Walton enters single-family build-to-rent market
Walton Global Holdings, a global real estate investment and land asset management company with $3.4 billion under management, has launched a build-to-rent (BTR) line of business that will leverage its more than 81,000 acres of land assets throughout the United States to create near-term opportunities for single-family home rental developments.
Walton has already identified 17 near-term opportunities and is in advanced negotiations with a select group of nationally recognized builders and developers to construct build-to-rent communities with approximately 2,500 units throughout the country. The first wave of development is part of a longer-term vision for the company to grow its BTR portfolio. Walton plans to construct additional projects within its network of more than 180 master-planned communities and through new land acquisitions.
“We see this as a tremendous opportunity to utilize our properties to provide additional single-family home inventory to growth market