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Toll Brothers Obtains $187 Million in Financing for San Diego Apartment Project

Homebuilder Joins PGIM Real Estate in Bid To Boost California Multifamily Presence
Plans for the Lindley tower in downtown San Diego include extended-stay units geared to remote workers. (Joseph Wong Design Associates, Toll Brothers)
Plans for the Lindley tower in downtown San Diego include extended-stay units geared to remote workers. (Joseph Wong Design Associates, Toll Brothers)
CoStar News
August 24, 2022 | 12:06 AM

A joint venture that includes Toll Brothers obtained $187 million in construction financing for its first San Diego apartment project, as one of the nation’s largest homebuilders looks to grow its multifamily footprint in California and other states.

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