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 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
Take the Mandarin Oriental Hotel's Mouth-Blown Glass Pebble Vase Home
Is It Killing You to Sit All Day? The Smart Kinetic Desk May Save Your Life
Host the Ultimate Tea Party with the Gorgeous Arabesque Coffee & Tea Pot Set
Kors Vodka's 24k George V Edition Gives Historians Something to Gossip About
The Loretto Furniture Collection Brings a Little Bit of Sci-Fi to the Bedroom
A-Listers Take Over Sundance Film Festival With These 8 Must-See Movies
Can You Picture Yourself Relaxing Aboard This 2000 Oceanfast 87'?
First Fully-Automated Home Brewing System Ready Might Just Make You An Expert Cicerone
Ever Wanted to Live in a Jewel Box Home? Nautilus Wants to Customize You a Lavishly Detailed Smaller Residence
Great Scott! Celebrate Scotland's Finest With These 5 Whiskies
See the complete list
 
Featured Photo Gallery
See the complete list
THINGS WE LIKE