Walton Global Holdings Ltd. and its affiliates has acquired the 245-acre Lee Farms property located at 4300 Wilson Ave. in Loveland, Colo.
The property was acquired from The True Life Cos. and the Lee Family.
The pre-developed land is slated for a single-family residential master planned community of approximately 900 units, offering a variety of sizes and types of homesites. The parcel is located within close proximity to existing and actively selling new-home communities of Meadowbrook Ridge, Mariana Butte and The Lakes at Centerra.
Located 14 minutes from Fort Collins, Colo., home to Colorado State University, the Loveland region boasts a strong economy featuring dozens of innovative businesses from tech start-ups to Fortune 500 companies, low unemployment, and a steady population growth that is driving demand for residential construction.
Concurrent to the purchase of the Lee Farms property, Walton has secured interest from a top publicly-traded homeb