International law firm Squire Patton Boggs has advised Walton Global, a leader in real estate investment and land asset management, in its partnership with GoldenTree Asset Management to spur co-investment in lot banking transactions in high-growth corridors across key U.S. markets.
Together, Walton and GoldenTree will deploy substantial capital into transactions in markets with strong demographic and employment growth facilitating the development of new housing in the regions where demand is most pronounced.
“Working with GoldenTree advances our objective of supporting our homebuilder clients in delivering high quality, much-needed housing to the market,” said Jordan McKenzie, Executive Vice President of Finance & Portfolio Management at Walton Global. “We are focused on providing funding for near-term residential finished lot opportunities in U.S. markets that align with our identified drivers for growth.”
The Squire Patton Boggs team included partners Jonathan Brohard, Stacy Krumin and associate Alexis Montano.
Learn more about the transaction here.