Toll Company history

The business that Albert founded left the Toll family’s hands in 1959 when it was purchased by National Minerals.

Toll Brothers was founded in 1967 by brothers Robert I. (Bob) and Bruce E. Toll.

In 1982 they began building homes in central New Jersey.

In 1986, Toll was bought by its management team, led by then Managing Director Paul Little and Toll's first Chairman, Peter Rowsthorn.

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

Toll’s modern era of growth and expansion began in earnest when this team led Toll’s 1993 listing on the Australian Stock Exchange (ASX).

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.

1995: Geoffrey H. Edmunds & Associates is acquired, and the company expands into the Sunbelt.

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.

1999: Detroit's Silverman Companies is acquired.

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.

In February, Toll reported a first-half net profit of $109.2 million, up 28 per cent on 2004.