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Toll Brothers, Inc. is an American homebuilding company that builds, markets, and finances for residential and commercial properties in the United States. [ 2 ] [ 3 ] In 2020, the company was the fifth largest home builder in the United States, based on homebuilding revenue.
Robert Irwin Toll [1] was born to a Jewish family, the son of Sylvia (née Steinberg) [2] [3] and Albert Toll, he grew up in Elkins Park, Pennsylvania. [1] His father, who emigrated from Ukraine, [4] was a millionaire investor who lost everything in the stock market crash of 1929. [5]
Toll Brothers is also working to keep prices lower for potential buyers. Read more: How to buy a house in 2023. During the fourth quarter, the homebuilder signed 2,038 net contracts at an average ...
Even Toll Brothers , which specializes in luxury homes and has a wealthy, less rate-sensitive clientele, isn’t immune to discounting. In an earnings report released this week, the company said ...
Toll Brothers offered a similar rosy outlook. Toll expects to boost its housing stock, delivering between 8,900 and 9,500 homes, up 700 homes from the midpoint of its previous guidance ...
Toll Brothers' 2007 revenue totaled 4.65 billion, and the employee count in 2007 was 4,329. The company builds 7,000 homes annually, not 8,000. Toll Brothers has about 400 communities, not 300. The company builds in 22 states, not 24. New Hampshire and Missouri have appeared on the wikipedia list but Toll Brothers has never built in those states.
Toll Brothers’ stock is having a good year despite uncertainty over when the Federal Reserve will cut rates. One major factor is the homebuilder's luxury positioning in the market.
Toll Brothers later expanded into building “active-adult” communities for the elderly affluent and urban high-rises for the newly affluent (Toll Brothers City Living). [7] In 1998, Toll sold 5 million shares of Toll Brothers for $186.6 million although still remaining its second largest shareholder and vice-chairman. [4] [8] In November ...
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