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Toll Brothers Apartment Living® and PGIM Real Estate Top Out Momentum Midtown, a New 36-Story Luxury Apartment Community in Atlanta

Retrieved on: 
Monday, May 8, 2023

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.

Key Points: 
  • 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.

Toll Brothers Apartment Living® and The Davis Companies Open New Luxury Apartment Community in Midtown Phoenix

Retrieved on: 
Monday, May 1, 2023

PHOENIX, May 01, 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 The Davis Companies, today announced the opening of Callia, the firm’s new four-story, 403-unit luxury apartment community in Midtown Phoenix.

Key Points: 
  • PHOENIX, May 01, 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 The Davis Companies, today announced the opening of Callia, the firm’s new four-story, 403-unit luxury apartment community in Midtown Phoenix.
  • “We’re thrilled to open another exceptional luxury community in Midtown Phoenix.
  • This community serves the most discerning residents who seek the luxury living experience for which Toll Brothers is already well known here and nationwide,” said John McCullough, President of Toll Brothers Apartment Living.
  • Callia is the third multifamily community Toll Brothers has delivered in the Phoenix market, joining Haverly , the firm’s first foray in Midtown Phoenix that opened in 2022, and Canvas , a Toll Brothers Campus Living community in Tempe adjacent to Arizona State University, which offered first residency to students in 2021.