logo
Toll Brothers Announces Grand Opening of Sereno Canyon Manor Collection and Model Home in Scottsdale, Arizona

Toll Brothers Announces Grand Opening of Sereno Canyon Manor Collection and Model Home in Scottsdale, Arizona

Globe and Mail14-02-2025

SCOTTSDALE, Ariz., Feb. 14, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced the grand opening of the Manor Collection at Sereno Canyon. Ideally located in North Scottsdale, Arizona, Sereno Canyon is an award-winning master-planned community of single-family homes nestled in the shadow of the McDowell Mountains. The staff-gated community features four collections offering estate-sized, single-family, and paired villa home designs ranging from 2,157 to 5,006+ square feet. The new Manor Collection's brand-new home designs range from 4,152 to 4,655+ square feet and are priced from $2.2 million. The Toll Brothers Sales Center and Model Home are now open at 12558 East Chama Road in Scottsdale.
Located on the northeast end of the Sereno Canyon community, the Manor Collection offers 31 home sites with panoramic mountain views. The single-level home designs feature 4 to 5 bedrooms, 4.5 to 5.5 bathrooms, and 3-car garages with beautiful Desert Contemporary, Modern, and Spanish Contemporary architecture that complements the serene Sonoran Desert setting. Highlights of the incredible homes include elevated ceiling heights in the main living space, expansive great rooms with dual-sided fireplaces and multi-slide patio doors, gourmet kitchens with Wolf and Sub-Zero appliances, multigenerational living suites, and more.
'Our new Windgate Desert Contemporary model home from the Manor Collection was designed to capture the essence of indoor-outdoor living and entertaining,' said Bob Flaherty, Group President of Toll Brothers in Arizona. 'The modern desert interior paired with the incredible resort-style backyard is truly one-of-a-kind, and we invite home buyers to see this stunning model home first-hand.'
Home buyers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows home buyers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.
With 360-degree mountain views, and incredible resort amenities, Sereno Canyon offers the epitome of modern desert living. Centered at the heart of the community sits the Mountain House Lodge showcasing striking desert modern architecture with beautiful, designer-appointed features and a curated collection of art from notable local artisans. The state-of-the-art amenities include a lobby bar with four-sided fireplace for gathering, a signature restaurant with indoor and outdoor seating plus a private dining room with demo kitchen, a spa treatment room, fitness center with outdoor recreational lawn, two sparkling pools with cabanas, a private event lawn, bocce ball, and more.
Close to Scottsdale's world-class shopping, dining, and entertainment, as well as nearby recreation, Sereno Canyon offers residents a convenient location while also providing a private setting that feels like an exclusive destination of its own.
For more information, call (844) 836-5263 or visit SerenoCanyon.com.
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.
Photos accompanying this announcement are available at:

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

This Reliable Dividend Stock Is Up Over 8,851% Since Its IPO. Here's Why It's a Buy Now.
This Reliable Dividend Stock Is Up Over 8,851% Since Its IPO. Here's Why It's a Buy Now.

Globe and Mail

timea day ago

  • Globe and Mail

This Reliable Dividend Stock Is Up Over 8,851% Since Its IPO. Here's Why It's a Buy Now.

Enormous sums of money flowing through Wall Street banks have been attracting the world's most talented financial minds for generations. You might be shocked to learn that in any given year, most fail to outperform the benchmark S&P 500 (SNPINDEX: ^GSPC) index. Last year, a little over one-fifth of actively managed U.S. funds outperformed the benchmark, and that figure gets much slimmer over time. Over the past 20 years, absolute returns from all but 8% of all large-cap funds in the U.S. underperformed the benchmark. The average American fund manager can't hold a candle to the S&P 500 index, but there's a reliable dividend stock that has outperformed the benchmark by a mile. Since its initial public offering (IPO) in 1994, Realty Income (NYSE: O) stock has risen a little faster than the S&P 500 index. If we add up monthly dividend payments that have risen every quarter since its IPO, Realty Income has trounced the benchmark with an 8,780% total return. Folks who invested $1,000 into the SPDR S&P 500 ETF Trust at the time of Realty Income's IPO and kept the dividends have seen their investment grow past $22,000. The benchmark index has produced magnificent gains, but it can't hold a candle to Realty Income's long-term returns. Folks who invested $1,000 in Realty Income in 1994 are already halfway toward a down payment on a starter home in California. How Realty Income has outperformed the S&P 500 for decades Realty Income is a real estate investment trust (REIT) that finished March with 15,627 commercial properties in its portfolio. Instead of managing its properties, it has tenants such as Tractor Supply and Home Depot sign net leases that make them responsible for taxes, maintenance, and any other variable costs associated with building ownership. Realty Income's weighted average remaining lease term is over nine years, and investors can look forward to this REIT recapturing those tenants and raising their rent further when their existing leases expire. Since 1996, the company has released about 6,000 properties at a renewal recapture rate of 103%. With annual rent escalators written into long-term leases and an impressive lease renewal recapture rate, Realty Income's cash flows are highly predictable. Recently, the company raised its monthly dividend for the 131st time to $0.269 per share. Despite steadily raising its payout for over 30 years, the well-managed REIT earns enough to raise it much further. Management posted first-quarter adjusted funds from operations (FFO), a proxy for earnings used to evaluate REITs, that rose to $1.06 per share. That's more than it needs to comfortably meet a dividend commitment currently set at $0.807 per quarter. Why Realty Income can continue beating the market The bond rating agencies adore Realty Income's portfolio of over 15,000 buildings and its track record for steadily growing earnings that goes back to 1970. An A3 rating from Moody's and an A- rating from S&P Global recently helped the company borrow 1.3 billion worth of euros with terms that will make your head spin. The notes it sold don't need to be repaid for about eight years on average, and the average yield to maturity is just 3.69%. Access to heaps of super-cheap capital is an advantage that Realty Income's smaller peers aren't likely to duplicate next year or in the next decade. This means it can offer competitive terms and continue attracting the best tenants for the long run. Even after 55 years in business, the vast majority of commercial buildings are still owned by the companies that operate them. In the U.S., less than 4% of the addressable market for net lease REITs was owned by Realty Income and its publicly traded peers. This figure is less than 0.1% in the E.U. With a favorable competitive position that shouldn't be too difficult to maintain, and a huge addressable market, Realty Income could continue raising its dividend payout every three months for another 30 years. The yield it offers is already a juicy 5.6% at recent prices. Adding some shares of this reliable dividend payer to a diverse portfolio looks like a smart move for just about any investor right now. Should you invest $1,000 in Realty Income right now? Before you buy stock in Realty Income, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Realty Income wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $655,255!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $888,780!* Now, it's worth noting Stock Advisor 's total average return is999% — a market-crushing outperformance compared to174%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Cory Renauer has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Home Depot, Realty Income, and Tractor Supply. The Motley Fool recommends the following options: short July 2025 $54 calls on Tractor Supply. The Motley Fool has a disclosure policy.

Shares of meatpacking giant JBS rise slightly in debut on the NYSE
Shares of meatpacking giant JBS rise slightly in debut on the NYSE

Globe and Mail

time2 days ago

  • Globe and Mail

Shares of meatpacking giant JBS rise slightly in debut on the NYSE

Shares of Brazilian meat giant JBS gained 1.6% in as they made their debut Friday on the New York Stock Exchange. Trading in New York has been a long-held goal for JBS, which was founded 72 years ago and is now one of the world's largest meat companies. Half of its annual revenue comes from the U.S., where it has more than 72,000 employees. JBS is America's top beef producer and its second-largest producer of poultry and pork. JBS's minority shareholders voted last month to approve the company's plan to list its shares both in Sao Paulo and New York, casting aside opposition from environmental groups, U.S. lawmakers and others who noted JBS' record of corruption, monopolistic behavior and environmental destruction. JBS said a dual listing would give it broader access to investors and more competitive interest rates, which would help it finance its growth. It has also said a U.S. listing would subject it to more oversight from regulators. The U.S. Securities and Exchange Commission approved JBS's planned listing last month. Still, the proposed listing has received significant pushback. Earlier this week, Mighty Earth, an environmental group, said it sent a letter to the NYSE board urging it to decline the listing. Mighty Earth contends that JBS is illegally profiting from deforested land in Brazil. Glass Lewis, an influential independent investor advisory firm, was also among those recommending that JBS's shareholders reject the planned listing. In its report, Glass Lewis said the recent return of brothers Joesley and Wesley Batista to the JBS board should concern investors. The brothers, who are the sons of JBS' founder, were briefly jailed in Brazil in 2017 on bribery and corruption charges. Glass Lewis also objected to the company's plan for dual share classes, which give the Batistas and other controlling shareholders more voting power.

Shares of meatpacking giant JBS begin trading on the NYSE
Shares of meatpacking giant JBS begin trading on the NYSE

Globe and Mail

time2 days ago

  • Globe and Mail

Shares of meatpacking giant JBS begin trading on the NYSE

Shares of Brazilian meat giant JBS fell 6% in early trading as they made their debut Friday on the New York Stock Exchange. Trading in New York is a long-held goal for JBS, which was founded 72 years ago and is now one of the world's largest meat companies. Half of its annual revenue comes from the U.S., where it has more than 72,000 employees. JBS is America's top beef producer and its second-largest producer of poultry and pork. JBS's minority shareholders voted last month to approve the company's plan to list its shares both in Sao Paulo and New York, casting aside opposition from environmental groups, U.S. lawmakers and others who noted JBS' record of corruption, monopolistic behavior and environmental destruction. JBS said a dual listing would give it broader access to investors and more competitive interest rates, which would help it finance its growth. It has also said a U.S. listing would subject it to more oversight from regulators. The U.S. Securities and Exchange Commission approved JBS's planned listing last month. Still, the proposed listing has received significant pushback. Earlier this week, Mighty Earth, an environmental group, said it sent a letter to the NYSE board urging it to decline the listing. Mighty Earth contends that JBS is illegally profiting from deforested land in Brazil. Glass Lewis, an influential independent investor advisory firm, was also among those recommending that JBS's shareholders reject the planned listing. In its report, Glass Lewis said the recent return of brothers Joesley and Wesley Batista to the JBS board should concern investors. The brothers, who are the sons of JBS' founder, were briefly jailed in Brazil in 2017 on bribery and corruption charges. Glass Lewis also objected to the company's plan for dual share classes, which give the Batistas and other controlling shareholders more voting power.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store