Professional Builder magazine has named luxury home builder Toll Brothers, Inc. its 2012 Builder of the Year. Horsham, Pa.-based Toll Brothers is the 47th builder to be honored as Builder of the Year by Professional Builder editors and the first two-time recipient; the firm was Builder of the Year in 1988.
Professional Builder magazine, the nation’s leading business publication dedicated to the home building industry, has named luxury home builder Toll Brothers, Inc. its 2012 Builder of the Year. Horsham, Pa.-based Toll Brothers is the 47th builder to be honored as Builder of the Year by Professional Builder editors and the first two-time recipient; the firm was Builder of the Year in 1988.
The award honors innovative home builders whose ideas and business results over a period of time represent the best in home building. The winning firm is selected by the magazine editors, with input from a select group of industry executives.
Past winners include: William J. Levitt (1966); Eli Broad (1967); Trammell Crow (1970); Ray Ellison (1980); William Lyon (1982); Arthur Rutenberg (1986); David Weekley (1990); Ralph Drees (1991); John Wieland (1993); Millard Fuller (1995); D.R. Horton (1999); The Olson Co. (2000); Pulte Homes (2001); Shea Homes (2007); Jagoe Homes (2010); and DSLD Homes (2011).
The Toll Brothers executive team will receive their honor during an awards dinner at the International Builders’ Show in Las Vegas on January 21. Full coverage of Toll Brothers’ business operations was featured in the December issue of Professional Builder.
“Toll Brothers represents what is best about home building. They deliver quality homes and great overall value,” noted Patrick O’Toole, Editorial Director and Publisher of Professional Builder. “Throughout the company’s more than 45 years in business — particularly during the recent period of tumult for housing — Toll Brothers has been extremely foresighted in its business planning, its marketing, and its strong commitment to its home buyers.”
“We are honored to again be named Builder of the Year. Having been in business for more than 45 years and public for 26 years, we have always strived to provide the highest-quality homes to our buyers. This award is a tribute to the wonderful associates at Toll Brothers, whose commitment to our clients leads the industry, and to the Toll Brothers brand that they have built,” said Robert I. Toll, executive chairman, and Douglas C. Yearley, CEO, in a statement.
“Every year since 1966, Professional Builder editors have recognized one builder who stands above the rest, who is showing the way for other builders,” said David Barista, Editor-in-Chief of Professional Builder. “The fact that Toll Brothers has garnered the Builder of the Year award twice is a testament to their leadership, consistency, solid business operations, and incredibly strong brand.”
ABOUT PROFESSIONAL BUILDER
Founded in 1936, Professional Builder is the nation’s leading and oldest business publication serving home builders. Each month, Professional Builder reaches more than 100,000 professionals throughout the U.S. The magazine and website (HousingZone.com) are operated by SGC Horizon, the leading provider of information to the building and construction industry with brands that include Professional Remodeler, Custom Builder, Building Design+Construction, and Construction Equipment. SGC Horizon is a division of Scranton Gillette Communications (SGC), a 104-year-old, privately owned, business-to-business media company based in Arlington Heights, Ill., with offices in Scottsdale, Ariz.
ABOUT TOLL BROTHERS, INC.
Toll Brothers, Inc. is the nation’s leading builder of luxury homes. The Company began business in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves move-up, empty-nester, active-adult, and second-home buyers and operates in 20 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Texas, Virginia, and Washington.
Toll Brothers builds an array of luxury residential communities, principally on land it develops and improves: single-family detached and attached home communities, master planned resort-style golf communities, and urban low-, mid- and high-rise communities. The Company operates its own architectural, engineering, mortgage, title, land development and land sale, golf course development and management, home security, and landscape subsidiaries. The Company also operates its own lumber distribution, house component assembly, and manufacturing operations. The Company acquires and develops commercial properties through Toll Commercial and its affiliate, Toll Brothers Realty Trust, and purchases distressed loan and real estate asset portfolios through its wholly owned subsidiary, Gibraltar Capital and Asset Management.
Toll Brothers is honored to have won the three most coveted awards in the home building industry: America’s Best Builder, the National Housing Quality Award, and National Builder of the Year for the second time. Toll Brothers proudly supports the communities in which it builds; among other philanthropic pursuits, the Company sponsors the Toll Brothers - Metropolitan Opera International Radio Network, bringing the Met opera to neighborhoods throughout the world. For more information, visit TollBrothers.com.