TOLL BROTHERS APARTMENT LIVING


Associated tags: NMHC, Toll Brothers, NYSE, Road transport, Interior design, EV, Senior, Hotel

Locations: PHILADELPHIA, NEW YORK, WASHINGTON, DC, BOSTON, UNITED STATES, LOS ANGELES

Toll Brothers Apartment Living Tops Out The Lindley, a Premier Apartment Community Opening in San Diego, California

Retrieved on: 
Thursday, April 4, 2024

Totaling over 800,000 square feet, The Lindley will be one of the largest multifamily communities ever developed by Toll Brothers.

Key Points: 
  • Totaling over 800,000 square feet, The Lindley will be one of the largest multifamily communities ever developed by Toll Brothers.
  • "The Lindley represents our commitment to delivering top-tier multifamily communities in sought-after locations," said John McCullough, President of Toll Brothers Apartment Living.
  • “The topping out of The Lindley represents a great milestone for Toll Brothers and our expansion in Southern California,” said Michael McCann, Managing Director of Toll Brothers Apartment Living in the West Region.
  • For more information about The Lindley by Toll Brothers Apartment Living, visit LiveTheLindley.com .

Toll Brothers Apartment Living and Willton Investment Management Announce Joint Venture to Develop 456-Unit Luxury Rental Community in Phoenix, Arizona

Retrieved on: 
Thursday, November 9, 2023

FORT WASHINGTON, Pa., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL) ( TollBrothers.com ), the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living rental division, and Willton Investment Management have announced a new joint venture to develop Lumara, a four-story, 456-unit multifamily rental community in Phoenix, Ariz.

Key Points: 
  • FORT WASHINGTON, Pa., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL) ( TollBrothers.com ), the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living rental division, and Willton Investment Management have announced a new joint venture to develop Lumara, a four-story, 456-unit multifamily rental community in Phoenix, Ariz.
  • The equity and debt were arranged by Toll Brothers’ in-house Finance Department.
  • The community will consist of 456 rental apartments and more than 700 parking spaces, including some with EV (electric vehicle) charging stations.
  • We are grateful to the entire Toll Brothers team for their diligence, professionalism, and commitment to excellence throughout the development process.”
    Including Lumara, Toll Brothers Apartment Living has six multifamily community developments completed or under construction in Arizona totaling over 2,150 units.

Toll Brothers Apartment Living and Canyon Partners Real Estate Announce New Joint Venture to Develop 400-Unit Luxury Rental Community in Mesa, Arizona

Retrieved on: 
Wednesday, November 1, 2023

FORT WASHINGTON, Pa., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL) ( TollBrothers.com ), the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living rental division, and real estate investment firm Canyon Partners Real Estate, have announced the formation of a new joint venture to develop Navona, a garden-style, 400-unit luxury multifamily rental community in the Phoenix suburb of Mesa, Arizona.

Key Points: 
  • FORT WASHINGTON, Pa., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL) ( TollBrothers.com ), the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living rental division, and real estate investment firm Canyon Partners Real Estate, have announced the formation of a new joint venture to develop Navona, a garden-style, 400-unit luxury multifamily rental community in the Phoenix suburb of Mesa, Arizona.
  • The equity and debt were arranged by Toll Brothers’ in-house Finance Department.
  • Toll Brothers Apartment Living will manage the development of Navona.
  • This is our fourth joint venture with Canyon in projects with total capitalization of nearly $500 million across a variety of markets.

Toll Brothers Apartment Living® and EJF Capital Break Ground on Henri in Downtown Phoenix, Ariz.

Retrieved on: 
Monday, July 31, 2023

PHOENIX, July 31, 2023 (GLOBE NEWSWIRE) -- Toll Brothers Apartment Living® , the rental division of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and EJF Capital have announced a joint venture to develop Henri in downtown Phoenix, Ariz.

Key Points: 
  • PHOENIX, July 31, 2023 (GLOBE NEWSWIRE) -- Toll Brothers Apartment Living® , the rental division of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and EJF Capital have announced a joint venture to develop Henri in downtown Phoenix, Ariz.
  • Construction on Henri began in July 2023 and is anticipated to be completed with first residency in 2025.
  • “We are delighted to once again partner with EJF Capital to develop a spectacular luxury apartment community in vibrant downtown Phoenix,” said John McCullough, President of Toll Brothers Apartment Living.
  • Canvas , a Toll Brothers Campus Living® community in Tempe, opened to students in 2021 and was subsequently sold in 2023.

Toll Brothers Names John A. McCullough President of its Toll Brothers Apartment Living® Multifamily Division

Retrieved on: 
Thursday, July 6, 2023

FORT WASHINGTON, Pa., July 06, 2023 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury homes, is pleased to announce John A. McCullough has been promoted to President of Toll Brothers Apartment Living® , the company's multifamily division.

Key Points: 
  • FORT WASHINGTON, Pa., July 06, 2023 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury homes, is pleased to announce John A. McCullough has been promoted to President of Toll Brothers Apartment Living® , the company's multifamily division.
  • In this role, McCullough is responsible for leading all acquisitions, development, branding, marketing, and operations across the company’s Toll Brothers Apartment Living and Toll Brothers Campus Living portfolios nationwide.
  • He will collaborate closely with the Toll Brothers team to expand Toll Brothers Apartment Living’s nationwide footprint, forge strategic partnerships, drive profitability, and help solidify its position as a leader in the multifamily industry.
  • Commenting on the appointment, Douglas C. Yearley, Jr., Chairman and Chief Executive Officer of Toll Brothers, expressed his enthusiasm, stating, "We are thrilled to elevate John McCullough to his new role as President of Toll Brothers Apartment Living.

Toll Brothers Apartment Living® and PGIM Real Estate Top Out Momentum Midtown, a New 36-Story Luxury Apartment Community in Atlanta

Retrieved on: 
Monday, May 8, 2023

ATLANTA, May 08, 2023 (GLOBE NEWSWIRE) -- Toll Brothers Apartment Living® , the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and joint venture partner PGIM Real Estate, last week celebrated the topping-out of Momentum Midtown, a new 36-story, 376-unit luxury high-rise rental apartment community in the heart of Atlanta’s vibrant Midtown neighborhood.

Key Points: 
  • ATLANTA, May 08, 2023 (GLOBE NEWSWIRE) -- Toll Brothers Apartment Living® , the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and joint venture partner PGIM Real Estate, last week celebrated the topping-out of Momentum Midtown, a new 36-story, 376-unit luxury high-rise rental apartment community in the heart of Atlanta’s vibrant Midtown neighborhood.
  • Financed with a construction loan facility from Wells Fargo Bank N.A, construction commenced in 2021 and resident occupancy is anticipated in early 2024.
  • “This was an exciting day for all members of the team as we celebrated this huge construction milestone for Momentum,” said John McCullough, President of Toll Brothers Apartment Living.
  • “The topping out of Momentum represents great progress for Toll Brothers and for the Midtown region,” said Will Chappell, Director of Development and Construction for the southeast region of Toll Brothers Apartment Living.

Toll Brothers Apartment Living® and The Davis Companies Open New Luxury Apartment Community in Midtown Phoenix

Retrieved on: 
Monday, May 1, 2023

PHOENIX, May 01, 2023 (GLOBE NEWSWIRE) -- Toll Brothers Apartment Living® , the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and joint venture partner The Davis Companies, today announced the opening of Callia, the firm’s new four-story, 403-unit luxury apartment community in Midtown Phoenix.

Key Points: 
  • PHOENIX, May 01, 2023 (GLOBE NEWSWIRE) -- Toll Brothers Apartment Living® , the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and joint venture partner The Davis Companies, today announced the opening of Callia, the firm’s new four-story, 403-unit luxury apartment community in Midtown Phoenix.
  • “We’re thrilled to open another exceptional luxury community in Midtown Phoenix.
  • This community serves the most discerning residents who seek the luxury living experience for which Toll Brothers is already well known here and nationwide,” said John McCullough, President of Toll Brothers Apartment Living.
  • Callia is the third multifamily community Toll Brothers has delivered in the Phoenix market, joining Haverly , the firm’s first foray in Midtown Phoenix that opened in 2022, and Canvas , a Toll Brothers Campus Living community in Tempe adjacent to Arizona State University, which offered first residency to students in 2021.

Toll Brothers Apartment Living® and Pondmoon Capital USA Announce the Groundbreaking of Mirra, a New Luxury Rental Community in Frisco, Texas

Retrieved on: 
Friday, March 24, 2023

A groundbreaking celebration at the construction site this week was attended by senior executives from Toll Brothers Apartment Living and Pondmoon Capital USA, local officials, as well as members of the media.

Key Points: 
  • A groundbreaking celebration at the construction site this week was attended by senior executives from Toll Brothers Apartment Living and Pondmoon Capital USA, local officials, as well as members of the media.
  • “It’s sheer joy to commence yet another great development with Toll Brothers,” said Patrick Chen, CEO of Pondmoon.
  • Remy, a five-story, 357-unit multifamily rental community in Frisco, broke ground in February 2022 and is anticipated to open this fall.
  • Kilby, another Frisco community, was completed in 2021 and consists of 258 luxury units.

Toll Brothers Apartment Living and Harris Realty Company LLC Announce Joint Venture to Develop 393-Unit Luxury Rental Community in Norwalk, Connecticut

Retrieved on: 
Tuesday, March 21, 2023

FORT WASHINGTON, Pa., March 21, 2023 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL) ( TollBrothers.com ), the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living rental division, and Harris Realty Company LLC have announced a new joint venture to develop Piper, a six-story, 393-unit multifamily rental community in Norwalk, Conn.

Key Points: 
  • FORT WASHINGTON, Pa., March 21, 2023 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL) ( TollBrothers.com ), the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living rental division, and Harris Realty Company LLC have announced a new joint venture to develop Piper, a six-story, 393-unit multifamily rental community in Norwalk, Conn.
  • The project is being financed through a $136 million construction loan facility from Wells Fargo N.A.
  • The equity and debt were arranged by Toll Brothers’ in-house Finance Department.
  • Toll Brothers’ quality home building skills and reputation align with our standard for excellence.”
    For future updates and information regarding this community, please visit TollBrothersApartmentLiving.com .

Toll Brothers Apartment Living® Breaks Ground on Vermeer, a Luxury Multifamily Rental Community in Buzzard Point Overlooking Audi Field

Retrieved on: 
Wednesday, March 15, 2023

“We are excited to add Vermeer to our growing portfolio of luxury rental communities in Washington, DC,” said Michael Skena, Mid-Atlantic Regional Director of Acquisitions and Development for Toll Brothers Apartment Living.

Key Points: 
  • “We are excited to add Vermeer to our growing portfolio of luxury rental communities in Washington, DC,” said Michael Skena, Mid-Atlantic Regional Director of Acquisitions and Development for Toll Brothers Apartment Living.
  • “Toll Brothers has been building homes in this market for nearly thirty years.
  • Vermeer is Toll Brothers Apartment Living’s fourth transit-oriented development within Washington, DC, located within easy walking distance of both the Navy Yard and Waterfront Metro Stations.
  • With sumptuous living spaces, welcoming hospitality offerings, and brilliant experiences to explore, Vermeer is a connected, expressive community at the forefront of southwest Washington’s emerging Buzzard Point neighborhood.