Toll Brothers announces a new luxury home community, George's Ranch, in Boerne, Texas, opening early 2025.
Quiver AI Summary
Toll Brothers, Inc. has announced the upcoming launch of its new luxury home community, Toll Brothers at George's Ranch, located in Boerne, Texas, within the San Antonio area. The community will feature one-acre home sites and a selection of single- and two-story homes that range in size from 3,198 to over 5,300 square feet, with four to five bedrooms and three to four-car garages. Construction is set to begin, with sales expected to open in early 2025. The homes, priced starting from $1 million, will offer contemporary designs and spacious floor plans, and are situated within the respected Boerne Independent School District. The community aims to blend the serenity of Texas Hill Country with modern conveniences and luxury living, while also being close to shopping and entertainment. Interested buyers can find more information on the official website or contact Toll Brothers directly.
Potential Positives
- Toll Brothers announces a new luxury home community, Toll Brothers at George's Ranch, in the desirable Boerne area of Texas, indicating growth and expansion in a strong market.
- The new community will feature one-acre home sites with upscale home designs and a range of customization options, reinforcing Toll Brothers' commitment to high-quality, luxury living.
- Located within the highly regarded Boerne Independent School District, the community targets families seeking quality education for their children, which is a significant selling point for prospective buyers.
- The anticipated opening of the community for sale in early 2025 aligns with Toll Brothers' strategy to meet market demand in a sought-after location close to amenities and recreation.
Potential Negatives
- Homes priced from $1 million may limit the potential buyer pool, especially in a market where affordability is a significant concern.
- The choice to build a gated community may evoke negative perceptions regarding exclusivity and accessibility in a diverse housing market.
- The scheduled opening in early 2025 suggests a lengthy wait for potential buyers, which might not align with immediate market demands.
FAQ
What is Toll Brothers at George's Ranch?
Toll Brothers at George's Ranch is a new luxury home community in Boerne, Texas, featuring one-acre home sites and various home designs.
When will Toll Brothers at George's Ranch open for sale?
The community is anticipated to open for sale in early 2025, with site work currently underway.
What types of homes will be available?
Homes at George's Ranch will range from 3,198 to over 5,300 square feet, offering 4 to 5 bedrooms and 4.5 to 6.5 bathrooms.
What is the price range for homes at this community?
Homes in the Toll Brothers at George's Ranch community will be priced starting from $1 million.
Where is Toll Brothers at George's Ranch located?
The community will be located at Highway 46 and Chapman Road in Boerne, Texas, within the Boerne Independent School District.
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:
- PAUL E SHAPIRO sold 3,837 shares.
- 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 6 times. They made 0 purchases and 6 sales, selling 52,673 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
BOERNE, Texas, Dec. 20, 2024 (GLOBE NEWSWIRE) --
Toll Brothers, Inc.
(NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest San Antonio-area community,
Toll Brothers at George's Ranch
, is coming soon to Boerne, Texas. This Toll Brothers neighborhood will include one-acre home sites with single- and two-story homes in the highly regarded Boerne Independent School District. Site work is underway, and the community is anticipated to open for sale in early 2025.
Toll Brothers at George's Ranch will offer new construction homes in tranquil Boerne with an array of expansive home designs ranging from 3,198 to 5,300+ square feet including 4 to 5 bedrooms, 4.5 to 6.5 bathrooms, and 3- to 4-car garages. These elegant homes will showcase bright and airy interiors, stylish outdoor living spaces, and many desirable options including lofts, offices, and flex rooms. Exterior designs feature Toll Brothers' distinctive architecture with Classic, Modern Farmhouse, Hill Country, and Transitional designs. Homes will be priced from $1 million.
"Our new Toll Brothers at George's Ranch community will offer residents small-town charm and Texas Hill Country living at its finest with the rare opportunity to build a new construction home within the well-established and highly desirable Boerne area," said Matt Foran, Division President of Toll Brothers in San Antonio. "With large, open floor plans and an array of personalization options, this exclusive gated community will set a new standard for luxury living in Boerne."
Located within the esteemed Boerne Independent School District, this peaceful enclave in the serene Texas Hill Country is close to everyday conveniences, exciting recreation, and downtown San Antonio. The community is conveniently located minutes from shopping, fine dining, and entertainment in Boerne.
Additional Toll Brothers new home communities in the San Antonio area include
Regency at Esperanza
(55+),
Toll Brothers at Kinder Ranch
, and
Toll Brothers at Enchanted Bluff.
Toll Brothers at George's Ranch will be located at Highway 46 and Chapman Road in Boerne. For more information and to join the Toll Brothers interest list, call
(877) 500-0508
or visit
TollBrothersatGeorgesRanch.com.
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, Senior 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)