Jubilee
Pre-development land (residential, within mixed-use MPC) property in Pace, Florida — sponsored by Walton Global
Files with the SEC as Florida Growth 2 - Jubilee 1 DST
Minimum investment
$100k
Offering size
$9.5M
How much has sold
None sold yet
Asset type
Pre-development land (residential, within mixed-use MPC) property
Location
Pace, Florida
Financing
Leveraged. This offering reports mortgage debt on the property.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Florida Growth 2 - Jubilee 1 DST is a Delaware statutory trust — fractional co-ownership that can be used in a 1031 exchange — holding pre-development residential land inside Jubilee, an active master-planned community in Pace, Santa Rosa County, Florida. Walton Global announced the offering on July 22, 2025. There is no tenant, no lease and no rent; the outcome rests on a future land sale.2
All-equity/no debt (0% LTV); MPC under active development w/ national homebuilders; launched Jul 2025
Show sources (6)Hide sources (6)
These links support the public record as a whole; 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 acreage sits inside Jubilee, a master-planned community in Pace, Santa Rosa County, within the Pensacola metro area; the sponsor's brochure identifies it as Section J and studies 843 planned single-family lots.2 Walton Global announced the offering on July 22, 2025. In January 2026 the Pensacola News Journal reported that an Adams Homes subsidiary filed plans for roughly 1,500 homes on 503 acres bought from Jubilee Development Group in 2024, acreage the article does not tie to this parcel.4
- Property address
- north of Berryhill Road and south of Willard Norris Road, Pace, Florida
- Property size
- Approximately 268 acres of undeveloped forest land
Who is the tenant, and what's the lease?
This Trust holds raw land, so there is no tenant, lease or operating business — the sponsor's own brochure for the parcel discloses none.2 With no rent arriving, an investor's outcome depends on a future sale of the acreage or its lots rather than on operations.
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.
Raise history appears here once sales are filed — free account required.
How is it financed, and what does it pay?
Raw land produces no rent to service a mortgage. A secondary summary of this exact offering, updated August 5, 2026, describes the Trust as all-cash, with no trust-level lender and no scheduled debt service.3 The classification shown below reads otherwise, and the single notice on record names no lender.
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Who's behind it?
Walton Global's DST program is built around pre-development land rather than income-producing buildings, and this Trust was announced on July 22, 2025 as an expansion of that program. The July 15, 2025 notice names Walton Global Holdings, LLC as sponsor, Jubilee Depositor 1, LLC as depositor and Jubilee Keeper 1, LLC as administrative trustee, with a Scottsdale, Arizona principal address for the issuer.1 In a May 11, 2026 release, Walton Global said it had distributed more than $3 billion to investors across its platform.
- Sponsor
- Walton Global
- Legal Trust name
- Florida Growth 2 - Jubilee 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?
The only notice on record is an initial one, reporting that the first sale had not yet occurred; no later amendment has been located.1 The exemption shown below permits public advertising, but the sponsor must verify each buyer's accredited-investor status — an income or net-worth qualification — rather than accept self-certification.
- 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 Jubilee still raising money?
Top1031 lists Jubilee 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 Jubilee?
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.
Does this Trust pay regular distributions?
Nothing in the public record establishes one. Undeveloped land collects no rent, and Walton Global's Section J brochure presents the offering with no disclosed tenant, lease or operating business.[2] Any cash reaching investors would come from selling land rather than from operations. The mechanics, if any, sit in the Private Placement Memorandum — the offering's full legal disclosure document — not in the SEC filing.
What is the planned exit?
A sale, not a lease renewal or a refinancing. The sponsor's brochure frames the plan as phased exits from the Section J acreage and its lots inside the Jubilee community.[2] The public record shows no 721/UPREIT option, meaning no path to exchange Trust interests for operating-partnership units in a REIT. No completed sale of this parcel is reported in the sources reviewed.
Is the offering still open?
The record conflicts. The only Form D, filed July 15, 2025, was an initial notice reporting that the first sale had not yet occurred, and no amendment has been located since.[1] A secondary summary of this exact offering, last updated August 5, 2026, lists it as closed with no available equity.[3] That is a distributor page rather than a primary record, and it is not reconciled to any SEC filing. The SEC-reported amounts appear in the sales section of this page.
Who is allowed to invest?
Interests may be offered under Rule 506(c), the private-placement exemption that permits general solicitation and advertising but requires the sponsor to verify each buyer's accredited-investor status — an income or net-worth test — using documents such as tax returns or a third-party letter. The Form D states a $100,000 minimum investment.[1] The Section J brochure likewise describes accredited-investor and 1031-exchange eligibility.[2]
Do the reported offering figures agree with each other?
No. The total in the July 15, 2025 Form D differs from the $9,671,489 offering size stated in Walton Global's Section J brochure and from the $9,671,490 total shown on a secondary summary of the exact offering.[3] The brochure carries its own figure.[2] None of these differences is resolved in the public record, and no primary deed, mortgage or purchase-closing record for the parcel was located; the Private Placement Memorandum holds the binding numbers.
What makes a land DST different from a building DST?
There is no tenant, no lease and no operating business, so nothing arrives from operations between purchase and sale.[2] Value turns on whether and when the acreage or its finished lots sell to builders. Entitlement and site-work progress inside Jubilee, homebuilder demand in Santa Rosa County, and carrying costs such as property taxes during the hold drive the outcome, with no rent to cushion a delay.
Chapter 9Adams Homes seeks to develop on 500 acres once owned by JubileeLocal Pensacola News Journal article reports Garden Street Communities (an Adams Homes subsidiary) filed plans to develop ~1,500 homes on 503 acres purchased in 2024 from Jubilee Development Group, an underlying-property transaction within the broader Jubilee MPC that backs the Florida Growth 2 - Jubilee DST. Walton Global Expands DST Program with New Florida Growth OfferingWalton Global announced the launch of Florida Growth 2 - Jubilee, a DST focused on pre-development residential land inside the active Jubilee master-planned community in Santa Rosa County, FL (Pace).