Toll Brothers Inc. and International Capital Launch 348-Unit Luxury Apartment Development in Charlotte with $56.8M Loan from TD Bank

Reuters
Jul 09
Toll Brothers Inc. and International Capital Launch 348-Unit Luxury Apartment Development in Charlotte with $56.8M Loan from TD Bank

Toll Brothers Inc., a leading luxury home builder, has announced a joint venture with International Capital, LLC to develop a 348-unit luxury multifamily community, The Airedale, in Charlotte, North Carolina. This marks Toll Brothers Apartment Living's first multifamily venture in the state. The project has secured a $56.8 million construction loan from TD Bank. The Airedale will feature one-, two-, and three-bedroom apartments with high-end finishes and smart home technology. Amenities will include a resort-style pool, fitness center, pet facilities, and coworking spaces. The development highlights Toll Brothers' expansion into high-growth markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Toll Brothers Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9490966-en) on July 08, 2025, and is solely responsible for the information contained therein.

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