Content about Toll Brothers

January 22, 2014

In a joint venture with private equity firm GTIS Partners, Toll Brothers has announced its plans to acquire Sienna South, the last major undeveloped parcel of Houston master-planned community Sienna Plantation.

November 14, 2013

For $1.6 billion, Toll Brothers has agreed to purchase Beverly-Hills-based Shapell Industries, a family-owned luxury home-building business founded by the late Auschwitz survivor Nathan Shapell.

The deal, which seeks to greatly expand (more than double) Toll Brothers' burgeoning California presence, includes Shapell's land portfolio of roughly 5,200 home sites in many lucrative coastal communities that are difficult to obtain.

November 7, 2013

Toll Brothers is expanding its footprint in California through the purchase of Shapell Industries' home building business.

"This acquisition will provide significant growth over the coming years and, we believe, will be accretive to earnings in the first year, excluding transaction costs," said Douglas Yearley, Toll Brothers chief executive.

February 21, 2013

The nation's single-family housing market is springing back to life, and the luxury market is budding right along with it.

Luxury homes have received a healthy boost from historically low mortgage rates, increased buyer confidence and burgeoning interest from foreign investors looking to capitalize on favorable exchange rates.

One bellwether of the recovery: Toll Brothers, the largest luxury home builder in the United States, reported that fourth-quarter revenues (ended Oct. 31, 2012) were up 48%, and new orders were the highest level seen since 2006.

January 4, 2013

Hyphen Solutions has appointed Ken Pinto, a former supply chain executive for Toll Bros. and other national home builders, as its VP supply chain. Pinto brings 21 years of supply chain management expertise to Hyphen's real estate and software management team. He most recently served as the director of supply chain at Toll Bros. and has held similar positions at Standard Pacific and Pulte Homes. Pinto also heads the Supply Chain Benchmark Group, which is a coalition of the purchasing leaders of some of the largest home builders in the United States.

December 4, 2012

The Horsham, Pa.-based luxury home builder Toll Brothers has posted a fourth-quarter profit of $411.4 million, compared with $15.0 million in profits in the same quarter in 2011. The 2012 results included a net tax benefit of $350.7 million.

Fourth-quarter revenues of $632.8 million increased 48% compared with a year ago. Home-building deliveries of 1,088 units increased 44% in units compared with the previous year. The price of homes delivered was $582,000 in the fourth quarter, compared with $565,000 in fourth quarter of fiscal 2011.

May 25, 2012

The Horsham, Pa.-based luxury homebuilder Toll Brothers returned to a profit in the second quarter amid signs of strengthening home-building market.

The company posted a profit of $16.9 million in the quarter, compared to a loss of $20.8 million in the same quarter last year. Revenue rose 17% to $373.7 million.

May 25, 2012

The Horsham, Pa.-based luxury homebuilder Toll Brothers returned to a profit in the second quarter amid signs of strengthening home-building market.

The company posted a profit of $16.9 million in the quarter, compared to a loss of $20.8 million in the same quarter last year. Revenue rose 17% to $373.7 million.

November 23, 2011

Luxury home builder Toll Brothers has announced the acquisition of CamWest Development, one of the largest privately held home-building companies in the Pacific Northwest. The purchase price, which was not disclosed, was paid in cash.

November 23, 2011

Luxury home builder Toll Brothers has announced the acquisition of CamWest Development, one of the largest privately held home-building companies in the Pacific Northwest. The purchase price, which was not disclosed, was paid in cash.

October 21, 2011

Luxury home builder Toll Brothers has partnered with EchoFirst, a solar energy provider, to build new communities in Arizona that provide a complete solar energy system for water, heating and cooling. EchoFirst supplements conventional solar electric PV panels with solar thermal technology that generates electricity for hot water, as well as thermal energy for heating and cooling the home. This enables Toll Brothers to offer homes that use 70% to 80% less energy than a standard code-built home, according to the announcement.

October 21, 2011

Luxury home builder Toll Brothers has partnered with EchoFirst, a solar energy provider, to build new communities in Arizona that provide a complete solar energy system for water, heating and cooling. EchoFirst supplements conventional solar electric PV panels with solar thermal technology that generates electricity for hot water, as well as thermal energy for heating and cooling the home. This enables Toll Brothers to offer homes that use 70% to 80% less energy than a standard code-built home, according to the announcement.

August 31, 2011

Home-building businesses may be at risk for consolidation if home sales don’t pick up soon, according to an analysis by the Wall Street Journal.

August 31, 2011

Home-building businesses may be at risk for consolidation if home sales don’t pick up soon, according to an analysis by the Wall Street Journal.

August 25, 2011

Luxury home builder Toll Brothers reported mixed results for its third fiscal quarter, with profits up but revenues down as cancellations increased and orders for new homes slowed.

Net earnings for the third quarter, which ended July 31, were $42.1 million, a 54% increase, but they included a one-time tax benefit of $38.2 million. This compares with net income of $27.3 million in the same period a year ago, which included a $26.5 million tax benefit. 

June 2, 2011

When luxury home builder Toll Brothers posted its second-quarter earnings, executive chairman Robert Toll questioned the accuracy of the media's reporting on home prices. 

June 2, 2011

When luxury home builder Toll Brothers posted its second-quarter earnings, executive chairman Robert Toll questioned the accuracy of the media's reporting on home prices. 

May 25, 2011

Luxury home builder Toll Brothers reported a net loss of $20.8 million for its second fiscal quarter, which ended April 30, compared with losses of $40.4 million in the same quarter in 2010.

May 25, 2011

Luxury home builder Toll Brothers reported a net loss of $20.8 million for its second fiscal quarter, which ended April 30, compared with losses of $40.4 million in the same quarter in 2010.

December 6, 2010

Horsham, Pa.-based luxury homebuilder Toll Brothers reported net income of $50.5 million for the fourth-quarter...

December 9, 2008

Twelve-month revenues were $3.16 billion, down 32 percent from 2007’s twelve-month revenues of $4.65 billion....

November 12, 2008

The financial meltdown triggered a wave of cancellations for the luxury home builder, which reported...

November 12, 2008

The financial meltdown triggered a wave of cancellations for the luxury home builder, which reported...

September 4, 2008

Home-building revenues totaled $1.24 billion, down 31 percent from $1.8 billion in the same period last year....

September 4, 2008

Home-building revenues totaled $1.24 billion, down 31 percent from $1.8 billion in the same period last year....