SCOTTSDALE, Ariz. – Walton, a leading land asset management and global real estate investment company, has completed a 39-acre sale with the largest homebuilder by volume in the U.S., D.R. Horton, in Central Florida’s desirable Ridgewood Lakes, a master-planned community in the city of Davenport. This transaction, intended for residential home development, complements an earlier closing with D.R. Horton, and represents the kick-off of close to 2,000 acres of future land closings and development that are expected to occur in phases under a series of option agreements between Walton and D.R. Horton over the coming months and years. Land development and vertical construction is expected to begin in the summer of 2022 on several phases, following behind the adjacent Atria at Ridgewood Lakes, which D.R. Horton is building in as well.