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Sign in Sign up for a FREE subscriptionWalton Global acquires 111-acre parcel in Maricopa, Ariz.
Walton Global has acquired Elena Trails, a 111.4-acre parcel in Maricopa, Ariz. The Elena Trails property is estimated to consist of more than 450 homes, with the new development to consist of a wide and diverse range of housing options on various lot sizes.
The Elena Trails acquisition represents significant traction for Walton Global’s Builder Land Financing program, a new land investment business line the company launched in 2020. This initiative was designed to assist homebuilders nationwide in securing land assets until they are prepared to begin the horizontal development and vertical construction of new homes.
“Walton Global takes pride in the momentum our Builder Land Finance Program has achieved this year, and the Elena Trails acquisition stands as another significant milestone in the expansion of this business line,” said Paul Bae, vice president, portfolio management for Walton Global. “While we’re ending the year on a strong note, we’re eagerl
