Walton Global Sells 245 Acres for Master Planned Community in Northern Colorado
Walton Global – a real estate and land asset management company, and sponsor of private placement investments – announced the Phase 1 sale of the 244.83-acre Lee Farm master planned community, also known as Pinecrest, to Forestar Group Inc., a residential lot developer.
As part of the development plan, Forestar expects to deliver finished lots to homebuilder D.R. Horton for the construction of approximately 1,016 residential units, including single-family detached homes, paired homes, and townhomes upon full buildout of the community in Loveland, Colo. The transaction price was not disclosed.
“Lee Farm possesses strong long-term growth potential, as it works to meet Northern Colorado’s increased population demands,” said Anthony Ybarra, senior vice president, real estate for Walton Global. “With its stunning mountain views and conservation land to west, the property provides D.R. Horton a unique setting that aligns with what Colorado homebuyers value most.”
Within Larimer County, Lee Farm places residents just a 30-minute drive from Fort Collins – one of Northern Colorado’s most vibrant cities. Home to Colorado State University, Fort Collins is known for its strong economy as it continues to expand across the technology, bioscience, and clean energy sectors.
“This property offers residents an affordable entry point into the Northern Colorado market, as well as easy access to many employment centers along the I-25 corridor,” said Ron Mullenbach, D.R. Horton’s Colorado division president. “Bordered by the scenic foothills, Lee Farm gives us the opportunity to deliver quality homes at attainable price points, benefitting individuals and families across the Front Range.”
Lee Farm offers residents convenient access to popular retail destinations near the I-25 and Highway 34 interchange, as well as reasonable commute times to Boulder, Fort Collins, and Greeley. Nearby schools include Ponderosa Elementary School, Lucile Erwin Middle School, and Loveland High School.
According to the company, it remains actively engaged throughout Colorado and is committed to using strategic land investments to support long-term growth.
Last month, Walton Global 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.
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.
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