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
Need to Get Away?
Top 10 Business Hotels
Who says you canít 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
Sip on Bodega Numanthia's 2013 Termanthia, the Jewel of Spanish Wine
Go Wireless with the Latest, Greatest, Next-Gen Earphones & Headphones
Art of the Erotic Lends Sophisticated Sex Appeal to the Uncensored Library
Brazil is South America's Latest Rising Star Wine Producer
The World's Most Precious Cognac Bottle, Sculpted by Lalique for Hardy
Behind the Wine-Lover's Private Paradise with Anthony von Mandl of Martin's Lane Winery
12 Luxury Kitchen Items to Gift This Holiday Season
Exploring the Smoky Mountains with Buick Enclave Avenir
Sweet Talk with Premier Patissier, Chef Gregory Gourreau
Holiday Gift Guide: Luxury Gift Ideas Just in Time for the Holidays
See the complete list
 
Featured Photo Gallery
See the complete list
THINGS WE LIKE