Minimum investment
$25k
Offering size
$3.1M
How much has sold
100.0%
Asset type
Land property
Location
Not stated
Financing
All cash. This offering reports no mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Georgia Growth 1 DST is a Delaware Statutory Trust — the fractional ownership structure 1031 exchangers use to swap into replacement property — sponsored by Walton Global. It holds undeveloped Georgia land, described by Walton as 103 acres approved for 206 single-family homes. It was Walton's first retail DST, announced March 15, 2023, and is now closed to new investors.1
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These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
The asset is raw Georgia land — 103 acres that Walton Global describes as approved for 206 single-family homes — held as part of the sponsor's land-based investment program in U.S. growth regions. Walton has not published a parcel address, purchase price, or closing date, and none appears in the SEC record. There is no building, and no construction is described in the public filings.
Who is the tenant, and what's the lease?
There is no tenant and no lease here: undeveloped land produces no rent roll and has no corporate occupier. Nothing in the public record names a user, operator, or ground lessee of the parcel, so an investor's outcome turns on the land itself rather than on lease payments.
How did it end?
No sale or other ending on record
Walton Global launched Georgia Growth 1 DST as its first retail DST offering in March 2023; SEC filings show ongoing offerings through July 2024 and no disposition announcement has been found, indicating the trust remains in its operating/hold period.
Supporting evidence
How is it financed, and what does it pay?
Walton marketed this as an all-equity offering — no mortgage on the land, which means no lender, no loan maturity, and no refinancing risk. The Form D reported equity securities only and disclosed no debt terms.2 An unleveraged Trust also gives an exchanger no mortgage debt to replace.
Who's behind it?
Walton Global is a land asset manager that opened a retail DST platform for 1031 exchangers on March 15, 2023, and this Trust was the first offering on it.1 On January 16, 2024 the firm announced it would continue the program after completing Georgia Growth 1 DST and California Growth 1 DST during 2023. It followed with North Carolina Growth 1 DST, announced February 6, 2024.
- Sponsor
- Walton Global
- Legal Trust name
- Georgia Growth 1 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?
Three Form D notices — the short SEC filing that reports an exempt private offering — track this raise, with a first sale reported August 8, 2023.3 The 2024 amendment trued the stated offering size down to what had actually been placed. Rule 506(c) permits public advertising but requires each buyer's accredited status to be verified.
- First Form D filedThe public offering record begins.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 3
- 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
What happened to Georgia Growth 1 DST?
Top1031 lists Georgia Growth 1 DST as historical. It is no longer raising money.
Where does Top1031 get the data for Georgia Growth 1 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.
Can I still invest in Georgia Growth 1 DST?
No. The Trust is closed to new investors. Walton Global's final Form D amendment, filed July 31, 2024, reported the offering fully subscribed, and the sponsor had already described the raise as complete in a January 16, 2024 announcement. It is a historical offering on this site, kept for research and comparison.
Where exactly is the property?
Walton Global has described the asset as 103 acres in Georgia approved for 206 single-family homes, but neither the SEC filings nor the sponsor's public releases give a parcel address, county, or municipality. Investors in the offering would have received the specific legal description in the PPM, the private placement memorandum that governs the deal.
Is there a mortgage on the land?
Walton Global announced Georgia Growth 1 DST as an all-equity offering, and the Form D reported equity securities with no debt terms disclosed. No lender, loan amount, or maturity appears anywhere in the public record. An exchanger with mortgage debt on a relinquished property would have no replacement debt from this Trust.
How would this Trust exit?
Undeveloped land generates no rent, so an exit depends on selling the parcel rather than on a leased building's cash flow. The SEC record does not state a hold period or disposition plan, and the Trust is not structured to convert into a REIT through a 721/UPREIT exchange. No sale or outcome has been reported for this Trust to date.
What does Rule 506(c) mean for this offering?
Rule 506(c) is the private-placement exemption that lets a sponsor advertise an offering publicly — press releases, websites, conferences — in exchange for taking reasonable steps to verify that every buyer is an accredited investor. That verification is stricter than the self-certification typical under Rule 506(b), which bars general solicitation.
Chapter 9Walton Global Announces the Continuation of Successful DST 1031 Exchange ProgramWalton Global announced the continuation of its all-equity DST growth strategy following the successful completion of its Georgia Growth 1 DST Fund (103 acres approved for 206 single-family homes) and California Growth 1 DST in 2023. Walton Global Announces a New Growth DST 1031 Exchange Offering in Land-Based InvestmentsBusiness Wire distributed the press release for Walton Global's launch of Georgia Growth 1 DST, its first all-equity land-based 1031 exchange offering designed for accredited investors.