An international real estate asset management company that owns 81,000 acres nationwide is making a big play for the wildly popular build-to-rent home market, and its plans include several projects in northern Colorado.
Walton Global Holdings — which last year moved its headquarters to Scottsdale from Calgary, Canada, where it was founded more than 40 years ago — is launching a build-to-rent, or BTR, line of business to develop 2,500 single-family rental units across the country, including metro Phoenix.
BUILDER contributor Paul Megler, executive vice president portfolio management and strategic relationships, says there are many contributing factors affecting the availability of developable land across the country.
Westphalia Dev. Corp. (the “Corporation”) announced today its results for the first quarter ended March 31, 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.
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.
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.
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