Fort Washington
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Fort Washington’s Toll Brothers Sues Owner of Shuttered Golf Course in Florida
Fort Washington-based Toll Brothers has sued the owner of a shuttered Florida golf course to enforce a purchase agreement on the 55-acre property, writes Brian Bandell for the Philadelphia Business Journal. The luxury homebuilder filed a complaint through its affiliate Toll Southeast on January 31 in the U.S. District Court in West Palm Beach against…
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Toll Brothers Breaks Record with Biggest Year in Company History
Fort Washington-based Toll Brothers capped off its 2024 fiscal year with $10.6 billion in home sales revenue, marking the best year in its history, writes Paul Schwedelson for the Philadelphia Business Journal. The luxury homebuilder ended the year with a robust fourth quarter, seeing gains across nearly all key metrics compared to 2023. CEO Douglas…
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Gwynedd Mercy University to Host 27th Annual Golf Tournament
Gwynedd Mercy University will host its 37th Annual Golf Tournament on Monday, September 30, 2024. The event is sponsored by Irwin & Leighton Commercial Builders and will take place at Manufacturers’ Golf & Country Club in Fort Washington. Space is limited to 124 golfers. The tournament is a shamble format in which everyone plays their…
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Fort Washington-Based Billionaire Pledges to Give Away Most of His Fortune
Robert Toll, who co-founded Fort Washington-based Toll Brothers, has promised to give most of his vast fortune away, reported Ash Jurberg for NewsBreak. The son of a Ukrainian immigrant founded the luxury home builder in 1967 with his brother, Bruce. Together, they grew the company to become the nation’s fifth-biggest home builder with revenues of…
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Toll Brothers’ Strategy Shift to Speculative Builds Drives Another Quarter of Record Sales Revenue
Toll Brothers’ strategy shift toward more speculative builds due to a tight resale market has paid off for the Fort Washington homebuilder, writes Paul Schwedelson for the Philadelphia Business Journal. During the second fiscal quarter that ended April 30, more than half of contracted Toll Brothers homes were speculative builds, or homes sold after the…
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Toll Brothers Sell Virginia Property After Data Center Makes an Offer ‘It Couldn’t Refuse’
Toll Brothers, based in Fort Washington, recently made an unexpected sale of a parcel of land in Virginia in what it is calling a “one-off,” saying it was an offer “it couldn’t refuse,” writes Dan Brendel and Michael Potter for the Philadelphia Business Journal. Toll Brothers CEO Douglas Yearley Jr., said during an investors’ call…
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Toll Brothers Sell Virginia Property After Data Center Makes an Offer ‘It Couldn’t Refuse’
Toll Brothers, based in Fort Washington, recently made an unexpected sale of a parcel of land in Virginia in what it is calling a “one-off,” saying it was an offer “it couldn’t refuse,” writes Dan Brendel and Michael Potter for the Philadelphia Business Journal. Toll Brothers CEO Douglas Yearley Jr., said during an investors’ call…
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Toll Brothers to Build 358 Homes on 140 acres in North Carolina
Montgomery County-based luxury homebuilder Toll Brothers has plans to build 358 homes on 140 acres in North Carolina, writes Collin Huguley for Charlotte Business Journal. Toll Brothers, based in Fort Washington, recently acquired the land in Huntersville which is just outside Charlotte. The company bought the land for just over $15 million through an affiliated…
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Bradley Cooper Understood the Conflicts of the Heart Even Back in High School
Bradley Cooper’s star may have skyrocketed since his days at Germantown Academy in Fort Washington, writes Chuck Arnold for The New York Post, but he had heartthrob potential even then. Arnold was first introduced to Cooper in 1993 when the then high school senior wrote a column titled “When best friends cross the line,” which…
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Fort Washington-Based Billionaire Pledges to Give Away Most of His Fortune
Robert Toll, who co-founded Fort Washington-based Toll Brothers, has promised to give most of his vast fortune away, writes Ash Jurberg for NewsBreak. The son of a Ukrainian immigrant founded the luxury home builder in 1967 with his brother, Bruce. Together, they grew the company to become the nation’s fifth-biggest home builder with revenues of…
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Toll Brothers Delivers Almost 10,000 Homes in 2021 Due to New House Demand
Fort Washington-based homebuilders Toll Brothers is reportedly looking at 20% revenue growth for the 2022 fiscal year, writes Ken Martin of Fox Business. For the luxury construction company, quarterly earnings have gone up—while the initial expectation per share was $2.49, the adjusted earnings are now going at $3.02 per share. Their shares have gained 63%…
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The Great American Relay, a Coast-to-Coast Run Organized by a Fort Washington Marathoner, Pounds Through PA
The Great American Relay, which raises funds for police, fire, and military causes, covers 18 states and 3,500 miles in 38 days. The final baton hand-off will occur October 19 at Los Angeles Fire Station 5, with that team of runners finishing up an hour later at the Santa Monica Pier. Judy Wonderly of Warminster…
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