Home Wealth  Money Toll Brothers Taps Seattle Market

Toll Brothers Taps Seattle Market

Posted: Nov. 22nd, 2011  |  By Forbes

powered by Forbes

RSS Syndicated News Email a Friend Suggest an Article Share Visit Website

Luxury home builder Toll Brothers announced an acquisition today that marks its first entry into the Seattle market.

Toll said it has agreed to acquire CamWest Development, one of the largest privately held home building companies in the Pacific Northwest, for an undisclosed cash sum.

CamWest develops luxury single-family homes, condos and townhomes in the Seattle metropolitan area as well as in King and Snohomish counties.

The average CamWest home sells for $500,000. The company anticipates delivering 180 homes in 2011, producing revenues of $90 million.

Rivals PulteGroup and DR Horton also build homes in the Seattle area.

Market News Video produces and distributes online videos about stocks and investing.




Share on Facebook Share
See Next Article
Write a Story/Review about this topic

Post a Comment

 
Need to Get Away?
Top 10 Business Hotels
Who says you can’t mix business with pleasure?
Read More
More Articles from Forbes.com

advertisement
Quick Links
Autos
Boating
Real Estate
Luxury Travel
Fashion
Search Real Estate
Find Your Dream Home
Search for homes by
State, Country or Style.
Event Calendar
advertisement
Current News & Features
Deck Your Halls With This $59K Oprah-Approved Turkish Rug From Nakkaş
It's Time You Scored a Bottle of Rémy Martin's Louis XIII Le Jeroboam Cognac
Talking Wine With Luxury Brand LVMH's Newton Vineyard Estate Director Rob Mann
Golden Beats On-Ear Headphones & Pill Speaker Are the Flashy Holiday Gifts You've Been Looking For
Etihad's $40K 3-Room Residence Suite Sells Out First 10 Flights
Meet the 10-Year-Old Blogger Who Wants to Teach You All About Luxury Cars
Trace Tracks Every Wave & Trick To Give You Ultimate Bragging Rights
Christie's Beat Their Own Record With Help From Warhol's $81.9M Triple Elvis Sale
McLaren Starts Campaign to Tease the P13 From Upcoming Sports Series
Kasabian Frontman Tom Meighan Chats the New Album, Performance Scars & Why He Loves Jack White
See the complete list
 
Featured Photo Gallery
See the complete list
THINGS WE LIKE