Toll Brothers announced Skyway Landing, a new luxury townhome community in Sanford, Florida, opening in early 2025.
Quiver AI Summary
Toll Brothers, Inc. has announced the upcoming launch of its new community, Skyway Landing, in Sanford, Florida, which is set to open for sale in early 2025. This gated, low-maintenance community will offer luxury townhomes featuring four distinct designs, each ranging from 1,500 to over 2,000 square feet, with three bedrooms, two baths, and options for one or two-car garages. Prices will begin in the upper $300,000s. Residents will have access to various onsite amenities like a pool and cabana, and the community's location offers proximity to Historic Downtown Sanford and Lake Monroe. Skyway Landing is situated within the highly-rated Seminole County school district, and buyers can personalize their homes through the Toll Brothers Design Studio.
Potential Positives
- Toll Brothers is expanding its presence in Central Florida with the introduction of the new Skyway Landing community, highlighting the company's commitment to growth in desirable markets.
- The Skyway Landing community will offer luxury townhomes with modern designs and onsite amenities, attracting homebuyers looking for both comfort and convenience.
- Being part of the highly-ranked Seminole County school district enhances the appeal of Skyway Landing, making it attractive for families prioritizing education.
- The launch of the Toll Brothers Design Studio allows homebuyers to personalize their homes, showcasing the company's dedication to customer satisfaction and tailored experiences.
Potential Negatives
- The press release highlights the upcoming Skyway Landing community, which may indicate a reliance on new developments to drive sales, suggesting potential vulnerability to market fluctuations or changes in demand.
- Pricing starting from the upper $300,000s may position the homes out of reach for some potential buyers, limiting the target market and potentially affecting sales volume.
FAQ
What is Skyway Landing in Sanford, Florida?
Skyway Landing is a new gated community featuring luxury townhomes and onsite amenities, coming soon to Sanford, Florida.
When will Skyway Landing be available for sale?
Skyway Landing is expected to open for sale in early 2025.
What are the features of the townhomes at Skyway Landing?
The townhomes will range from 1,500 to over 2,000 square feet, featuring 3 bedrooms, 2 baths, and garage options.
What amenities will Skyway Landing offer residents?
Residents will enjoy a refreshing pool, relaxing cabana, and easy access to nearby parks and trails.
How can potential buyers get more information about Skyway Landing?
For more information, interested buyers can call (877) 431-0444 or visit TollBrothers.com/FL.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TOL Insider Trading Activity
$TOL insiders have traded $TOL stock on the open market 17 times in the past 6 months. Of those trades, 0 have been purchases and 17 have been sales.
Here's a breakdown of recent trading of $TOL stock by insiders over the last 6 months:
- DOUGLAS C. JR. YEARLEY (Chief Executive Officer) has traded it 7 times. They made 0 purchases and 7 sales, selling 212,584 shares.
- MARTIN P. CONNOR (Chief Financial Officer) has traded it 7 times. They made 0 purchases and 7 sales, selling 56,479 shares.
- JOHN A MCLEAN sold 1,000 shares.
- WENDELL E. PRITCHETT sold 3,000 shares.
- ROBERT PARAHUS (President & COO) sold 6,900 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$TOL Hedge Fund Activity
We have seen 366 institutional investors add shares of $TOL stock to their portfolio, and 367 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PACER ADVISORS, INC. removed 2,071,992 shares (-98.9%) from their portfolio in Q3 2024
- FMR LLC added 1,046,758 shares (+97.7%) to their portfolio in Q3 2024
- JPMORGAN CHASE & CO removed 821,081 shares (-46.8%) from their portfolio in Q3 2024
- POINT72 ASSET MANAGEMENT, L.P. removed 796,068 shares (-82.6%) from their portfolio in Q3 2024
- WESTFIELD CAPITAL MANAGEMENT CO LP added 722,130 shares (+inf%) to their portfolio in Q3 2024
- HOLOCENE ADVISORS, LP removed 713,852 shares (-100.0%) from their portfolio in Q2 2024
- DIMENSIONAL FUND ADVISORS LP removed 697,184 shares (-25.8%) from their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SANFORD, Fla., Dec. 11, 2024 (GLOBE NEWSWIRE) --
Toll Brothers, Inc.
(NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest community,
Skyway Landing
, is coming soon to Sanford, Florida. This gated, low-maintenance community will feature new townhomes with luxurious features and onsite amenities. Located on Skyway Drive in Sanford, Skyway Landing is expected to open for sale in early 2025.
Skyway Landing will offer four distinctive two-story townhome designs ranging from 1,500 to over 2,000 square feet. Home designs will include 3 bedrooms, 2 baths, and 1- or 2-car garages. Skyway Landing will also include a variety of onsite amenities including a refreshing pool and relaxing cabana for Toll Brothers homeowners to enjoy. Townhomes will be priced from the upper $300,000s.
"Skyway Landing will provide residents with a unique blend of luxury and convenience in one of Central Florida's most desirable locations," said Brock Fanning, Division President of Toll Brothers in Central Florida. "With its exceptional townhome designs and resort-style amenities, this community is set to become a premier destination for homebuyers in the Sanford area."
Located minutes from charming Historic Downtown Sanford and Lake Monroe's beautiful south shore, residents will enjoy the community's proximity to natural beauty, with parks, trails, and wildlife reserves nearby. The community is part of the Seminole County school district, consistently ranked among the best in Central Florida, offering excellent educational opportunities.
Home buyers will experience one-stop shopping at the
Toll Brothers Design Studio
. The state-of-the-art Design Studio allows home buyers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.
For more information and to join Toll Brothers interest list for Skyway Landing, call (877) 431-0444 or visit
TollBrothers.com/FL
.
About Toll Brothers
Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 57 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol "TOL." The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.
In 2024, Toll Brothers marked 10 years in a row being named to the Fortune World's Most Admired Companies list and the Company's Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron's magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit
TollBrothers.com
.
From Fortune, 2024 Fortune Media IP Limited. All rights reserved. Used under license.
Contact: Andrea Meck | Toll Brothers, Director, Public Relations & Social Media | 215-938-8169 |
ameck@tollbrothers.com
A photo accompanying this announcement is available at
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
