Delaware Growth 2 - Dupont DST
Pre-development land (residential; currently zoned agricultural) property in Felton (Kent County), DE — sponsored by Walton Global
Files with the SEC as Delaware Growth 2 DST
Minimum investment
$100k
Offering size
$4.7M
How much has sold
3.0%
Asset type
Pre-development land (residential; currently zoned agricultural) property
Location
Felton (Kent County), DE
Financing
Leveraged. This offering reports mortgage debt on the property.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Delaware Growth 2 – Dupont DST is a Walton Global offering of unimproved, pre-development land in Kent County, Delaware, held in a Delaware statutory trust (DST) — the structure that lets 1031 exchangers own a fractional real-estate interest.2 Walton's May 13, 2025 launch release describes the tract as designated for residential development and currently zoned for agricultural use.1 The Trust is raising. There is no building and no tenant.
All-equity/no debt (0% LTV); anticipated hold 3-6 yrs; Walton's 8th DST, launched May 2025
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These links support the public record as a whole; individual details may come from different sources.
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What exactly is the property?
This is farmland, not a building. Walton Global announced the offering on May 13, 2025, describing land in Kent County designated for future residential development and currently zoned for agricultural use.1 No purchase price, closing date, parcel identification number, entitlement approval, or named subdivision appears in the reviewed public record.
- Property address
- Near Dupont Highway (US-13) and Road 240 (no street address; unimproved land), Felton (Kent County), DE
- Property size
- ~131 acres
Who is the tenant, and what's the lease?
There is no tenant and no lease. The land is unimproved and, per Walton's May 13, 2025 release, still carries agricultural zoning while being designated for residential development.1 No operator, farm lease, or occupancy arrangement was identified in public filings, so any interim use is settled only by the offering documents.
How are sales going?
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
3.0% reported sold
- Amount sold
- $150,000
- Still available
- $4,562,373
- Investors reported
- 3
- Total offering
- $4,712,373
Not enough filings yet to show a trend.
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How is it financed, and what does it pay?
Walton describes its DST program as emphasizing all-equity growth opportunities rather than income from leveraged buildings.1 For this Trust specifically, no lender, loan amount, or maturity appears in the public filings, and the reviewed public record does not settle whether debt sits at the property level — the Private Placement Memorandum (PPM), the governing disclosure document, does.
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Who's behind it?
Walton Global Holdings, LLC is named as sponsor of the issuer in the Trust's Form D.2 Walton is a land-focused sponsor whose business is assembling and holding pre-development land, and this is the firm's eighth DST, launched in May 2025. On May 11, 2026, Walton Global announced it had distributed more than $3 billion to investors across its platform.
- Sponsor
- Walton Global
- Legal Trust name
- Delaware Growth 2 DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 4 active / 10 total offerings from Walton Global
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
A Form D is the issuer's own notice of an exempt offering, and the SEC states it has not necessarily reviewed the information for accuracy or completeness.2 The exemption marked on this one lets the Trust advertise publicly but requires it to verify that every buyer is an accredited investor — someone qualified by income or net worth.2
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Common questions
Is Delaware Growth 2 - Dupont DST still raising money?
Top1031 lists Delaware Growth 2 - Dupont DST as active because the sponsor is still filing with the SEC. That does not confirm that interests remain available.
Where does Top1031 get the data for Delaware Growth 2 - Dupont DST?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
What am I actually buying here?
A fractional beneficial interest in a Delaware statutory trust that owns unimproved, pre-development land in Kent County, Delaware. Walton Global's May 13, 2025 announcement says the land is currently zoned for agricultural use and designated for future residential development. There is no building, tenant, or lease.
Does raw land generate monthly distributions?
Public filings do not establish any distribution for this Trust. Walton's May 13, 2025 release describes its DST program as emphasizing all-equity growth opportunities rather than current income, and no lease or operating arrangement for this land appears in the public record. The Private Placement Memorandum settles whether any cash flow is expected during the hold.
Is there a mortgage on the land?
The public record does not resolve it. Walton describes its DST program as all-equity in nature, the July 9, 2025 Form D does not establish property-level debt, and no lender or loan document for this Trust was located in the reviewed sources as of August 28, 2026. Treat the debt question as open and confirm it in the PPM.
How long is the money expected to be tied up?
Walton Global's May 13, 2025 launch release states an anticipated hold period of three to six years. That is the sponsor's expectation, not a commitment, and land timelines depend on entitlement and market conditions. The offering documents govern hold, extension and disposition terms.
Is the Trust still open to new investors?
The SEC record shows a single Form D, dated July 9, 2025, with no later amendment as of the August 28, 2026 review, and the Trust is classified as raising. A Form D is a point-in-time snapshot and does not establish that interests remain available today, so check EDGAR for later filings and confirm current availability with the sponsor or your representative.
Can I roll into a REIT at the end?
The record shows no 721/UPREIT exit mechanism — no arrangement to contribute the property into a REIT in exchange for operating-partnership units. Any exit would come from a sale or other disposition of the land, and the PPM describes that process and who controls timing.
Chapter 9Walton Global Launches Latest Residential DST Offering in Kent County, DelawareAltsWire trade-press coverage of the Delaware Growth 2 DuPont DST launch, describing the ~131-acre Kent County residential development parcel near Felton, DE. Walton Global Expands DST Offerings with Delaware Growth 2Walton Global announced the launch of the Delaware Growth 2 - Dupont DST, an ~131-acre pre-development residential land offering near Dupont Highway and Road 240 in Kent County, DE, with an anticipated 3-6 year hold.