Walton Global Launches $250M Private Credit Offering Targeting 9% to 11.5% Return

Walton Global – a real estate and land asset management company, and sponsor of private placement investments – has launched Builder Land Finance Fund III, i.e., BLF Fund III, a private credit offering designed to generate income and diversification for accredited investors.
The fund is seeking a capital raise of up to $250 million, designed for broker-dealers, registered investment advisers, and family offices and will have a five-year term with two optional one-year extensions.
BLF Fund III targets an annualized return of 9% for those who invest via broker-dealers and 11.5% for those who utilize fee-only RIAs, paid quarterly, through a debt-based structure secured by financing land acquisition projects that are pre-identified and contracted by a top-rated homebuilder in the United States. Capital is deployed through structured land purchases that support near-term homebuilding activity, while investors receive income backed by the underlying land and builder premium payments.
According to Walton Global, “land remains the single most critical and constrained input in the U.S. housing supply chain.” While demand for new homes continues to outpace existing inventory, homebuilders face increasing pressure to secure land without overleveraging their balance sheets or absorbing speculative risk.
In this environment, traditional land banking strategies are being replaced by capital-light, off-balance-sheet solutions. BLF Fund III is designed to meet that need by offering pre-negotiated, builder-aligned land financing that enables builders to control pre-approved sites without upfront capital outlay, reduce land carrying costs and timing risk, and improve operational agility in markets with strong housing demand.
“For BLF Fund III, we’re focused on the intersection of smart land acquisition and the growing demand for new housing,” said Bill Doherty, chief executive officer of Walton Global. “Our just-in-time land strategy is designed to give builders the inventory they need, when they need it, while offering our investors exposure to a resilient and essential segment of the real estate market.”
The fund builds on a proven investment model, according to Walton Global. With the strategy, land is acquired only after extensive due diligence by the builder. Walton then secures the property and enters into a takedown agreement that allows the builder to purchase land and lots in phases. Investors receive interest during the holding period, and capital is repaid as home sales are completed.
“Our model is purpose-built to meet today’s market needs,” said Paul Bae, vice president of portfolio management at Walton Global. “It supports builders with access to flexible capital while creating consistent, land-backed income opportunities for our investors.”
Walton said it expects continued growth in its builder-aligned land acquisition pipeline and remains focused on delivering solutions that address both investor income objectives and the housing market’s structural land constraints.
Securities for BLF Fund III are offered through Walton RE Securities LLC.
Last month, Walton Global announced the sale of the remaining 30 acres of residential development within the Anderson master-planned community in Hays County, Texas. This marked the second phase of Walton’s sale to D.R. Horton, following the 47-acre Phase 1 closing that took place in April 2022.
Walton Global is a privately owned land asset management and global real estate investment company with 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 $2.67 billion has been distributed to investors located in 92 countries.


