Toll Brothers history

1979: Annual revenues approach $50 million.

In 1982 they began building homes in central New Jersey.

1986: A public offering raises $40 million.

Toll Brothers even received Professional Builder magazine's coveted "Builder of the Year" award in 1988.

In addition to its land and building interests, Toll began operating a subsidiary called Toll Advisors in 1990.

Encouraged by gains in its core markets, Toll made plans in 1994 to expand out of the Northeast and into Orange County, California, and Raleigh, North Carolina.

Despite a decline in housing starts, Toll managed to boost construction activity during 1995 and increase sales and profits.

Toll sold 2,109 homes worth $759 million during the 1996 fiscal year.

The next year, it partnered with Marriott Senior Living Services in developing an assisted-living community in Reston, Virginia. It began its first homes for active senior communities in New Jersey in 1998.

Income was $101.5 million on sales of $1.46 billion in 1999.

Sustained Growth After 2000

Toll's $2.2 billion in 2001 gross home sales made it the eighth largest builder in the United States at the time, according to Builder magazine.

A country club community was begun in 2002 near Hilton Head, South Carolina--another new territory.

Toll bought Richard R. Dostie, Inc., a builder in Jacksonville, Florida, in 2003.

Sales surged 40 percent to $3.9 billion in the fiscal year ended October 2004.

In 2006, Toll Brothers City Living emerged, and Manhattan made its debut as our first location for high-rise luxury condominiums.

Around 2007, those clouds formed over the entire industry and the economy went into a deep recession.

On October 31, 2010, the company had over US$1.2 billion in cash, total assets of over $5.2 billion and shareholders’ equity of $2.6 billion.

In November 2011, the Company acquired CamWest Development LLC. In December 29, 2011, the Company acquired 11 non-performing loans.”

Builder of the Year (2012)Presented by Professional Builder magazine

In November 2013, Toll Brothers purchased Shapell Homes (founded by Nathan Shapell) for $1.6 billion.

Builder of the Year (2014)Presented by BUILDER magazine

Best Workplaces for Millennials (2015)Presented by FORTUNE Magazine

**From FORTUNE Magazine, March 1, 2016 ©2016 Time Inc.

April 21, 2020 at 11:41 am Are Toll Brothers Building any quality, first floor living, low maintenance communities near Raleigh,NC? Reply

2021 marks the 10th year Toll Brothers has been named to FORTUNE magazine's World's Most Admired Companies® list.* We've also been honored as national Builder of the Year by BUILDER magazine, and was twice named national Builder of the Year by Professional Builder magazine.