Toll Brothers Apartment Living® and CrossHarbor Capital Partners Announce the Grand Opening of Vermeer, a New Luxury Apartment Community in Washington, D.C.

Core Insights - The grand opening of Vermeer, a 13-story luxury apartment community in Washington, D.C.'s Buzzard Point neighborhood, was announced by Toll Brothers Apartment Living in partnership with CrossHarbor Capital Partners, featuring 501 residences and 37,000 square feet of retail space [1][3][8] Company Overview - Toll Brothers Apartment Living is the rental subsidiary of Toll Brothers, Inc., recognized as the nation's leading builder of luxury homes, and has been named to the National Multifamily Housing Council's Top 25 Largest Developers list for five consecutive years [9][11] - The company has completed over 10,000 units nationally and has more than 18,000 units in production [9] Project Details - Vermeer was financed with a $162.7 million construction loan from Bank OZK, with construction starting in late 2022 and welcoming its first residents in December 2024 [1][3] - The community features a mix of one-, two-, and three-bedroom apartments with premium finishes and smart home features [3][5] Amenities and Location - Vermeer offers extensive amenities including a rooftop pool, fitness center, multiple courtyards, and a game lounge, enhancing residents' lifestyles [5][7] - The location provides easy access to key attractions such as Audi Field, Nationals Park, and the Capitol Riverfront, with a retail tenant, Gold's Gym, set to open in fall 2025 [7][8]