Jubilee
Pre-development land (residential, within mixed-use MPC) property in Pace, Florida — sponsored by Walton Global
All-equity/no debt (0% LTV); MPC under active development w/ national homebuilders; launched Jul 2025
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These links support the public record as a whole; individual details may come from different 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, 2025.3 There is no tenant and no rent; the outcome rests on a future land sale.4
Minimum investment
$100k
Offering size
$9.5M
How much has sold
None sold yet
Financing
Leveraged. This offering reports mortgage debt on the property.
Sponsor-reported, from SEC filings and cited 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 labels the parcel Section J and proposes 843 single-family lots.2 Walton Global announced the offering on July 22, 2025.3 No primary deed or parcel record for this tract was located in the public sources reviewed.
- 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?
Pre-development land carries no tenant, no lease and no operating business, and none appears anywhere in this record. A third-party listing page describes the Trust as non-operating, with no rental income and investor proceeds tied to a future disposition.4 What an investor receives therefore depends on a land sale rather than on rent.
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, and the single notice on record names no lender.1 Walton Global describes its DST program as all-equity land investments positioned for future development.3 A third-party listing page dated August 5, 2026 also reports no trust-level debt; the classification shown below reads otherwise, and the public record does not resolve the conflict.4
- 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 as an expansion of that program on July 22, 2025.3 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.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
- 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 rather than an amendment, and no later filing appears in the SEC index reviewed as of September 6, 2026.1 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.
- Legal Trust name
- Florida Growth 2 - Jubilee 1 DST
- 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?
Availability unconfirmed. Active means a filing within the past 15 months; it does not by itself establish current subscription availability.
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.
Is the offering still open?
The public record does not settle it. The only Form D was filed July 15, 2025 as an initial notice, and no later amendment appears in the SEC index as of September 6, 2026.[1] A third-party listing page for this exact Trust, last updated August 5, 2026, lists its status as closed.[4] That page is not a primary SEC record and is not reconciled to the filing. The SEC-reported amounts appear in the sales section of this page.
Does this Trust pay regular distributions?
Nothing in the public record establishes one. Undeveloped land collects no rent, and a third-party listing page describes the vehicle as non-operating, with no rental income or interim distributions and investor proceeds back-ended to disposition.[4] Any cash reaching investors would come from selling land rather than from operations. The binding 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. Walton Global's July 22, 2025 release states that, once acquired, the land is positioned for sale to a homebuilder or developer responsible for entitlements and future development.[3] The sponsor's Section J brochure names D.R. Horton, Lennar and a third-party developer as target exit counterparties.[2] The record shows no 721/UPREIT option — no path to swap Trust interests for operating-partnership units in a REIT — and no completed sale of this parcel is reported.
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 states the same minimum.[2]
Do the reported offering figures agree with each other?
No. The sponsor's Section J brochure states an offering size of $9,671,489, which differs from the total offering amount reported in the July 15, 2025 Form D.[2] The difference is not explained or reconciled anywhere 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.[4] 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).