Toll Brothers

Kennedy Wilson will acquire Toll Brothers’ interests in apartment and student housing assets for $347 million, adding over $5 billion of assets under Kennedy Wilson management. This includes $2.2B AUM through acquired stakes in 18 properties, and $3B AUM through managing 20 properties for Toll Brothers. Kennedy Wilson also gains a pipeline of 29 development sites representing $3.6B in potential capital. The acquisition includes the Toll Brothers Apartment Living management team and establishes a strategic partnership for future deal referrals. The transaction is expected to close in October 2025.

Toll Brothers (NYSE:TOL) is opening a new phase of luxury single-family homes in San Antonio’s Shavano Highlands. Homes on 90-foot-wide lots range from 3,198 to over 5,184 square feet, with 4-5 bedrooms, 3.5-6.5 bathrooms, and 3-4 car garages. Prices start at $1 million. The gated community offers access to Salado Creek Greenway trails and is served by the Northside Independent School District. The high price point might limit the buyer pool.

Toll Brothers is offering a final opportunity to purchase luxury townhomes at its Hilltop community in Reno, Nevada. Located next to Lakeridge Golf Course, these move-in ready, three-story residences range from 2,636 to over 3,010 square feet, with prices starting in the mid-$700,000s. Each home features 3 bedrooms, multiple baths, and a 2-car garage, plus finished basements, covered patios, and decks ideal for full-time living or a low-maintenance lifestyle.

Toll Brothers is launching its Lady Bird model home in the Headwaters community in Dripping Springs, Texas, on July 26, 2025. The development features luxury single-family homes from the upper $400,000s, ranging from 1,913 to 3,555 sq ft, with 3-5 bedrooms. Residents can enjoy amenities like a resort-style clubhouse, pool, fitness center, and over 1,000 acres of open space. Located in the Dripping Springs Independent School District, buyers can personalize homes at the Toll Brothers Design Studio. Move-in ready options are available.

Toll Brothers launches Weston Reserve, an exclusive 23-home luxury community in Apex, North Carolina, priced from $1.33M. Offering 4,050-5,000 sqft customizable estates with multigenerational suites and smart home tech, the development targets affluent buyers in the tech-driven Research Triangle. Despite a 22% price premium over local luxury markets, strategic advantages include proximity to top schools, Jordan Lake amenities, and projected 35% gross margins. Challenges include high per-acre costs from low density. The project aligns with regional population growth (4.2% in 2024) and Toll Brothers’ Sun Belt expansion, leveraging land acquisitions to capitalize on forecasted 5.8% annual price appreciation through 2030.

Toll Brothers announces a final opportunity to purchase a luxury home at Crescent Hill in Murphy, Texas. This community offers spacious one- and two-story designs with 4-6 bedrooms and upscale finishes, priced from the mid-$700,000s. Residents benefit from the Plano school district and convenient access to amenities. Quick move-in homes are available.

Toll Brothers launched its Regency 55+ active-adult homes at Chambers Creek in Willis, Texas, north of Houston. This debut marks Regency’s first Houston area offering. The residences feature single-level, open-concept designs with customizable options and quick move-in homes. Prices start in the upper $300,000s. Residents benefit from numerous amenities and community events in this top-ranked, gated community near convenient access to entertainment and travel.

Toll Brothers (NYSE: TOL) announced plans for *Veranda Bay*, a luxury gated waterfront community in Flagler Beach, Florida. Opening Q4 2025, it features 172 residences priced from the mid-$500k, with five floor plans (3-5 bedrooms, 2-4 bathrooms, 2-3-car garages). Located along the Intracoastal Waterway, the development will include marina docks, resort-style pools, tennis/pickleball courts, and fitness facilities. Strategically positioned between Jacksonville and Orlando, it targets affluent commuters and retirees. The project aligns with Toll’s Florida-focused strategy, leveraging pre-recession land acquisitions and watersports amenities to differentiate itself as coastal demand surges, following similar success at Balmoral Isles in Daytona.