Home Alts News Walton Global Welcomes 150 New Residents to Florida Community

Walton Global Welcomes 150 New Residents to Florida Community

Walton Global, a real estate investment and land asset management company, announced that the Farm at Varrea, a 1,008-acre community in Plant City, Florida is now open and expecting more than 150 new residents in the first year.

Located off Midway Road and near I-4, the Farm at Varrea offers access to the surrounding cities including Tampa, Orlando and Lakeland.

“We are honored to support the massive population growth in Florida with quality homes in the Farm at Varrea. The concept for this community has been well executed by D.R. Horton (the homebuilder),” said Rick Harcrow, vice president, asset management for Florida at Walton Global. “The significant influx of potential homebuyers and expected homes sales in this community has confirmed that the U.S. housing market remains strong and the need for new home development is prominent.”

The Farm at Varrea has more than 130 new homes under construction and plans for the community include single-family detached homes, townhomes and twin villas. Amenities in the community include a resort-style pool, fitness center, sport courts, dog parks, playgrounds and trails throughout the neighborhood. Farms at Varrea offers a short commute to local schools, Downtown Plant City and a mainstreet with shops, restaurants and entertainment.

Initiated in 2019, Walton Global says the Farm at Varrea represents the first option agreement structure that the company now uses as a standard model for its business “that is highly successful.” According to the real estate investment company, the structure was designed to provide home builders with flexible land purchase options as part of their home building process.

Walton Global is a privately-owned land asset management and real estate investment company with $3.4 billion in assets under management.

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