Toll Brothers Execs Discuss Unique Nature of Multifamily Development in Garden State
JERSEY CITY, NJ – Toll Brothers is a home construction company based in Horsham, Pennsylvania that specializes in building luxury homes. In 2016, the company was the 10th largest home builder in the United States, and was ranked 480th on the Fortune 500. The company operates 50+ markets across 20 states. In addition to luxury home construction, the company designs, markets, sells, and arranges financing for homes. In 2017, the company sold homes at an average base price of $689,000 plus average option upgrades of $152,000. The company also develops and operates for-rent apartments through joint ventures, and they’re making similar waves in that space. So CAPRE invited two leaders from Toll Brothers -- Eric H. Cohen, Director of Development & Bryan Oos, Vice President of Development, both of the Toll Brothers Apartment Living division, to participate in a panel discussion titled “Why Multifamily Matters around the U.S. and in New Jersey with Toll Brothers,” moderated by George Vallone, Founder & President, Hoboken Brownstone Company – to talk about a bit about the “special sauce” that is driving the success of their team. "Brian, please talk a bit about New Jersey specific, from a macro perspective," suggested Vallone, kicking off the panel by getting right to the meat of the matter. "What is your view of the state? It doesn't have the reputation of being the easiest place in the world to operate a real estate company." "We're in New…
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