Walton Global, a real estate investment and land asset management company, has launched Builder Land Finance (BLF) Fund III, a private credit offering designed for accredited investors. The fund offers a land backed, fixed-income opportunity for investors to participate in institutional land banking through flexible financing structures tailored to homebuilder needs. 

BLF Fund III targets an annualized return of 9%-11.5%, paid quarterly, through a debt-based structure secured by financing land acquisition projects that are pre-identified and contracted by the largest homebuilder in the United States. Capital is deployed through structured land purchases that support near-term homebuilding activity, while investors receive income backed by the underlying land and builder premium payments. 

Key features of BLF Fund III include: 

• Target offering of up to $250 million designed for broker dealers, RIAs, and family offices 

• Fixed 9%-11.5% target return (9% for broker dealers, 11.5% for fee-only registered investment advisors) 

• 5-year term with two optional 1-year extensions 

• Quarterly interest payments 

• Land identified and contracted by an A- rated public homebuilder 

• No exposure to entitlement, construction, or housing price volatility 

Land remains the single most critical and constrained input in the U.S. housing supply chain. While demand for new homes continues to outpace existing inventory, homebuilders face increasing pressure to secure land without overleveraging their balance sheets or absorbing speculative risk. In this environment, traditional land banking strategies are being replaced by capital-light, off-balance-sheet solutions. BLF Fund III is designed to meet that need by offering pre-negotiated, builder-aligned land financing that enables builders to control pre-approved sites without upfront capital outlay, reduce land carrying costs and timing risk, and improve operational agility in markets with strong housing demand. 

“For BLF Fund III, we’re focused on the intersection of smart land acquisition and the growing demand for new housing,” said Bill Doherty, CEO of Walton Global. “Our just-in-time land strategy is designed to give builders the inventory they need, when they need it, while offering our investors exposure to a resilient and essential segment of the real estate market.” 

The fund builds on a proven investment model. Under this strategy, land is acquired only after extensive due diligence by the builder. Walton then secures the property and enters into a takedown agreement that allows the builder to purchase land and lots in phases. Investors receive interest during the holding period, and capital is repaid as home sales are completed. 

“Our model is purpose-built to meet today’s market needs,” said Paul Bae, Vice President of Portfolio Management at Walton Global. “It supports builders with access to flexible capital while creating consistent, land-backed income opportunities for our investors.” 

BLF Fund III is positioned within the growing private credit sector, which includes real asset-backed strategies designed to generate attractive income and diversification for accredited investors. Walton expects continued growth in its builder-aligned land acquisition pipeline and remains focused on delivering solutions that address both investor income objectives and the housing market’s structural land constraints. 

BLF Fund III is offered to accredited investors only, pursuant to Regulation D, Rule 506(c) of the Securities Act of 1933. Securities are offered through Walton RE Securities, LLC, Member FINRA/SIPC.

There is no guarantee that the investment objectives of the Fund will be achieved. Returns may be impacted by market conditions, builder performance, or changes in land values. Investors may experience delays or a loss of capital. Please refer to the private placement memorandum for further details.