Toll Brothers Announces New Rivercrest Townhome Community Coming Soon to Reno, Nevada

Rhea-AI Summary

Toll Brothers (NYSE:TOL) announced Rivercrest, a new luxury townhome community coming to Reno, Nevada, with sales anticipated to begin in early 2026. The community at 2650 Deweese Loop will offer three townhome designs from 1,724 to 1,899 sq ft, each featuring second-floor lofts, spacious great rooms, primary suites with walk-in closets, full-length driveways and two-car attached garages. Homes will include Designer Appointed Collections from the Toll Brothers Design Studio. Rivercrest is steps from the Truckee River and Riverwalk District and within walking distance of Idlewild Park, shops, eateries and local events. For more information, Toll Brothers provided a phone number and a website to join the interest list.

Key Figures

Townhome designs 3 designs Rivercrest community product offerings

Home size minimum 1,724 sq ft Smallest Rivercrest townhome design

Home size maximum 1,899 sq ft Largest Rivercrest townhome design

Sales timing Early 2026 Anticipated start of Rivercrest sales

Community address 2650 Deweese Loop Location of Rivercrest in Reno, Nevada

Current price $141.06 Pre-news trading price for TOL

52-week high $165.51 52-week high before this news

52-week low $86.67 52-week low before this news

Market Reality Check

$141.06 Last Close

Volume Volume 1,321,313 vs 20-day average 941,244 (relative volume 1.4). high

Technical Price 141.06 trading above 200-day MA at 120.02, indicating a strong pre-news uptrend.

Peers on Argus

While TOL was up 2.6%, key peers like NVR, PHM, DHI, LEN, and TMHC showed negative moves between about -1.6% and -3.3%, indicating stock-specific strength rather than a sector-wide move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 25	New community tours	Positive	+6.1%	Sneak peek tours for new Woodinville Square luxury townhome community.
Nov 21	New community launch	Positive	+4.3%	Announcement of Sebastian Landing waterfront luxury community in St. Augustine.
Nov 20	Sales milestone update	Positive	-0.1%	Venado Valley Carson City community reaching over 50% sold.
Nov 20	Product offering update	Positive	-0.1%	New home designs with first-floor primary bedrooms at Westover in Georgia.
Nov 20	New phase release	Positive	-0.1%	New phase of home sites at Regency at Olde Towne in Raleigh.

Pattern Detected

Recent community and product announcements often produced modest positive reactions, though several similar updates saw flat to slightly negative moves, suggesting mixed but generally constructive responses.

Recent Company History

Over the past months, Toll Brothers has frequently announced new or expanded communities, including Woodinville Square in Washington with townhomes up to 2,017+ sq ft, Sebastian Landing in Florida with homes up to 3,950+ sq ft, and additional phases or designs in Nevada, Georgia, and North Carolina. Price reactions ranged from about -0.08% to +6.14%, showing that such development news sometimes led to notable gains but also periods of muted trading.

Regulatory & Risk Context

Short Interest

3.39% of float

0% 15% 30%+

low

Short interest at 3.39% of float with 1.74 days to cover suggests limited short-squeeze risk and a relatively low level of bearish positioning.

Market Pulse Summary

This announcement details Rivercrest, a new Reno townhome community with three designs from 1,724 to 1,899 sq ft and sales targeted for early 2026. It follows a series of Toll Brothers community launches and expansions across multiple states in late 2025. Investors may track how frequently such projects reach milestones like being 50% sold, as seen at Venado Valley, and how these developments align with broader housing demand and pricing trends.

Key Terms

townhomes technical

"Rivercrest will offer luxury townhomes in a coveted location near the Truckee River"

Townhomes are multi-story residential buildings that are connected side-by-side in a row, sharing walls with neighboring homes. They often resemble houses but are typically smaller and more affordable, making them popular choices for urban and suburban living. For investors, townhomes can offer a steady stream of rental income and potential appreciation, especially in areas with strong demand for convenient, community-oriented housing.

primary bedroom suites technical

"impressive primary bedroom suites with walk-in closets."

Primary bedroom suites are the main, most spacious bedrooms in a home, often featuring additional amenities like private bathrooms or walk-in closets. They are important to investors because they can influence a property's appeal and value, making homes with luxurious or well-designed primary suites more attractive to buyers and potentially increasing resale worth.

Designer Appointed Collections technical

"Homes within Rivercrest will feature Designer Appointed Collections from the Toll Brothers"

"Designer appointed collections" are carefully curated groups of items or assets selected by a designated expert or team, often to showcase quality, style, or value. For investors, understanding these collections can signal a focus on premium or specialized offerings, potentially indicating a strategic emphasis on high-quality assets that may influence market perception or future performance.

Toll Brothers Design Studio technical

"Designer Appointed Collections from the Toll Brothers Design Studio, a selection of fixtures"

Toll Brothers Design Studio is a service that offers customized interior design options for new homes, allowing buyers to personalize their living spaces. For investors, it can enhance the appeal and value of a property by making it more attractive to potential buyers who seek turnkey solutions. This service helps builders differentiate their offerings in a competitive market, potentially leading to higher sales prices and faster sales.

Riverwalk District technical

"Old Southwest neighborhood, just steps from the Truckee River and the vibrant Riverwalk District."

A riverwalk district is a scenic area along a river or waterfront, often featuring parks, shops, restaurants, and walking paths. It attracts visitors and locals alike, boosting nearby property values and economic activity. For investors, such districts can signal vibrant, community-focused locations that may enhance real estate and business opportunities.

two-car attached garages technical

"Full-length driveways and two-car attached garages will provide convenience"

A two-car attached garage is a building space connected directly to a house that can hold two vehicles side by side. It often adds convenience and value to a home, making it easier for residents to park and access their cars, especially in bad weather. For investors, properties with attached garages can be more attractive to buyers, potentially increasing resale value and appeal in the real estate market.

great rooms technical

"second-floor lofts, spacious great rooms, and impressive primary bedroom suites"

Great rooms are large, open spaces within a building or facility that are designed to serve multiple purposes, such as hosting events, gatherings, or activities. They matter to investors because their size and flexibility can enhance a property's appeal and functionality, potentially increasing its value and attractiveness to tenants or buyers. Think of them as versatile hubs that can adapt to different needs, making a space more valuable and useful.

exclusive enclave technical

"This exclusive enclave of luxury townhomes will offer home shoppers an exceptional"

An exclusive enclave is a private area or community that is limited to a select group of people, often offering special access, amenities, or privileges not available to the general public. For investors, it represents a limited and controlled space that can influence market dynamics, supply, and demand, potentially impacting the value or accessibility of assets within or connected to that area.

AI-generated analysis. Not financial advice.

Rivercrest will offer luxury townhomes in a coveted location near the Truckee River and Riverwalk District

RENO, Nev., Dec. 04, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest community, Rivercrest, is coming soon to Reno, Nevada. This exclusive enclave of luxury townhomes will offer home shoppers an exceptional opportunity to live in the historic Old Southwest neighborhood, just steps from the Truckee River and the vibrant Riverwalk District. Sales are anticipated to begin in early 2026.

Rivercrest will feature three meticulously crafted townhome designs ranging from 1,724 to 1,899 square feet, each with versatile second-floor lofts, spacious great rooms, and impressive primary bedroom suites with walk-in closets. Full-length driveways and two-car attached garages will provide convenience and functionality for homeowners. Homes within Rivercrest will feature Designer Appointed Collections from the Toll Brothers Design Studio, a selection of fixtures and finishes in an array of design styles for a complete designer-inspired look.

"Rivercrest represents a unique opportunity to live in one of Reno's most desirable locations, surrounded by urban convenience and natural beauty," said Donna O’Connell, Division President of Toll Brothers in Reno. "With thoughtfully designed townhomes, a selection of designer features already included, and a prime location near the Truckee River, this community will provide an exceptional lifestyle for our homeowners."

Residents will enjoy world-class options for recreation and entertainment just a stroll or short drive away, while tree-lined streets and meandering riverbanks add a tranquil touch to the area’s bustling appeal. Rivercrest is within walking distance to the unique shops and eateries, lively events, and thriving local arts scene in the Riverwalk District. Idlewild Park, with its Food Truck Fridays and Riverside Farmers Market, is also within walking distance to the community.

This future Toll Brothers community will be located at 2650 Deweese Loop in Reno. For more information and to join the Toll Brothers interest list for Rivercrest, call (855) 400-8655 or visit TollBrothers.com/NV.

About Toll Brothers

Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.

Toll Brothers has been one of Fortune magazine's World's Most Admired Companies™ for 10+ years in a row, and in 2024 the Company's Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron's magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.

From Fortune, ©2025 Fortune Media IP Limited. All rights reserved. Used under license.

Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/1fb3e2f6-1a3d-4ef9-92a5-e0cf263dbae0

https://www.globenewswire.com/NewsRoom/AttachmentNg/c51a9de4-a54b-4409-bb5e-c8c8c9449672

https://www.globenewswire.com/NewsRoom/AttachmentNg/c9f1dae3-9e85-4d95-8833-5d66475ebc22

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)

FAQ

When will Toll Brothers (TOL) begin sales for Rivercrest in Reno?

Sales are anticipated to begin in early 2026.

What sizes and floorplans will Rivercrest townhomes (TOL) offer in Reno?

Rivercrest will offer three designs ranging from 1,724 to 1,899 square feet with second-floor lofts and two-car attached garages.

Where in Reno is Toll Brothers' Rivercrest community (TOL) located?

Rivercrest will be located at 2650 Deweese Loop, near the Truckee River and the Riverwalk District.

What included design features will Toll Brothers (TOL) provide at Rivercrest?

Homes will feature Designer Appointed Collections from the Toll Brothers Design Studio with selection of fixtures and finishes.

How can interested buyers join the interest list for Rivercrest by Toll Brothers (TOL)?

Call (855) 400-8655 or visit TollBrothers.com/NV to join the interest list.