LAND ACQUISITION
INVESTING ON SOLID GROUND
Before entering the acquisition process, we thoroughly analyze every property, assessing factors such as infrastructure access, surrounding development, and long-term market potential.
Our nationwide relationships with land brokers and frequent on-site visits allow us to stay ahead of market trends and secure the right properties.
Our team-based approach integrates expertise from our real estate, operations, capital markets, and finance teams, ensuring each acquisition is backed by rigorous research. We target regions with strong economic incentives, prioritizing areas that are experiencing population growth and increasing employment opportunities.
Walton’s fundamental drivers for land absorption include:
- Long-term growth and business incentives
- Diversified economy and job creation
- Development of new communities in the surrounding areas
- Talented workforces or in-migration for retirees
COLLABORATION WITH HOMEBUILDERS
Walton leverages our extensive network of homebuilders and other industry professionals to support acquisition decision making and underwriting. By working with the builder through the acquisition and entitlement process we ensure our properties align with builder and development goals.
Criteria for acquisition includes key factors such as lot-to-home ratio, development costs, entitlement expenses and paper lot pricing adjusted for projected market conditions.
ACQUISITION APPROVAL PROCESS
The Walton Land Acquisition & Divestiture Committee (A&D Committee) exists to guarantee a transparent, disciplined, and effective land acquisition and divesture process.
Each potential acquisition undergoes detailed evaluation, including comprehensive due diligence, risk assessment and funding analysis to align with investment objectives. Final approval requires unanimous consent to move forward in the acquisition or divestiture process.
