TOL - Mergers and acquisitions

FORT WASHINGTON, Pa., July 08, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, through its Toll Brothers Apartment Living® rental division, and International Capital, LLC have announced a new joint venture to develop The Airedale, a three-story, 348-unit luxury multifamily rental community in Charlotte, North Carolina. The joint venture has secured a $56.8 million construction loan facility from TD Bank. The equity and debt were arranged by Toll Brothers' in-house Finance Department. Toll Brothers Apartment Living will manage the development of The Airedale. The Airedale will offer 348 apartment homes in a mix of one-, two-, and three

FORT WASHINGTON, Pa., Aug. 11, 2021 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (TollBrothers.com), the nation's leading builder of luxury homes, today announced it has acquired StoryBook Homes, a privately-held homebuilder based in Las Vegas, Nevada. Terms were not disclosed. The acquisition bolsters Toll Brothers' strong market position in the dynamic Las Vegas housing market. Founded in 2003 by Wayne Laska and his wife Catherine Laska, StoryBook Homes has built over 1,700 homes in Las Vegas since its inception. The company primarily serves first-time and move-up homebuyers with price points ranging from the mid-$200,000s to over $600,000. StoryBook Homes currently has five activ

FORT WASHINGTON, Pa., Feb. 08, 2021 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, will broadcast live on its website, www.TollBrothers.com, a conference call to discuss results for its first quarter ended January 31, 2021 and its outlook for Fiscal 2021. The event is scheduled for 8:30 a.m. (EST) on Wednesday, February 24, 2021. The Company will announce first quarter FY 2021 results for earnings, revenues, contracts and backlog after the market close on Tuesday, February 23, 2021. The call will be hosted by Douglas C. Yearley, Jr., chairman, president and chief executive officer. The call can be accessed through the Investor Relations p

FORT WASHINGTON, Pa., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL) (www.TollBrothers.com), a leading U.S. builder of luxury homes, through its Toll Brothers Campus Living rental division, and Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, today announced the formation of a new joint venture to develop Canvas, a 263-unit, 826-bed luxury student housing community adjacent to Arizona State University (ASU) in Tempe, AZ. Toll Brothers Campus Living develops communities that combine modern amenities and strategic community design to fit the needs and lifestyle of students. The joint venture is excited

FORT WASHINGTON, Pa., Dec. 09, 2020 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (www.TollBrothers.com), the nation's leading builder of luxury homes, today announced that its Board of Directors has approved a quarterly cash dividend to shareholders. The dividend of $0.11 per share will be paid on January 22, 2021 to shareholders of record on the close of business on January 8, 2021. Toll Brothers, Inc., A FORTUNE 500 Company, is the nation's leading builder of luxury homes. The Company began business over fifty 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, mov

FORT WASHINGTON, Pa., Dec. 07, 2020 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (www.TollBrothers.com), the nation’s leading builder of luxury homes, today announced results for its fourth quarter ended October 31, 2020. FY 2020’s Fourth Quarter Financial Highlights (Compared to FY 2019’s Fourth Quarter): Net income and earnings per share were $199.3 million and $1.55 per share diluted, compared to net income of $202.3 million and $1.41 per share diluted in FY 2019’s fourth quarter.Pre-tax income was $267.0 million, compared to $272.6 million in FY 2019’s fourth quarter.Home sales revenues were $2.50 billion, up 9%; home building deliveries were 2,940, up 10%.Net signed contract v

FORT WASHINGTON, Pa., Dec. 03, 2020 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL) (www.TollBrothers.com), the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living® rental subsidiary, and PGIM Real Estate have announced the formation of a new joint venture to develop The Laurent, a 525-unit luxury apartment community in Cambridge, Massachusetts which will include 426 market rate and 99 affordable units. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.4 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU). The joint venture has secured a $142 million construction loan facility