Strategic partnership

Equity Residential and Toll Brothers, Inc. have established a partnership to develop new rental apartment communities in key US markets


The parties initially intend to focus on selectively acquiring and developing sites for apartment rental communities in six metro markets where both parties have a significant or growing presence: Atlanta; Austin; Boston; Denver; Orange County/San Diego; and Seattle, as well as in Dallas-Fort Worth.

“We are thrilled to join with Equity Residential in this exciting partnership which offers tremendous benefit to both of our organizations,” said Douglas C. Yearley, Jr., Chairman and CEO of Toll Brothers. “This venture will increase the capital efficiency of our Toll Brothers Apartment Living platform.