Toll Brothers Announces Rivercrest Model Home Grand Opening in Reno, Nevada
Rhea-AI Summary
Toll Brothers (NYSE:TOL) announced the Model Home Grand Opening at its new Rivercrest luxury townhome community in Old Southwest Reno, Nevada. The event will be held on Saturday, August 22, 2026, from 11:00 a.m. to 3:00 p.m. at 2650 Deweese Loop.
Rivercrest offers three townhome designs ranging from 1,712 to 1,882 square feet, with 3–4 bedrooms, primary suites with walk-in closets, second-floor lofts, and two-car attached garages with full-length driveways. Homes feature landscaped backyards and Designer Appointed Collections, with pricing starting from the upper $500,000s. The community is located near the Truckee River, Idlewild Park, Riverside Farmers Market, MidTown, and the Riverwalk District.
Positive
- None.
Negative
- None.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Aug 13 | Waterfront community announcement | Positive | +0.5% | New luxury waterfront community announced with planned 2027 sales launch |
| Aug 13 | Community opening announcement | Positive | +0.5% | New luxury community opened with model home and amenities |
| Aug 11 | Community opening announcement | Positive | +2.0% | New York luxury home community opened with completed amenities |
| Aug 11 | Final inventory announcement | Positive | +2.0% | Three luxury homes remained available in a gated California community |
| Aug 10 | Final inventory announcement | Positive | -3.3% | Two quick move-in homes remained at a Georgia luxury community |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Comparable community announcements were followed by positive 24-hour reactions in four of five selected events, while one final-opportunity announcement diverged with a -3.28% reaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
New luxury townhome community in Old Southwest Reno to debut model home on Saturday, August 22, 2026
RENO, Nev., Aug. 17, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the highly anticipated Model Home Grand Opening at its Rivercrest community in Reno, Nevada. Home shoppers are invited to tour the newly decorated model home and available quick move-in homes during the grand opening event on Saturday, August 22, 2026 from 11:00 a.m. to 3:00 p.m., located at 2650 Deweese Loop in Reno.
Nestled in the historic Old Southwest neighborhood, Rivercrest offers a tranquil yet vibrant urban lifestyle. The exclusive enclave of luxury townhomes is steps from the picturesque Truckee River, and just minutes from Idlewild Park, Riverside Farmers Market, MidTown and the bustling Riverwalk District. Home shoppers will enjoy proximity to unique shops, local eateries, lively events, a thriving arts scene, and world-class recreational opportunities. Tree-lined streets and serene riverbanks further enhance the community’s appeal.
"Rivercrest is a prime example of Toll Brothers' commitment to creating luxury homes in highly desirable locations," said Donna O’Connell, Division President of Toll Brothers in Reno. "We are proud to debut our model home in this thoughtfully designed community offering the perfect combination of modern architecture, spacious living, and access to the best of Reno."
Rivercrest features three meticulously crafted townhome designs ranging from 1,712 to 1,882 square feet. Each home includes 3- to 4-bedrooms, spacious primary bedroom suites with walk-in closets, versatile second-floor lofts, and two-car attached garages with full length driveways. Landscaped backyards provide a private space for relaxation and entertaining. Toll Brothers homes in Rivercrest are priced from the upper
Homes within Rivercrest 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. Select homes will also allow home shoppers to personalize their selections at the Toll Brothers Design Studio.
The public is invited to the Model Home Grand Opening event to explore the stunning, professionally designed model home and learn more about the lifestyle offered at Rivercrest. For additional details about the event or to schedule an appointment, 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 in 1967 and became a public company in 1986 with common stock listed on the New York Stock Exchange under the symbol “TOL.” Toll Brothers builds new homes and communities in over 60 markets across the United States, serving first-time, move-up, active-adult, and second-home buyers. The Company also operates its own architectural, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing businesses.
Toll Brothers was named the #1 Most Admired Home Builder in Fortune magazine’s 2026 list of the World’s Most Admired Companies®, the ninth year the Company has achieved this honor. 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, ©2026 Fortune Media IP Limited. All rights reserved. Used under license.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/70184852-ca8b-4392-a363-63a5b5fba0cc
https://www.globenewswire.com/NewsRoom/AttachmentNg/7cb96cee-557d-4e28-b4a5-e8dbcdda3ed3
Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
