Leading land asset management and global real estate investment company, Walton, headquartered in Scottsdale, Ariz., recently announced the launch of its U.S. Capital Markets business line with two new funds which aim to support the escalating need for land by U.S. homebuilders, offering registered investment advisors, broker dealers, institutional and family office investors across the country an opportunity to participate in the continued growth of the U.S. residential home market. Highlighted below is the U.S. Capital Markets team supporting this line of business.
Walton’s 42-year experience in the land industry and its more than 86,000-acre U.S. land asset portfolio, coupled with their established relationships with most of the top U.S. homebuilders, puts Walton in a prime position to launch a capital campaign specifically with the American housing and investment market in mind.
Todd Woodhead, executive vice president of Capital Markets for Walton, said, “Our new U.S. strategy is based on the continued demand for housing which is depleting homebuilders’ land inventory faster than they can build homes. Homebuilders are searching for a steady flow of land into their pipelines, so they can bring new homes to the market as quickly as possible. Our new funds are intended to help homebuilders with land inventory while intending to provide our investors with attractive returns and continuous cash flow. Based on projections, the real estate market isn’t anticipated to slow down anytime soon, which will fuel our funds well into the future.”
According to a recent study from the National Association of Realtors, the U.S. has a 5.5 million housing deficit that will take years to accommodate. The funds’ focus is on acquiring land in strategic submarkets near growing metropolitan cities in Texas, California and Colorado, to name a few.
• The U.S. Residential Growth Fund offers investors exposure to short-term land investment opportunities, partnering with the top public homebuilders in target growth markets throughout the United States. The goal of the Fund is to deliver attractive total returns while providing portfolio diversification – cash flow is projected to begin within 2-3 years.
• The U.S. BILT Fund offers an investment opportunity in land assets identified by the top U.S. homebuilder for their nearest-term development projects. The goal of the Fund is to deliver alternative income for client portfolios; a bond alternative solution in a historically low interest rate environment – cash flow is projected to begin within 6 months.
Walton’s ambitious goal with U.S. Capital Markets is to raise $100-$200 million in differential real estate funds.
Walton is also looking to grow its internal and external team in 2022 to help support its two new product lines and Capital Markets initiatives.
“As we ramp up our U.S. Capital Markets campaign, and launch our two funds, we are looking for the talent to support our expected growth in 2022 and beyond,” Woodhead said. “We have added several seasoned professionals to our team, and we are searching for the right group of people who are experienced in raising capital for real estate investments to join us this year.”
Walton senior vice presidents on the U.S. Capital Markets team and their assigned regions:
• Will Bohannan, National Accounts
• John Sobotka, Southeast
• Jon Eastman, Midwest
• Alec Young, West
• Ryan Caval, South
• Alex Horsman, Northwest
• Anthony Mazza, Northeast
Those qualified and interested in working with Walton on the U.S. Capital Markets team are encouraged to send an email with your resume to email@example.com.