Toll Brothers, Inc. acquired 86 acres off Route 422 in Upper Providence for $13 million.
January 26, 2012 at 11:00 pm EST
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Toll Brothers, Inc. (NYSE:TOL) acquired 86 acres off Route 422 in Upper Providence for $13 million in cash on January 27, 2012.
Toll Brothers, Inc. (NYSE:TOL) completed the acquisition of 86 acres off Route 422 in Upper Providence on January 27, 2012.
Toll Brothers, Inc. is a builder of luxury homes. The Company designs, builds, markets, sells and arranges financing for an array of luxury residential single-family detached home, attached home, master-planned, and urban low-, mid-, and high-rise communities. The Company operates its own architectural, engineering, mortgage, title, land development, insurance, smart home technology and landscaping subsidiaries. It also develops master-planned and golf course communities as well as operate, in certain regions, its own lumber distribution, house component assembly and manufacturing operations. The Company also caters to urban and suburban renters under the brand names Toll Brothers Apartment Living and Toll Brothers Campus Living. It designs, builds, markets, and sells high-density, high-rise urban luxury condominiums with third-party joint venture partners through Toll Brothers City Living (City Living). The Company operates in approximately 24 states and in the District of Columbia.