Welcome to our dedicated page for Toll Brothers news (Ticker: TOL), a resource for investors and traders seeking the latest updates and insights on Toll Brothers stock.
Toll Brothers, Inc. builds luxury homes and residential communities across U.S. markets. News about TOL commonly covers new community openings, model-home grand openings, final sales opportunities, and planned collections of single-family homes, townhomes, and condominiums in regional markets such as Florida, Georgia, California, Texas, and Connecticut.
The company’s recurring updates also describe home designs, community amenities, buyer categories, and related operations in architecture, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing. Earnings announcements and conference-call notices add periodic reporting on home sales, deliveries, contracts, backlog, margins, and other homebuilding operating measures.
Toll Brothers has acquired StoryBook Homes, a Las Vegas-based homebuilder, enhancing its presence in the local housing market. This acquisition, which involves an undisclosed financial arrangement, adds over 550 lots and strengthens Toll Brothers' offerings for first-time and move-up buyers, with prices between $200,000 and $600,000. StoryBook's operations will continue under its brand, led by current President Janet Love. Toll Brothers operates 16 luxury home communities in Las Vegas, with prices ranging from $400,000 to $1.3 million.
Toll Brothers, the leading builder of luxury homes in the U.S., will host a conference call on August 25, 2021, at 8:30 a.m. ET to discuss its third-quarter financial results for the period ending July 31, 2021. The results will be announced after market close on August 24. Interested parties can access the call via the Investor Relations section of Toll Brothers' website. This year marks the 10th consecutive year the company has been included in FORTUNE's World’s Most Admired Companies list.
Toll Brothers has announced the launch of Stone Creek Ranch, a new luxury gated community in La Quinta, California. This development will feature 70 single- and two-story homes, with sizes ranging from 2,800 to 4,000 square feet, offering 3 to 5 bedrooms and innovative designs. Each home will include a pool, with pricing expected to start in the low $800,000s. Situated near PGA West, residents will have access to exceptional dining and recreational activities. Toll Brothers aims to deliver modern aesthetics and quality craftsmanship in this upscale setting.
Toll Brothers has launched Overlook at Hillcrest, a luxury home collection in Porter Ranch, California, with model homes ready this fall. This community features modern home designs with sizes ranging from 3,600 to 3,700 sq. ft., starting at $1.6 million. Ridge at Hillcrest, another collection, will open soon, offering homes from 3,900 to over 5,000 sq. ft. at anticipated prices starting at $1.8 million. Both collections promise no Mello Roos, access to top local schools, a future community park, and low property taxes.
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Toll Brothers has announced the development of the 108-acre Mercer Crossing in Ashburn, Virginia, including a donation of four acres to the Loudoun Freedom Center for educational facilities. The project aims to address the housing needs of Loudoun County with mixed-use components, including affordable housing and public spaces. The development plans are subject to rezoning and approvals by the Loudoun County Board. This initiative reflects both a commitment to community needs and the preservation of local history.
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