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Stock impact report

Toll Brothers Apartment Living® Breaks Ground on Vermeer, a Luxury Multifamily Rental Community in Buzzard Point Overlooking Audi Field

Toll Brothers, Inc. (TOL) 
Last toll brothers, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NYSE Investor Relations: tollbrothers.com/investor-relations
Company Research Source: GlobeNewswire
WASHINGTON, March 15, 2023 (GLOBE NEWSWIRE) -- Toll Brothers Apartment Living®, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and joint venture partner CrossHarbor Capital Partners, broke ground last week on Vermeer, a 13-story, 501-unit multifamily rental and mixed-use community in Washington, DC The project is being financed through a construction loan facility from Bank OZK. The March 8 groundbreaking celebration was hosted adjacent to the construction site at the Cambria Hotel and was attended by senior executives from Toll Brothers Apartment Living, CrossHarbor Capital Partners, development partners, and local officials. Vermeer began site work in late 2022 and is anticipated to open in 2024. “We are excited to add Vermeer to our growing portfolio of luxury rental communities in Washington, DC,” said Michael Skena, Mid-Atlantic Regional Director of Acquisitions and Development for Toll Brothers Apartment Living. “Tol Show less Read more
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