Walton Global, a real estate investment and land asset management company, announced the acquisition of Serenity North, a 52-acre parcel in Elbert County, Colorado.
The company says this acquisition completes the larger Serenity Pointe Master Plan of 374 acres. According to Walton Global, the transaction marks an “important milestone” in their plans to promote more residential space in the Colorado and the Serenity Pointe community.
“Serenity North is an exciting addition to the Serenity Pointe Master Plan, as well as the greater region,” said Anthony Ybarra, vice president, land for Walton Global in Colorado, California, Arizona and Texas. “We see great opportunity for growth and expansion surrounding Denver and this latest acquisition affirms our commitment to the area.”
The new development is planned for a variety of single-family product types and is located near the town of Parker and Interstate 25, providing access to the transportation route that leads to major metropolitan areas such as Colorado Springs and Denver, Colorado.
As the development moves forward, Walton Global says the company will continue to seek opportunities to collaborate with community partners and stakeholders to ensure the “sustainable growth and prosperity” is consistent with the Elbert County Master Plan.
Walton Global is a privately-owned land asset management and real estate investment company with $3.4 billion in assets under management.