Toll Brothers Announces Opening of Luxury Townhome Community at The River District in Charlotte, NC

Toll Brothers launched a luxury townhome community in Charlotte featuring customizable homes and resort-style amenities, starting from the upper $500,000s.

Quiver AI Summary

Toll Brothers, Inc., a leading luxury home builder, has announced the opening of its new townhome community, Toll Brothers at The River District, located in Charlotte, North Carolina. The community features three-story townhomes offering 3 to 4 bedrooms, 3.5 to 4 bathrooms, and rooftop terraces, with prices starting from the upper $500,000s. Homebuyers can personalize their homes at the state-of-the-art Design Studio, with quick move-in options available as early as September 2025. The community provides access to a range of amenities including a clubhouse, pools, and trails, and is conveniently situated near dining, shopping, and the Charlotte Douglas International Airport. Ryan Switzer, Division President of Toll Brothers in Charlotte, emphasized the community's blend of natural beauty and urban convenience. For further information, home shoppers can reach out through provided contact details.

Potential Positives

Toll Brothers has opened a new luxury townhome community, enhancing its portfolio and presence in Charlotte, North Carolina.
The community features modern design elements and a variety of amenities, appealing to a wide range of potential home buyers.
The strategic location between the Catawba River and the airport offers unique benefits, such as natural beauty and urban accessibility.
Quick move-in options are available, demonstrating the company's ability to meet immediate market demand and customer needs.

Potential Negatives

None

FAQ

Where is Toll Brothers at The River District located?

Toll Brothers at The River District is located in Charlotte, North Carolina, at 7232 Westrow Avenue.

What features do the townhomes at The River District offer?

The townhomes feature 3 to 4 bedrooms, 3.5 to 4 bathrooms, rooftop terraces, and up to 2,280 square feet of living space.

What are the starting prices for homes in this community?

Homes at Toll Brothers at The River District start from the upper $500,000s.

What amenities are available to homeowners in this community?

Homeowners will have access to a clubhouse, pools, a dog park, trails, and a farmers market among other amenities.

How can I get more information about Toll Brothers at The River District?

For more information, call (866) 232-1719 or visit TollBrothers.com/NC.

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 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $TOL stock by insiders over the last 6 months:

PAUL E SHAPIRO sold 7,000 shares for an estimated $748,771
STEPHEN F. EAST sold 2,500 shares for an estimated $288,325
CHRISTINE GARVEY has made 0 purchases and 2 sales selling 1,190 shares for an estimated $138,703.
MICHAEL J. GRUBB (SVP & Chief Accounting Officer) sold 500 shares for an estimated $60,000

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$TOL Hedge Fund Activity

We have seen 322 institutional investors add shares of $TOL stock to their portfolio, and 387 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

LONE PINE CAPITAL LLC added 3,800,580 shares (+inf%) to their portfolio in Q1 2025, for an estimated $401,303,242
BLACKROCK, INC. removed 1,137,785 shares (-8.9%) from their portfolio in Q1 2025, for an estimated $120,138,718
LONG POND CAPITAL, LP added 1,116,300 shares (+inf%) to their portfolio in Q1 2025, for an estimated $117,870,117
MILLENNIUM MANAGEMENT LLC added 767,715 shares (+232.6%) to their portfolio in Q1 2025, for an estimated $81,063,026
INVESCO LTD. removed 734,493 shares (-38.6%) from their portfolio in Q1 2025, for an estimated $77,555,115
VICTORY CAPITAL MANAGEMENT INC added 583,940 shares (+149.5%) to their portfolio in Q1 2025, for an estimated $61,658,224
QUBE RESEARCH & TECHNOLOGIES LTD added 537,837 shares (+43.7%) to their portfolio in Q1 2025, for an estimated $56,790,208

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$TOL Analyst Ratings

Wall Street analysts have issued reports on $TOL in the last several months. We have seen 9 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

Wells Fargo issued a "Overweight" rating on 08/01/2025
Seaport Global issued a "Buy" rating on 07/23/2025
Raymond James issued a "Strong Buy" rating on 05/23/2025
Evercore ISI Group issued a "Outperform" rating on 05/22/2025
RBC Capital issued a "Outperform" rating on 05/16/2025
Oppenheimer issued a "Outperform" rating on 05/15/2025
Wedbush issued a "Outperform" rating on 05/15/2025

To track analyst ratings and price targets for $TOL, check out Quiver Quantitative's $TOL forecast page.

$TOL Price Targets

Multiple analysts have issued price targets for $TOL recently. We have seen 12 analysts offer price targets for $TOL in the last 6 months, with a median target of $140.0.

Here are some recent targets:

Sam Reid from Wells Fargo set a target price of $140.0 on 08/01/2025
Kenneth Zener from Seaport Global set a target price of $161.0 on 07/23/2025
Buck Horne from Raymond James set a target price of $130.0 on 05/23/2025
Jade Rahmani from Keefe, Bruyette & Woods set a target price of $120.0 on 05/23/2025
Stephen Kim from Evercore ISI Group set a target price of $169.0 on 05/22/2025
Mike Dahl from RBC Capital set a target price of $133.0 on 05/16/2025
Jay McCanless from Wedbush set a target price of $175.0 on 05/15/2025

Full Release

CHARLOTTE, N.C., Aug. 08, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the opening of Toll Brothers at The River District , a luxurious townhome community in Charlotte, North Carolina within The River District master plan. The Toll Brothers Sales Center is now open at 7232 Westrow Avenue in Charlotte.

Toll Brothers at the River District features three-story townhomes with 3 to 4 bedrooms, 3.5 to 4 bathrooms, rooftop terraces, and up to 2,280 square feet of living space. Homes offer stunning interior features with spacious living and dining areas, luxurious primary bedroom suites, and curated selections from Toll Brothers’ Designer Appointed Collections. Homes are priced from the upper $500,000s.

Home buyers choosing a build to order home 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. Quick move-in homes with Designer Appointed Features are also available, with move-in dates as early as September 2025.

“We’re thrilled to open our newest luxury townhome community in the heart of The River District—where breathtaking rooftop views meet unmatched convenience,” said Ryan Switzer, Division President of Toll Brothers in Charlotte. “Nestled perfectly between the Catawba River and airport, this community offers residents the rare combination of natural beauty, urban accessibility, and effortless highway access. It’s an exciting step forward in redefining modern living in Charlotte.”

Toll Brothers homeowners will have access to the resort-style amenities of The River District master plan, which include a clubhouse, multiple pools, dog park, playground, farmers market, walking/biking trails, and more. The community is conveniently located close to dining, shopping, uptown Charlotte, parks, the Catawba River, and the Charlotte Douglas International Airport.

For more information on Toll Brothers at The River District, home shoppers are invited to call (866) 232-1719 or visit or visit TollBrothers.com/NC .

About Toll Brothers

Toll Brothers, Inc. , a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 58 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.

Toll Brothers has been one of Fortune magazine's World's Most Admired Companies™ for 10+ years in a row, and in 2024 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 .

Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | [email protected]

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/6bd72635-b6a8-4e3d-aa88-0402ca636fe6

https://www.globenewswire.com/NewsRoom/AttachmentNg/722c9b9f-805f-4b44-80bf-a9e71066eb17

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)