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PHOENIX, AZ - Toll Brothers Apartment Living, the rental division of Toll Brothers (NYSE: TOL), the nation’s leading builder of luxury homes, and EJF Capital have announced a joint venture to develop Henri in downtown Phoenix, Ariz. The project is being financed through a $65 million construction loan facility. Henri will be a seven-story, 313-unit luxury mid-rise rental community. Construction on Henri began in July 2023 and is anticipated to be completed with first residency in...

JV secures $65 million construction loan to build 313-unit luxury rental multifamily community...

PHOENIX, July 31, 2023 (GLOBE NEWSWIRE) -- Toll Brothers Apartment Living®, the rental division of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and EJF Capital

PHOENIX, AZ - Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers (NYSE: TOL), the nation’s leading builder of luxury homes, and joint venture partner The Davis Companies, announced the opening of Callia, the firm’s new four-story, 403-unit luxury apartment community in Midtown Phoenix. Financed with a construction loan facility from Pinnacle Financial Partners and Trustmark, construction commenced in 2021 and resident occupancy began in October 2022....

Callia is the third Toll Brothers multifamily community to open in the Phoenix market, bringing 403 new luxury rental residences to the area...