Georgia Growth 1 DST
Land parcel · sponsored by Walton Global
Georgia Growth 1 DST was a DST sponsored by Walton Global that owned a land parcel. Its last Form D, filed Jul 31, 2024, reports the offering fully sold.
How it ended
The last Form D, filed Jul 31, 2024, reports the offering fully sold.
Key facts
- Minimum investment
- $25,000From the Form D
- Offering size
- $3,149,363Equity offered, per the Form D
- Sold
- 100%Form D, Jul 31, 2024; the % is our arithmetic
- Investors reported
- Form D, Jul 31, 202427
- Selling commissions
- Form D Item 15; the % is our arithmetic$192,332 · 6.1% of offering
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.How it is financed ↓
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →
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Ask a 1031 specialist about this recordFree. About: Georgia Growth 1 DST. Top1031 is not a broker-dealer.What did Georgia Growth 1 DST own?
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.
How was it financed, and what did it cost to sell?
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.
Debt
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
Costs and terms from the Form D
- Selling commissions
- $192,332 · 6.1% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $348,164 · 11.0% of offeringForm D Item 16· The filing’s note: “Estimate of certain fees and expenses including Acquisition and Sponsor Fee, Management Fees, Marketing and Due Diligence Allowance, Managing Broker-Dealer Fee and Organization and Offering Expenses, which may accrue to one or more related persons.”
- Broker-dealers named in the Form D
- 5 named in the Form D
Show the firms
- Client One Securities LLC · CRD 152974
- Emerson Equity LLC · CRD 130032
- Great Point Capital LLC · CRD 114203
- Innovation Partners LLC · CRD 146344
- Wealthforge Securities, LLC · CRD 152550
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Jul 19, 2023
- Minimum investment
- $25,000
Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together. The issuer marked these amounts as an estimate.
Who's behind Georgia Growth 1 DST?
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
- Offerings on record
What does the SEC record show?
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.
- Legal Trust name
- Georgia Growth 1 DST
- SEC CIK
- 1966768
- First Form D
- Mar 2, 2023
- Latest Form D
- Jul 31, 2024
- Filings on record
- 3
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D/A | $3,149,363was $3,205,528 | $3,149,363+$1,562,229 | 27+14 | EDGAR | |
| Form D/A | $3,205,528 | $1,587,134+$1,587,134 | 13 | EDGAR | |
| Form D | $3,205,528 | $0 | EDGAR |
Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.
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.
Common questions
- What happened to Georgia Growth 1 DST?
- Georgia Growth 1 DST is a Historical offering. The last Form D, filed Jul 31, 2024, reports the offering fully sold.
- 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 offering documents.
- 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.
In the news
Sources
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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 offering documents before investing.