Toll Brothers Apartment Living® and PGIM Real Estate Top Out Momentum Midtown, a New 36-Story Luxury Apartment Community in Atlanta
ATLANTA, May 08, 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 PGIM Real Estate, last week celebrated the topping-out of Momentum Midtown, a new 36-story, 376-unit luxury high-rise rental apartment community in the heart of Atlanta’s vibrant Midtown neighborhood.
- ATLANTA, May 08, 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 PGIM Real Estate, last week celebrated the topping-out of Momentum Midtown, a new 36-story, 376-unit luxury high-rise rental apartment community in the heart of Atlanta’s vibrant Midtown neighborhood.
- Financed with a construction loan facility from Wells Fargo Bank N.A, construction commenced in 2021 and resident occupancy is anticipated in early 2024.
- “This was an exciting day for all members of the team as we celebrated this huge construction milestone for Momentum,” said John McCullough, President of Toll Brothers Apartment Living.
- “The topping out of Momentum represents great progress for Toll Brothers and for the Midtown region,” said Will Chappell, Director of Development and Construction for the southeast region of Toll Brothers Apartment Living.