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Walton Global Announces Sale of 54 acres to Lennar in Highly Anticipated Riverfield Community Near Myrtle Beach

2025/10/02

Walton Global Announces Sale of 54 acres to Lennar in Highly Anticipated Riverfield Community Near Myrtle Beach

 

Walton Global, a leader in global real estate investment, land asset management, and land banking, is pleased to announce the sale of approximately 54 acres to Lennar, one of the nation’s leading homebuilders, within the planned Riverfield community, located just 13 miles from Myrtle Beach, South Carolina. This transaction marks Phase 1 of development within the 98-acre Riverfield master plan, where Lennar ultimately plans to deliver 194 single-family homes.

“We’re thrilled to see Riverfield take shape in one of the Southeast’s most vibrant and fast-growing regions,” said Michael Slavotinek, Executive Vice President of Real Estate for Walton Global. “This community will not only deliver much-needed new housing, but also offer residents a lifestyle centered around connectivity, recreation, and convenience — a true reflection of our commitment to responsible, community-forward development.” 

Nestled along Highway 905, Riverfield offers future residents a prime location with seamless access to the Grand Strand’s employment hubs, medical facilities, top-rated schools, retail destinations, and Myrtle Beach International Airport. The development is ideally situated for those seeking a peaceful, suburban setting without sacrificing proximity to coastal amenities. 

Riverfield is planned to include an impressive range of amenities designed to foster a sense of community and outdoor living. These include a swimming pool, clubhouse, and direct access to the scenic Waccamaw River. Plans are also being explored for a kayak landing, creating a gateway to river exploration and an active lifestyle for residents of all ages. 

“Riverfield is designed to meet the needs of today’s homebuyers — whether they’re young families, active adults, or retirees,” said Alex Martin, Division President – Coastal Carolinas at Lennar. “The combination of a thoughtfully designed neighborhood, rich amenities, and proximity to both nature and city conveniences makes this a truly exceptional place to call home.” 

Walton Global’s innovative land banking model continues to support the nation’s top homebuilders by providing strategic, development-ready land in key growth markets. This latest sale highlights Walton’s disciplined, long-term approach to land stewardship and value creation, ensuring both housing supply and investor goals are met. 

 With a robust pipeline of available properties across the U.S., Walton Global remains a trusted partner for homebuilders seeking scalable solutions and sustainable growth opportunities in today’s dynamic real estate environment.