Toll Brothers, Inc. - TOL STOCK NEWS

Toll Brothers (NYSE:TOL) has announced the upcoming opening of its new communities, Viewpoint and Westridge at Metro Heights in Montebello, Los Angeles County. Pre-model sales begin on May 21, 2022, with pricing starting from $1.8 million. The master-planned community offers luxury homes with stunning views, featuring two-to-three-story designs with 5 to 7 bedrooms. Amenities include a 10,000 sq ft recreation center, pools, and parks. Homebuyers can expect energy-efficient features without Mello Roos taxes.

Toll Brothers, a leading luxury home builder, has announced the opening of a new model home in its Preserve at Beacon Lake community in St. Johns County, Florida. This 3,171 square-foot Delmore Elite model features an extensive design including a spacious great room and well-equipped kitchen. Homes in this community start from the $500,000s and offer various designs and amenities such as a fitness center, swimming pool, and an active community lifestyle. The sales center is open daily for tours.

Toll Brothers Apartment Living has announced the grand opening of Aster, a new 22-story luxury apartment building in Dallas, TX, featuring 270 units. This project marks the firm’s ongoing expansion in Texas, with plans for nearly 3,000 additional residences across eight projects by the end of 2022. Aster offers high-end amenities, including a fitness center, concierge services, and a sky lounge, and has been designed to enhance the residential neighborhood experience. The company is ranked 11th among multifamily developers in the U.S., having experienced a remarkable growth rate of 416% in 2021.

Toll Brothers Apartment Living has been recognized as the 11th largest multifamily developer in the U.S. by the National Multifamily Housing Council's 2022 NMHC 50. The company initiated 3,621 units in 2021, marking a remarkable 416% increase from the previous year, its highest growth period ever. This ranking emphasizes the effectiveness of Toll Brothers Apartment Living's national growth strategy and its expansion into numerous key markets.

Toll Brothers, the leading luxury home builder in the U.S., will host a conference call on May 25, 2022, at 8:30 a.m. ET to discuss its second quarter financial results for FY 2022, ending April 30, 2022. The results will be announced after market close on May 24, 2022. The call will be accessible via the company's website through the Investor Relations section. Toll Brothers is recognized for its extensive operations across 24 states and has received numerous accolades, including being named the World’s Most Admired Homebuilder by Fortune magazine in 2022.

Toll Brothers (TOL) has announced the launch of a new townhome collection at Eloise at Grant Park in Atlanta, featuring 12 townhome and 18 condominium designs. The three-story townhomes include 2 to 3 bedrooms, 2.5 to 3.5 baths, and rooftop terraces with scenic views. They are strategically located near Grant Park and less than three miles from downtown Atlanta. This development aligns with Toll Brothers' strategy to cater to modern homebuyer preferences in urban historic districts. The condominium collection is expected to launch later this year.

Oakpointe Communities has announced the pre-sale opening of Regency by Toll Brothers, a new 55+ active adult community in Puget Sound. The neighborhood will feature over 400 homes, offering luxury designs with 2-3 bedrooms and various amenities. Located in SE King County, just 30 miles from Seattle, residents will enjoy a 3.9-acre amenity center, including a clubhouse, fitness facilities, and social activities. Toll Brothers aims to create a vibrant community as part of its Ten Trails development.