-planned community in Lochbuie, from The Bromley Companies LLC, the original developer of the project.

The Walton Group of Companies is based in Calgary, Alberta.

Financial terms of the deal were not disclosed, and the transaction has yet to be recorded in public records.

“The Bromley Companies established a solid foundation for the future of Altamira and are thrilled to have Walton advance the project for the town of Lochbuie,” said Martin Roth, vice president of land services at CBRE Group Inc., who along with Eric Roth…

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