Fort Washington-based Toll Brothers Apartment Living®, which is a rental division of Toll Brothers, Inc. is the nation’s leading builder of luxury homes. They have been named one of the largest multifamily developers in the United States by the National Multifamily Housing Council’s 2022 NMHC 50, which is the annual ranking of the nation’s largest apartment owners, managers, developers, builders, and syndicators, reported Yahoo Finance from Toll Brothers.
“We’re extremely honored to earn the recognition as one of the top multifamily developers nationwide,” said Charles Elliott, President of Toll Brothers Apartment Living. “This ranking underscores the extraordinary results of our national growth strategy, helping us to attract and retain the very best from the multifamily industry throughout many of the key markets in which we are expanding.”
Toll Brothers Apartment Living is now ranked as the 11th largest multifamily developer in the United States, with 3,621 units started during the year of 2021.
The number of units started in 2021 by Toll Brothers Apartment Living represents a 416% increase over the previous year: the greatest single-year growth period in the firm’s history. In addition to significant growth, the firm started projects in more markets than ever before, continuing the expansion of its national platform, reports the luxury homebuilder.
This year marks the 33rd edition of the NMHC Top 50 lists. NMHC partners with Kingsley Associates, a leading real estate research and consulting firm for the NMHC 50’s research and analysis.
For more details about the NMHC 50 and Toll Brothers Apartment Living, visit here.
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