Arizona real estate company adds more land for Loveland homes

Arizona real estate company Walton has added to its Loveland land holdings with the purchase of 113 acres at the crossroads of Campion and South Lincoln Avenue in Loveland. 

Walton — which has no connection to Walton Street Capital that owned Foothills mall in Fort Collins — has a letter of intent with a national homebuilder for the property known as Lincoln.

Entitlement and construction likely will not begin until 2022.

The property is five minutes from downtown Loveland and 25 minutes from downtown Fort Collins. 

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Walton Executive Vice President Barry Dluzen said Walton is working with national builders in growing markets throughout the country where it acquires land using an exit-focused strategy that gives the builder the right of first refusal to buy and develop parcels.

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