Toll Brothers, Inc. - TOL STOCK NEWS

Toll Brothers Apartment Living, in partnership with Equity Residential, has launched Lyle, a new 334-unit luxury community in Dallas, Texas, located at 17727 Addison Road. This third Dallas community from Toll Brothers features a range of studio, one-, two-, and three-bedroom apartments with modern amenities such as quartz countertops, smart home technology, and private outdoor spaces in select units. Upscale shared amenities include a resort-style pool, a sky lounge with city views, a fitness center, and a coworking lounge with a Starbucks coffee bar. The community is designed to meet LEED Gold certification standards and features EV charging stations. Lyle is conveniently located near the Dallas North Tollway, offering easy access to local dining, shopping, and entertainment destinations as well as major employment centers. The project was financed by a $55.6 million construction loan from Santander Bank and began construction in 2022.

Toll Brothers (NYSE: TOL) announces the grand opening of three new model homes at its Retreat at Town Center community in Palm Coast, Florida, emphasizing serene water and preserve views for an ideal Florida lifestyle. The homes, located at 27 Mahogany Way, include the Ella, Sailor, and Egret models, reflecting Toll Brothers' high-quality craftsmanship and design. The community offers luxury paired villas and single-family homes, with options for first-floor primary bedrooms, loft and office spaces, and 2-car garages. Sizes range from 1,503 to 2,540+ square feet, with 2-4 bedrooms and 2-4 baths, starting at $334,995. Residents benefit from proximity to Flagler Beach, outdoor recreation, and shopping and dining in Palm Coast. Convenient access to nearby cities is available via Interstate 95. Potential buyers can personalize their homes through the Toll Brothers Design Studio.

Toll Brothers (NYSE:TOL) announced that Chairman and CEO Douglas C. Yearley, Jr. has been named one of the Top CEOs of 2024 by Barron’s magazine. The recognition highlights Yearley's effective management strategies that have significantly positioned the company for success. The strategy to target affluent first-time homebuyers and well-to-do move-up buyers has resulted in notable profitability. Toll Brothers' margins are among the highest in the industry, and the company’s stock has achieved a one-year return of 64.4%. Toll Brothers Board Member Scott Stowell praised Yearley for his leadership and the team’s commitment to quality craftsmanship and customer service.

Toll Brothers (NYSE:TOL) has announced the opening of its latest luxury home community, Toll Brothers at The Nations, located in Nashville, Tennessee. This new development consists of two collections: 78 two-level condominiums ranging from 1,500 to 2,500+ sq. ft., and 29 three-story townhomes varying from 2,000 to 2,100+ sq. ft. The condominiums are priced from the low $500,000s, while the townhomes start in the mid-$600,000s. The community is strategically situated three miles from Downtown Nashville and offers easy access to shopping, dining, major employment centers, and recreational areas. A fully furnished model home is available for tours, with another model home expected to open in spring 2025.

Toll Brothers City Living, in cooperation with Sculptor Real Estate, announced the completion of The Rockwell, a luxury condominium at 103rd Street and Broadway, Manhattan. The Rockwell offers 81 high-end units designed by Hill West with interiors by Whitehall Interiors. The residences range from one to three bedrooms, priced between $989,000 and $3,500,000. With over 40% of the units sold, the building features amenities such as a residents' lounge, fitness studio, pet wash, music room, screening room, and rooftop terrace. The location is advantageous, being near the 103rd Street subway station, Columbia University, and Riverside Park. Interested buyers can visit the on-site sales gallery at 218 West 103rd Street or contact via the provided details.

Toll Brothers (NYSE:TOL), a leading luxury home builder, announced the launch of a new gated phase at Bartram Ranch in St. Johns, Florida. Two new model homes are open for tours. The new phase offers home designs with large yards, featuring homes from 2,447 to over 3,884 square feet, with prices starting in the low $600,000s. Bartram Ranch, located south of Jacksonville, provides easy access to local amenities, top-rated schools, and Atlantic Ocean beaches. The community boasts a clubhouse, pool, fitness center, and more. The Toll Brothers Design Studio offers personalized home design options.

Toll Brothers (NYSE:TOL), a leading luxury home builder, has unveiled two new model homes at New Talley Station in Decatur, Georgia. These homes, part of the Stacks Collection, include a one-story Dalton model with 2 bedrooms, 2 baths, and over 1,122 square feet of living space, and a two-story McKoy model with 2 bedrooms, 2.5 baths, and over 1,549 square feet. Priced from the mid-$400,000s for condos and mid-$700,000s for townhomes, the homes boast modern designs and high-end finishes. New Talley Station offers a small-town feel with community lawns and private outdoor amenities, along with proximity to Decatur's top schools, restaurants, and recreational activities.

Toll Brothers (NYSE:TOL), a leading builder of luxury homes in the U.S., has announced a quarterly cash dividend. The dividend is set at $0.23 per share and will be distributed on July 19, 2024, to shareholders who are recorded as of the close of business on July 5, 2024. This reflects the company's ongoing commitment to returning value to its shareholders.

Toll Brothers (NYSE:TOL), a leading luxury home builder, announced a new community called Millstone in Cary, North Carolina, set to open for sale in fall 2024. Millstone will feature 62 single-family homes with designs offering 4-5 bedrooms, up to 5.5 bathrooms, and expansive living spaces of over 5,000 square feet. Prices will start from $1.1 million. The community boasts a prime location near top-rated schools, shopping, dining, and outdoor recreation. The Toll Brothers Design Studio will provide personalized home design options. Cary is ranked #2 in Livibility.com's Top 100 Best Places to Live in the U.S.