Walton Global launches second Growth DST 1031 exchange offering
Walton Global, a global real estate investment and land asset management company, has launched its California Growth 1 Delaware Statutory Trust (DST) focused on land-based investments. The offering is for approximately 44 acres of residential land located in Northern California that has been approved for 215 single-family homes.
Walton Global’s DST business line was launched in March 2023 with its first offering, Georgia Growth 1 DST, for 103 acres and a targeted development of 206 single-family homes that is expected to close in the coming weeks. The California Growth 1 DST is the second offering now available for accredited investors.
Walton Global believes the success of its land-based DST offering is primarily attributed to its unique strategy of providing investors with a “growth” investment strategy. Typically, an investment in a DST involves transferring proceeds from the sale of an investment property to another developed investment property, such as comm