Luxury Home Builder Toll Brothers Is Exiting the Multifamily Business

Core Viewpoint - The builder, known for luxury single-family homes, is planning to exit the multifamily business entirely [1] Company Summary - The company has made a strategic decision to focus solely on its core competency in luxury single-family homes, indicating a shift in business strategy [1] Industry Summary - The move reflects broader trends in the housing market, where builders are reassessing their positions in the multifamily sector [1]