
Walton Global Continues DST 1031 Exchange Offerings
Walton Global, a real estate investment and land asset management company, announced that its Delaware Statutory Trust (DST) expansion strategy will continue in 2024, with the acquisition of its newest property outside of Charlotte, NC.
Walton anticipates launching 5 to 7 comparable programs in 2024.
Walton’s strategy, which was launched in March 2023, focuses on all-equity growth opportunities with the potential for higher investor returns than traditional DSTs, as well as hold periods that are not artificially extended due to repayment restrictions that apply to most traditionally financed alternatives.
“2023 was a year of educating the marketplace on DST growth products, and in 2024, it is time to supply the demand,” said Todd Woodhead, SVP of capital markets at Walton Global. “There has been an appetite for an all-growth strategy as a diversification tool in the DST market, and we’re excited to provide a solution to our partners and their clients with our growing pipeline of assets.”
Scottsdale, AZ-based Walton Global raised capital for two DST offerings in 2023, which included the closing of its first retail DST – Georgia Growth 1 DST, a land-based offering consisting of 103 acres of residential land already approved for the development of 206 single-family homes.
Walton Global is privately-owned, with over 93,000 acres of land under ownership, management and administration in the U.S. and Canada, totaling $3.4 billion.
Pictured: retail DST – Georgia Growth 1 DST
