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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.
Spec is on point . Toll Brothers delivered 4% more homes, reaching 2,492 units in the second quarter at an average price of $1 million, generating home sales revenues of approximately $2.5 billion.
Yahoo Finance Live anchors discuss third-quarter earnings for Toll Brothers. ... Home builder Toll Brothers tops earnings despite sinking orders. August 24, 2022 at 10:18 AM.
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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 2013 ...
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]
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In November 2013, Toll Brothers purchased the Shapell Homes housebuilding division of Shapell Industries for $1.6 billion; his daughter Vera's share was $690 million. [14] Vera still retains a 43 percent interest in the remainder of Shapell industries which includes over 10,000 apartments, five shopping centers, and four office buildings worth ...
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