Toll Brothers announces Meadowlark, a low-maintenance luxury home community in Murfreesboro, featuring townhomes and single-family homes.
Quiver AI Summary
Toll Brothers, Inc. has announced the opening of Meadowlark, a low-maintenance community in Murfreesboro, Tennessee, featuring single-family homes and townhomes. Located near Clari Park and The Avenue, Meadowlark offers easy access to shopping, dining, and entertainment, with homes starting in the low $400,000s for townhomes and low $500,000s for single-family homes. The community includes amenities such as walking trails, a pavilion, fire pits, and a striking outdoor sculpture by local artist Michael Baggarly. Potential homeowners can tour the professionally decorated model home and explore various personalization options through Toll Brothers' Design Studio. Meadowlark is situated close to Interstate 24 and is part of the highly-rated Rutherford County School District.
Potential Positives
- Opening of Meadowlark community expands Toll Brothers' presence in a desirable Tennessee market, enhancing brand visibility and opportunity for sales.
- Meadowlark offers a range of luxury home designs, attracting a diverse buyer demographic and catering to various market segments.
- Community features, such as low-maintenance living, walking trails, and amenities like a community pavilion, enhance the appeal of the homes and neighborhood.
- Connection to top-rated schools and nearby shopping and dining options increases the community's attractiveness to potential buyers.
Potential Negatives
- Limited details on potential environmental impact or community opposition regarding the new development, which could raise concerns among local residents.
- Potential risks associated with high pricing in a competitive real estate market, which may affect sales performance.
FAQ
What is the Meadowlark community in Murfreesboro?
Meadowlark is a low-maintenance community offering single-family homes and townhomes, developed by Toll Brothers in Murfreesboro, Tennessee.
What are the price ranges for homes at Meadowlark?
Townhomes start from the low $400,000s, while single-family homes are priced from the low $500,000s.
What amenities does Meadowlark offer residents?
Meadowlark features lawn maintenance, trash removal, walking trails, community pavilion, fire pits, and proximity to shopping and dining.
How can I tour the model homes in Meadowlark?
Home buyers can visit the Sales Center at 2615 Wilkinson Pike to tour the professionally decorated Goldfinch model home.
What personalization options are available for home buyers?
Home buyers can customize their homes with various features through Toll Brothers' Design Studio and work with professional Design Consultants.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TOL Insider Trading Activity
$TOL insiders have traded $TOL stock on the open market 20 times in the past 6 months. Of those trades, 0 have been purchases and 20 have been sales.
Here’s a breakdown of recent trading of $TOL stock by insiders over the last 6 months:
- DOUGLAS C. JR. YEARLEY (Chief Executive Officer) has made 0 purchases and 7 sales selling 212,584 shares for an estimated $32,000,793.
- MARTIN P. CONNOR (Chief Financial Officer) has made 0 purchases and 7 sales selling 63,813 shares for an estimated $9,116,108.
- ROBERT PARAHUS (President & COO) sold 6,900 shares for an estimated $1,018,423
- PAUL E SHAPIRO sold 3,837 shares for an estimated $514,697
- WENDELL E. PRITCHETT sold 3,000 shares for an estimated $442,169
- JOHN A MCLEAN sold 1,000 shares for an estimated $151,100
- CHRISTINE GARVEY has made 0 purchases and 2 sales selling 225 shares for an estimated $28,321.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$TOL Hedge Fund Activity
We have seen 341 institutional investors add shares of $TOL stock to their portfolio, and 345 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 1,046,758 shares (+97.7%) to their portfolio in Q3 2024, for an estimated $161,713,643
- JPMORGAN CHASE & CO removed 821,081 shares (-46.8%) from their portfolio in Q3 2024, for an estimated $126,848,803
- POINT72 ASSET MANAGEMENT, L.P. removed 796,068 shares (-82.6%) from their portfolio in Q3 2024, for an estimated $122,984,545
- WESTFIELD CAPITAL MANAGEMENT CO LP added 722,130 shares (+inf%) to their portfolio in Q3 2024, for an estimated $111,561,863
- DIMENSIONAL FUND ADVISORS LP removed 697,184 shares (-25.8%) from their portfolio in Q3 2024, for an estimated $107,707,956
- BLACKROCK, INC. added 665,465 shares (+5.2%) to their portfolio in Q3 2024, for an estimated $102,807,687
- JUPITER ASSET MANAGEMENT LTD removed 427,267 shares (-82.2%) from their portfolio in Q3 2024, for an estimated $66,008,478
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
MURFREESBORO, Tenn., Feb. 06, 2025 (GLOBE NEWSWIRE) --
Toll Brothers, Inc.
(NYSE:TOL), the nation’s leading builder of luxury homes, today announced the highly anticipated opening of Meadowlark, a low-maintenance community offering both single-family homes and townhomes in Murfreesboro, Tennessee. Home buyers are invited to visit the Sales Center and tour the professionally decorated model home located at 2615 Wilkinson Pike in Murfreesboro.
Meadowlark
is nestled in a prime location near Clari Park and The Avenue, providing residents with easy access to vibrant shopping, dining, and entertainment options—many of which are within walking distance. Meadowlark features two home collections: 77 townhomes priced from the low $400,000s and 27 single-family homes priced from the low $500,000s. Each thoughtfully crafted home design features elegant architecture, versatile floor plans ideal for modern living, and two-car garages. The community also offers low-maintenance living with lawn maintenance and trash removal included.
Meadowlark is located off the Medical Center Parkway interchange of Interstate 24 and is assigned to the top-rated Rutherford County School District. Residents will enjoy strolling along the walking trails and gathering with neighbors and friends at the inviting community pavilion and fire pits. Incorporated into the community design is a striking outdoor sculpture by local artist and Middle Tennessee State University Associate Professor of Art and Design, Michael Baggarly.
“Our new Meadowlark community showcases the wide array of luxury home designs that Toll Brothers offers in this area,” said Jordan Hartigan, Division President of Toll Brothers in Tennessee. “With beautiful homes offering Designer Appointed Features and unrivaled personalization options available through our Design Studio experience, we continue to offer our residents the best in luxury living in the most desirable locations.”
Quick move-in homes with Designer Appointed Features are available at Meadowlark, allowing buyers the opportunity to purchase a new home on a timeline that suits their needs. A wide array of personalization options are also available through the
Toll Brothers Design Studio
experience. The state-of-the-art Design Studio allows home buyers to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.
The professionally designed Goldfinch single-family model home is now open daily for tours. A second townhome model is currently under construction and is anticipated to open this summer. For more information on Meadowlark and Toll Brothers communities throughout Tennessee, call (855) 949-8655 or visit
TollBrothers.com/TN
.
About Toll Brothers
Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 58 years ago 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 first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.
In 2024, Toll Brothers marked 10 years in a row being named to the Fortune World's Most Admired Companies™ list and the Company’s Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron’s magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit
TollBrothers.com
.
From Fortune, ©2024 Fortune Media IP Limited. All rights reserved. Used under license.
Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 |
ameck@tollbrothers.com
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/6dca3bc6-4567-421e-8b34-a46a2c659782
https://www.globenewswire.com/NewsRoom/AttachmentNg/c098fcac-e3c2-4723-9be4-905d0283f476
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
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