Toll Brothers-Carlyle Group JV to Develop Apartment Project in Suburban Boston

Home builder Toll Brothers, Inc. and an affiliate of Washington, DC-based global investment firm The Carlyle Group have formed a joint venture to develop a new 289-unit luxury multifamily project. The Emblem 120 project will be developed through Toll Brothers’ rental apartment subsidiary Toll Brothers Apartment Living. The joint venture secured a construction loan facility from Wells Fargo Bank, N.A…. Read More