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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, Inc. (NYSE: TOL) announced the development of a new luxury home community, Toll Brothers at Crystal Valley, in Castle Rock, Colorado, set to open in summer 2023. This master-planned resort community will feature oversized home sites with valley views and four distinct luxury home designs starting in the mid-$900,000s. Residents will enjoy access to top-rated Douglas County schools and amenities including a clubhouse, fitness center, and miles of trails. The location offers convenient access to major highways and recreational facilities.
Toll Brothers announced the opening of the Overlook Collection at Montaine in Castle Rock, Colorado, set for early 2023. This collection features four luxury home designs, with prices starting in the mid-$700,000s. Montaine offers resort-style amenities including a clubhouse, pool, and numerous trails, all while being situated in a highly-rated school district. The community is conveniently located near shopping and dining options, enhancing its appeal for potential home buyers.
Toll Brothers Apartment Living has topped out Broad & Noble, an 18-story, 344-unit luxury mixed-use community in Philadelphia. This development, scheduled for initial occupancy in summer 2023, encompasses over 282,000 square feet, including retail space. The project is funded by a $100.2 million construction loan from Wells Fargo. With high-end finishes and state-of-the-art amenities, Broad & Noble aims to enhance rental offerings in the vibrant North Philadelphia area, attracting urban renters and contributing to the local economy.
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Toll Brothers, the leading luxury home builder, will hold a conference call on December 7, 2022, at 8:30 a.m. ET to discuss its fourth-quarter results for FY 2022, which will be released after market close on December 6, 2022. Interested parties can access the call live via the company's website. Toll Brothers operates in over 60 markets across 24 states and serves various buyer segments. Recognized for excellence, it has received multiple accolades, including being named the World's Most Admired Homebuilder for seven consecutive years by FORTUNE magazine.
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Toll Brothers has launched two luxury home communities in Long Island, New York: Manhasset Crest and Toll Brothers at Dix Hills. Manhasset Crest features 46 home sites with prices starting at $3 million, offering six home designs over 5,000 square feet. The model home is expected to be completed by late spring 2023. Toll Brothers at Dix Hills has 30 home sites starting at $2 million, with a model home opening in summer 2023. Both communities provide easy access to major transportation routes, emphasizing luxury homebuyer experience with customization options.