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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.
Toll Brothers delivered 2,524 homes in the third quarter, up 5% from the same period last year. ... Demand for spec homes made up about 40% of Toll Brothers' home orders in the quarter.
In 2013, Inspired by Somerset Development officially secured ownership of the Bell Labs site and signed a deal with Toll Brothers to sell 103 acres of land to develop 225 homes on a portion of the property between the main building and Crawfords Corner Road while retaining the entirety of the Eero Saarinen-designed structure (Bacevice et al ...
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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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.
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