Toll Brothers Inc. acquired a Midtown East residential development site at 953-961 First Ave from Alexico Group LLC for $64 million.
January 03, 2013 at 09:30 am IST
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Toll Brothers Inc. (NYSE:TOL) acquired a Midtown East residential development site at 953-961 First Ave from Alexico Group LLC for $64 million on January 3, 2013. Helen Hwang, Nat Rockett, Karen Wiedenmann, and Sujohn Sarkar of Cushman & Wakefield represented Alexico Group LLC in the transaction.
Toll Brothers Inc. (NYSE:TOL) completed the acquisition of a Midtown East residential development site at 953-961 First Ave from Alexico Group LLC on January 3, 2013.
Toll Brothers, Inc. is a builder of luxury homes. The Company designs, builds, markets, sells and arranges financing for an array of luxury residential single-family detached home, attached home, master-planned, and urban low-, mid-, and high-rise communities. The Company operates its own architectural, engineering, mortgage, title, land development, insurance, smart home technology and landscaping subsidiaries. It also develops master-planned and golf course communities as well as operate, in certain regions, its own lumber distribution, house component assembly and manufacturing operations. The Company also caters to urban and suburban renters under the brand names Toll Brothers Apartment Living and Toll Brothers Campus Living. It designs, builds, markets, and sells high-density, high-rise urban luxury condominiums with third-party joint venture partners through Toll Brothers City Living (City Living). The Company operates in approximately 24 states and in the District of Columbia.
TOLL BROTHERS, INC. 
