Walton Announces Sale of Maryland Property Slated for Residential Development

Walton Global, a real estate investment and land asset management company and sponsor of private placement investments, announced the sale of the 38-acre master planned community known as Kenwood Village in Prince George’s County, Md.

The property was purchased by Mid-Atlantic Builders, a builder of luxury homes in the metropolitan Washington D.C. area and is slated for residential development.

“Kenwood Village is a strategic asset within the competitive housing market, aligning seamlessly with regional growth and development plans,” said Barry Dluzen, executive vice president at Walton Global. “This sale underscores our ongoing commitment to support the development of thriving communities while improving the value of our real estate assets.”

Strategically located to provide the best access to major urban centers, Kenwood Village is driving distance from downtown Washington D.C., Capitol Heights, and Ronald Reagan Washington National Airport. The property is comprised of approximately 120 lots that will support the construction of new single-family homes.

Kenwood Village’s proximity to Walton’s Westphalia Town Center – less than three miles away – makes it an important component of the area’s residential expansion. The local infrastructure, including direct access to Interstate 495, supports connections across Virginia and Maryland, making it an ideal location for residents working in and around the capital city.

Last month, Walton launched North Carolina Growth 2 DST, a Delaware statutory trust focused on land-based investments in Greenville, N.C. Known as Allen Tract, the Pitt County offering includes 215 acres intended for residential development. The offering seeks to raise approximately $2.77 million from accredited investors.

Walton Global works with homebuilders to identify plots of land across the country to support the continually rising demand. It has more than 80,000 acres of land under ownership, management, and administration in the United States and Canada, totaling $4.53 billion. Globally, a total of $2.7 billion has been distributed to investors located in 92 countries.

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