Walton Global Launches New DST 1031 Exchange Offering with Nearly 130 Acquired Acres in Delaware
New Land providing Residential Development within Kent County
Institutional Real Estate Inc.
Walton Global, a global real estate investment and land asset management company, today announces the launch of its Delaware Growth 1 DST focused on land-based investments. Known as Indian Point, the offering in Felton, Delaware includes 128 acres of land zoned for residential development. Upon completion, the site is estimated to support approximately 270 homesites to accommodate the region’s continued demand.
“Indian Point was chosen for this DST 1031 exchange offering due to its family-friendly atmosphere and active lifestyle that make it one of the best places to live on the East Coast,” said Michael Slavotinek, Vice President, Mid-Atlantic and the Carolinas for Walton Global. “This region’s growing population also makes this parcel a prime choice for new home development and our land investment opportunity.”
Indian Point’s convenient location provides residents the opportunity to enjoy outdoor activities at one of the many surrounding beaches, golf clubs, water parks and other outdoor areas. The beautiful beaches along Delaware Bay offer everything from fishing and bird watching to food and other festivities.
Initially introduced in March 2023, Walton’s approach to its DST offerings emphasizes all-equity potential growth opportunities, aiming for potentially higher investor returns compared to traditional DSTs. This strategy includes avoiding artificially extended hold periods due to the repayment restrictions common in conventional financing. The Delaware Growth 1 DST has an exit strategy planned for 3 to 5 years, providing financial professionals with new opportunities to diversify their clients’ portfolios with a focus on growth.
Indian Point is situated just a 25-minute drive from Dover, a 40-minute drive from Lewes and less than a two-hour drive from Washington D.C. and Baltimore. Wilmington’s railway system also provides convenient public transportation to many surrounding major metropolitan areas including Philadelphia, Washington D.C. and Baltimore. Other nearby attractions include the Delaware Turf Sports Complex, Killen’s Pond State Park, Dover Air Force Base, Dover Motor Speedway, Delaware State University and many other parks, lakes and ponds.
Applying decades of land acquisition experience, Walton Global remains a leader in the DST 1031 Exchange offering space. The company continues to maintain a healthy pipeline of DST properties situated within paths of growth across the country, holding the properties for value growth as contemplated by 1031 tax regulations and marketing the properties after the hold period ends to its trusted network of top homebuilders across the U.S. Walton Global deploys a unique strategy when selecting land, including focusing on key factors such as population and employment growth near large metropolitan statistical areas. Walton Global’s robust connections with leading national and regional homebuilders enable the team to choose what we believe to be the ideal land buyers, offering increased potential for returns to investors.
