A residential land investor with holdings in the U.S. and Canada has ventured to Las Vegas as the housing market keeps accelerating. The firm, Walton, announced this month that it acquired a 17-acre tract in the southwest valley and that a “top national homebuilder” plans to develop 175 townhouses and single-family homes there.
PHOENIX – Walton, a real estate investment and land asset management company with US$3.39 billion under management has acquired 149 acres planned for residential development. The property is located on the southwest corner of 4th Street and 90th Avenue in the Indian River Community in Vero Beach, Fla.
Walton has acquired 175 lots in The Trails and The Cottages neighborhoods in southwestern Las Vegas Valley located on the north and south side of Agate Avenue, east of Warbonnet Way.
Walton has completed its first sale of 161 platted lots within Banning Lewis Ranch to Oakwood Homes. This is the first transaction under the option agreement with Oakwood in the master planned community of Banning Lewis Ranch in Colorado Springs, Co.
US President Joe Biden’s “soak the rich” tax increases are expected to offer an incentive for United States expats to give up their citizenship, a tax adviser says.
Walton is pleased to announce a distribution to investors on behalf of McConachie Asset Management Corporation of CAD$5,320,686 that will be made on April 30, 2021.
Launched in March 2012, the Corporation acquired for development the 310-acre Westphalia Property (the “Property or the “Project”) located in Prince George’s County, Maryland, United States.
D.R. Horton has closed on Walton’s River Oaks Land Acquisition and Development (“LAD”) financing project, located in Hemet California in Riverside County.
Zoning change, public improvement district OK’d for 9,000-unit development
Waxahachie Daily Light
Walton is pleased to provide commentary on emerging housing trends and land development occurring in its key markets of Atlanta, Denver, Phoenix, Texas, Florida, California and nationwide overall.
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