Walton Global, a leading real estate investment and land asset management company, has recently acquired two plots of land totaling 155 acres for its Builder Land Financing (BLF) facility. The acquisition was made through funds managed by affiliates of Fortress Investment Group.
The first plot is located in the Dallas-Fort Worth suburb of Rhome, TX and spans 140.85 acres known as North Star. The second plot is situated in Santa Rosa, CA and covers 14.6 acres known as Stonebridge.
This acquisition marks the successful deployment of a $100-million capital allocation managed by Fortress on behalf of Walton Global’s BLF business line since its announcement in June 2022. This initial allocation was later increased to over $122 million to support further growth.
Both Stonebridge and North Star are earmarked for residential development with plans to bring new affordable homes to their respective areas through D.R Horton – the largest homebuilder by volume in the U.S.. These properties were simultaneously closed with D.R Horton upon Walton’s acquisition providing them direct deeding rights.
Stonebridge boasts an estimated total of 108 lots planned for single-family detached and duet homes within its location at 2220 Fulton Rd., situated northwest from Santa Rosa’s city center.
