TOLL BROTHERS PRESS RELEASE CONTACT: Amy Ogden (904) 280-7960 or amy@clockworkmarketing.com COMPANY CONTACT: Linda Cohen at (215) 938-5233 or lcohen@tollbrothersinc.com FOR IMMEDIATE RELEASE
TOLL BROTHERS PURCHASES PARKLAND GOLF AND COUNTRY CLUB Luxury Builder Acquires 350 Homesites, Plans to Build Single-Family and Villa-Style Homes PARKLAND, Fla. (Nov. 23, 2010) – Toll Brothers, the nation’s leading builder of luxury homes, has purchased Parkland Golf and Country Club, a prestigious community in northwest Broward County with a Greg Norman championship golf course. Toll Brothers has acquired 350 of the community’s 820 homesites and will begin selling homes in late January 2011 at the community previously owned by WCI Communities. This is Toll Brothers’ third new luxury community purchased in Southeast Florida this year. In June, Toll Brothers purchased Frenchman’s Harbor, a 77-acre community situated along the Intracoastal Waterway in Juno Beach, and in April the company acquired the unfinished luxury community of Azura in Boca Raton. “We are excited to add the country club community of Parkland to our portfolio of luxury communities in Southeast Florida,” said Ronald Blum, senior vice president of Toll Brothers’ Southeast Florida Division. “As our third new community in Southeast Florida this year, Parkland Golf and Country Club demonstrates Toll Brothers’ exceptional financial strength and buying power. We recognize the outstanding opportunities in this region and we are dedicated to building the finest communities in the area.” -more-