Toll Brothers Apartment Living® and PGIM Real Estate Announce the Grand Opening of The Lindley, a Luxury High-Rise Community in San Diego
SAN DIEGO, March 14, 2025 (GLOBE NEWSWIRE) -- Toll Brothers Apartment Living ®, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury homes, and joint venture partner PGIM Real Estate are pleased to announce the grand opening of The Lindley, a new 37-story high-rise apartment community in the heart of San Diego's vibrant Little Italy neighborhood. The community was financed with a construction loan facility from BNY Mellon and Wells Fargo and construction began in 2022. The Lindley welcomed its first residents in November 2024, offering an unparalleled living experience with high-end finishes, premium amenities, and breathtaking views. The Lindley's grand opening event took place yesterday, March 13, 2025, including a ribbon cutting with development partners as well as a reception for current and future residents.
'The Lindley represents our continued commitment to developing luxury rental communities in the most sought-after locations,' said John McCullough, President of Toll Brothers Apartment Living. 'We are thrilled to introduce this exceptional new high-rise to San Diego, providing modern renters with a living experience that blends contemporary design, upscale amenities, and easy accessibility to the best the city has to offer.'
Located at 1331 Columbia Street in San Diego, California, The Lindley features an elevated collection of studio, one-bedroom, and two-bedroom apartment homes, as well as penthouses. Each residence is designed with premium features, including floor-to-ceiling windows with designer roller shades, custom cabinetry with undermount lighting, quartz countertops, stainless steel appliances, oversized closets with custom organizers, and smart home technology, including smart thermostats and keyless entry. All residences include a private balcony, many with expansive views of San Diego Bay and the downtown skyline.
'The Lindley sets a new standard in the San Diego market, with its best-in-class amenities, stunning views, and prime location in Little Italy,' said Michael McCann, Managing Director of Toll Brothers Apartment Living in the West region. 'These luxury offerings, paired with proximity to the city's top dining and cultural attractions, help residents at The Lindley craft their unique cosmopolitan lifestyle.'
Residents can enjoy resort-inspired amenities, including a resort-style pool and spa with cabanas; a sky lounge with a grand piano and an outdoor deck with a bar and patio seating; a billiards and card room with a wine bar; a coworking suite with private and shared spaces; a pet spa and outdoor pet park; and a concierge. The Lindley also offers a collection of wellness-focused amenities, including a state-of-the-art indoor/outdoor fitness center with a refreshment bar, a cold plunge, a sauna, private massage rooms, and studios for yoga, Pilates, and meditation. The community is LEED Gold Certified and offers options for environmentally friendly commutes, including electric vehicle charging stations and access-controlled bike storage.
Situated in San Diego's Little Italy neighborhood, The Lindley is steps from award-winning restaurants, waterfront parks, boutique shopping, and major employment hubs. Its pedestrian-friendly location provides an urban oasis with easy access to downtown, the Gaslamp Quarter, and the scenic Embarcadero. The Lindley also offers 10,565 square feet of ground-floor retail space, further enhancing the neighborhood offerings.
The Lindley is Toll Brothers Apartment Living's first multifamily community in San Diego and third in California, after Rafferty in Santa Ana and Cameo in Orange, which was sold in 2021. For more information about The Lindley, visit livethelindley.com
ABOUT TOLL BROTHERS APARTMENT LIVING ®
Toll Brothers Apartment Living ® is the apartment development division of Toll Brothers, Inc. (NYSE: TOL), an award-winning Fortune 500 company, and the nation's leading builder of luxury homes. Toll Brothers Apartment Living brings the same quality, luxury, and service for which Toll Brothers is known to its exceptional rental and mixed-use communities in select markets, including Atlanta, Boston, Dallas, Los Angeles, New York, Philadelphia, Phoenix, and Washington, DC. Toll Brothers Apartment Living communities combine the energy of vibrant locations with unparalleled amenities, resident services, design, and the expertise of America's Luxury Home Builder ®. In 2024, Toll Brothers Apartment Living was named to the National Multifamily Housing Council's Top 25 Largest Developers list, the fifth year it has been so recognized. The firm has completed over 10,000 units nationally, with more than 18,000 units in production.
For more information visit TollBrothersApartmentLiving.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.
Toll Brothers has been one of Fortune magazine's World's Most Admired Companies™ for 10+ years in a row, and in 2024 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, ©2025 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
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Charger Target At the Charger target, Awalé reported high-grade gold and polymetallic intercepts from nine diamond drill holes, including: OEDD-120: 26.0 metres of 12.0 g/t gold from 146 metres; OEDD-118: 95.0 metres of 1.8 g/t gold from 170 metres; and OEDD-121: 4.0 metres of 18.5 g/t gold and 3.03% copper from 67 metres. Additionally, a new parallel mineralized breccia zone was discovered 50 metres west of the main corridor, with 26.0 metres of 2.0 g/t gold in hole OEDD-137. These results support the presence of multiple mineralized structures and highlight the scalability of the Charger system. Empire Target Awalé has resumed drilling at the Empire target, which is the company's first high-grade gold discovery at Odienné, discovered in 2019. Empire sits within a 20 kilometre west-northwest trending structure corridor, and 2.5 kilometres south of the Charger discovery. Six diamond drill holes at Empire were completed, totalling 1,168 metres, and intersected significant mineralization, including: OEDD-127: 15.0 metres of 5.2 g/t gold from 215 metres, including 10.0 metres of 7.5 g/t gold; OEDD-114: 16.0 metres of 3.0 g/t gold from 44 metres; and OEDD-124: 19.0 metres of 2.3 g/t gold from 76 metres. Exploration at Empire to date has covered only 5 kilometres of the Empire trend, with significant potential for further expansion. The results confirm the continuity of mineralization at depth and along strike, with Empire remaining open in multiple directions. For more information, including complete drill results, visit Awalé's website at and refer to the press releases dated April 8, 17, and May 12, 2025. Sandstorm holds a 2.0% NSR royalty on the Odienné project. Omai Gold Mines Drills 28.04 g/t Gold over 9.3 Metres at Wenot Omai Gold Mines Corp. ("Omai") has released assay results from the 2025 drill program at the Omai gold mine in Guyana ("OGM"). A total of 15,639 metres of drilling has been completed in 2025, surpassing the planned 15,000 metres program as results continue to extend the known limits of the gold mineralization at Wenot. Additionally, several holes have been drilled in West Wenot—an area which lies outside of any previous mining and includes a significant part of the Wenot Mineral Resource Estimate ("MRE"). Omai believes West Wenot could be suitable for a starter pit in a production scenario. Highlighted drill results include: Wenot Deposit 25ODD-103 & 103W: 3.56 g/t gold over 21.8 metres from 524.2 metres; 25ODD-103W: 3.93 g/t gold over 7.0 metres from 499.0 metres and 5.66 g/t gold over 4.3 metres from 560.0 metres; and 25ODD-102: 28.04 g/t gold over 9.3 metres from 361.2 metres, including 252.36 g/t gold over 1.0 metres. 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For more information and complete drill results, visit Omai's website at and refer to the press releases dated May 12, 23, and 29, 2025. Sandstorm holds a 1.0% NSR royalty on the OGM. Troilus 2025 Drill Campaign Focuses on Identifying Higher-Grade Mineralization Troilus Gold Corp. ("Troilus") released results from its 2025 drill campaign on the Troilus project located in Quebec, Canada. The drill campaign is focused on identifying and delineating higher-grade mineralization and enhancing confidence in the current block model. The highlighted drill results below are from the Southwest Zone and confirm the higher-grade material within the reserve pit, expected to be mined in the first five years of the mine plan. SW-25-688: 56 metres grading 2.03 g/t gold, 2.55 g/t silver and 0.23% copper from 174 metres, including 34 metres grading 2.74 g/t gold, 3.38 g/t silver, and 0.29% copper; SW-25-679: 51 metres grading 1.13 g/t gold and 0.81 g/t silver from 9 metres; SW-25-712: 73 metres grading 0.68 g/t gold, 0.80 g/t silver and 0.14% copper from 189 metres, including 19 metres grading 1.34 g/t gold, 0.76 g/t silver, and 0.29% copper; and SW-25-681: 36 metres grading 1.40 g/t gold, 1.58 g/t silver, and 0.22% copper, including 23 metres grading 1.93 g/t gold, 1.85 g/t silver, and 0.29% copper. For more information and complete drill results, visit Troilus's website at and refer to the press releases dated April 29 and May 22, 2025. Sandstorm holds a 1.0% NSR royalty on the Troilus project. Note 1. Stream terms reflect bought down rates applicable to HNE and Heruga deposits, assuming the Mongolian Government acquires a 34% interest in Entrée's share of the joint venture, at which time Sandstorm will receive up to $6.8 million in total consideration. Qualified Person Imola Götz ( F.E.C.), Sandstorm's Vice President, Mining & Engineering is a Qualified Person as defined by Canadian National Instrument 43-101. Ms. Götz has reviewed and approved the scientific and technical information in this news release. Contact Information For more information about Sandstorm Gold Royalties, please visit our website at or email us at [email protected]. ABOUT SANDSTORM GOLD ROYALTIES Sandstorm is a precious metals-focused royalty company that provides upfront financing to mining companies and receives the right to a percentage of production from a mine, for the life of the mine. Sandstorm holds a portfolio of approximately 230 royalties, of which 40 of the underlying mines are producing. Sandstorm plans to grow and diversify its low-cost production profile through the acquisition of additional gold royalties. For more information visit: CAUTIONARY STATEMENTS TO U.S. SECURITYHOLDERS The financial information included or incorporated by reference in this press release or the documents referenced herein has been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board, which differs from US generally accepted accounting principles ("US GAAP") in certain material respects, and thus are not directly comparable to financial statements prepared in accordance with US GAAP. This press release and the documents incorporated by reference herein, as applicable, have been prepared in accordance with Canadian standards for the reporting of mineral resource and mineral reserve estimates, which differ from the previous and current standards of the United States securities laws. In particular, and without limiting the generality of the foregoing, the terms "mineral reserve", "proven mineral reserve", "probable mineral reserve", "inferred mineral resources,", "indicated mineral resources," "measured mineral resources" and "mineral resources" used or referenced herein and the documents incorporated by reference herein, as applicable, are Canadian mineral disclosure terms as defined in accordance with Canadian National Instrument 43-101 — Standards of Disclosure for Mineral Projects ("NI 43-101") and the Canadian Institute of Mining, Metallurgy and Petroleum (the "CIM") — CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended (the "CIM Definition Standards"). For United States reporting purposes, the United States Securities and Exchange Commission (the "SEC") has adopted amendments to its disclosure rules (the "SEC Modernization Rules") to modernize the mining property disclosure requirements for issuers whose securities are registered with the SEC under the Exchange Act, which became effective February 25, 2019. The SEC Modernization Rules more closely align the SEC's disclosure requirements and policies for mining properties with current industry and global regulatory practices and standards, including NI 43-101, and replace the historical property disclosure requirements for mining registrants that were included in SEC Industry Guide 7. Issuers were required to comply with the SEC Modernization Rules in their first fiscal year beginning on or after January 1, 2021. As a foreign private issuer that is eligible to file reports with the SEC pursuant to the multi-jurisdictional disclosure system, the Corporation is not required to provide disclosure on its mineral properties under the SEC Modernization Rules and will continue to provide disclosure under NI 43-101 and the CIM Definition Standards. Accordingly, mineral reserve and mineral resource information contained or incorporated by reference herein may not be comparable to similar information disclosed by United States companies subject to the United States federal securities laws and the rules and regulations thereunder. As a result of the adoption of the SEC Modernization Rules, the SEC now recognizes estimates of "measured mineral resources", "indicated mineral resources" and "inferred mineral resources." In addition, the SEC has amended its definitions of "proven mineral reserves" and "probable mineral reserves" to be "substantially similar" to the corresponding CIM Definition Standards that are required under NI 43-101. While the SEC will now recognize "measured mineral resources", "indicated mineral resources" and "inferred mineral resources", U.S. investors should not assume that all or any part of the mineralization in these categories will be converted into a higher category of mineral resources or into mineral reserves without further work and analysis. Mineralization described using these terms has a greater amount of uncertainty as to its existence and feasibility than mineralization that has been characterized as reserves. Accordingly, U.S. investors are cautioned not to assume that all or any measured mineral resources, indicated mineral resources, or inferred mineral resources that the Company reports are or will be economically or legally mineable without further work and analysis. Further, "inferred mineral resources" have a greater amount of uncertainty and as to whether they can be mined legally or economically. Therefore, U.S. investors are also cautioned not to assume that all or any part of inferred mineral resources will be upgraded to a higher category without further work and analysis. Under Canadian securities laws, estimates of "inferred mineral resources" may not form the basis of feasibility or pre-feasibility studies, except in rare cases. While the above terms are "substantially similar" to CIM Definitions, there are differences in the definitions under the SEC Modernization Rules and the CIM Definition Standards. Accordingly, there is no assurance any mineral reserves or mineral resources that the Company may report as "proven mineral reserves", "probable mineral reserves", "measured mineral resources", "indicated mineral resources" and "inferred mineral resources" under NI 43-101 would be the same had the Company prepared the reserve or resource estimates under the standards adopted under the SEC Modernization Rules or under the prior standards of SEC Industry Guide 7. CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This press release contains "forward-looking statements", within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, the Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of Sandstorm Gold Royalties. Forward-looking statements include the future price of gold, silver, copper, iron ore and other metals, the estimation of mineral reserves and resources, realization of mineral reserve estimates, and the timing and amount of estimated future production. Forward-looking statements can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans", or similar terminology. Forward-looking statements are made based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performances or achievements of Sandstorm Gold Royalties to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Sandstorm Gold Royalties will operate in the future, including the receipt of all required approvals, the price of gold and copper and anticipated costs. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements include, amongst others, failure to receive necessary approvals, changes in business plans and strategies, market conditions, share price, best use of available cash, gold and other commodity price volatility, discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries, mining operational and development risks relating to the parties which produce the gold or other commodity the Company will purchase, regulatory restrictions, activities by governmental authorities (including changes in taxation), currency fluctuations, the global economic climate, dilution, share price volatility and competition. Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: the impact of general business and economic conditions, the absence of control over mining operations from which the Company will purchase gold, other commodities or receive royalties from, and risks related to those mining operations, including risks related to international operations, government and environmental regulation, actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined, risks in the marketability of minerals, fluctuations in the price of gold and other commodities, fluctuation in foreign exchange rates and interest rates, stock market volatility, as well as those factors discussed in the section entitled "Risks to Sandstorm" in the Company's annual report for the financial year ended December 31, 2024 and the section entitled "Risk Factors" contained in the Company's annual information form dated March 31, 2025 available at Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements that are contained or incorporated by reference, except in accordance with applicable securities laws. SOURCE Sandstorm Gold Ltd.
The Market Online
11 hours ago
- The Market Online
More revenue slips away from GameStop in Q1 2025
GameStop (NYSE:GME) reported a 17 per cent drop in Q1 2025 revenue, US$732.4 million for the quarter, down from US$881.8 million a year earlier GameStop's hardware and accessories unit, which includes both new and pre-owned video games, saw a steep 32 per cent drop in sales during the quarter Despite the revenue slump, GameStop managed to turn a profit, reporting net income of US$44.8 million compared to a net loss of US$32.3 million in the same period last year. GameStop stock (NYSE:GME) last traded at US$30.15 GameStop (NYSE:GME) reported a 17 per cent drop in Q1 2025 revenue, a sign of the continued challenges facing the video game and merchandise retailer as consumers increasingly favour digital downloads over physical purchases. The original meme stock posted revenue of US$732.4 million for the quarter, down from US$881.8 million a year earlier. The decline reflects a broader industry trend as gamers move away from brick-and-mortar stores in favor of digital platforms, game streaming, and online shopping. GameStop's hardware and accessories unit, which includes both new and pre-owned video games, saw a steep 32 per cent drop in sales during the quarter. Despite the revenue slump, GameStop managed to turn a profit, reporting, in a media statement, net income of US$44.8 million compared to a net loss of US$32.3 million in the same period last year. This improvement was largely attributed to aggressive cost-cutting measures, including the closure of nearly 600 U.S. stores in 2024 and the announcement of a 'significant number' of additional closures planned for this year. The company also reported an operating loss of US$10.8 million, which includes US$35.5 million in impairment charges tied to its ongoing international restructuring. As part of this effort, GameStop sold its Canadian subsidiary and expects to finalize the sale of its French operations during fiscal year 2025. In a bid to modernize its business model, GameStop has expanded its ecommerce platform to include digital game downloads and online merchandise. The company also made headlines with a bold move into cryptocurrency, purchasing 4,710 bitcoins between May 3 and June 10 using cash reserves. About GameStop Corp. GameStop Corp. is a U.S. video game, consumer electronics and services retailer. The company operates across Europe, Canada, Australia and the United States. It sells new and second-hand video game hardware, physical and digital video game software, and video game accessories. GameStop stock (NYSE:GME) last traded at US$30.15 and has fallen 3.80 per cent since the year began, but has climbed 18.42 per cent since this time last year. Join the discussion: Find out what everybody's saying about meme stocks on the GameStop Corp. Bullboards, and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
