Toll Brothers Inc
TOL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ### | LOCK|Rjf | LOCK|df#NtQ |
Toll Brothers: Multifamily Exit Narrows Strategic Focus to Core Homebuilding Operations
Toll Brothers announced that real estate investment firm Kennedy Wilson will acquire 18 of its apartment and student housing properties and manage another 20 properties on its behalf. Kennedy Wilson will also acquire 29 development sites. The deal is valued at $347 million.
