Real Estate Investor Starts Program to Help Housing Affordability Crisis
December 18th, 2019 by EditorWalton Global Holdings and its affiliates, a real estate investment and land asset company, has announced its first Builder Option Land Development (BOLD) fund, with an objective of acquiring land for future sale to homebuilders throughout the U.S.
The BOLD Fund offers investors the opportunity to participate in the home building market. The fund will acquire properties identified by large-volume homebuilders for near term residential development projects through a predetermined exit strategy. The land is then expected to be sold to those same builders in phases with an adjustable takedown schedule and flexible payment options, according to Walton.
“Our new BOLD Fund provides homebuilders with a land acquisition opportunity to work alongside an international real estate investment and asset management company for securing a land pipeline with a minor upfront capital contribution impact, during what we see as the biggest housing demand in recent history,” said Walton CEO Bill Doherty.