Toll Brothers Campus Living and The Davis Companies Joint Venture to Develop 680-Bed Luxury Student Housing Community in Orlando, Florida

  • 11/07/23
  • Announcements
Exterior rendering of Aperture at dusk with an open plaza and palm trees

JV Secures $50 Million Construction Loan from TD Bank, N.A.

Toll Brothers, Inc. (NYSE: TOL) (, the nation’s leading builder of luxury homes, through its Toll Brothers Campus Living student housing rental division, and Boston-based real estate investment, development and management firm The Davis Companies (Davis), announced a new joint venture to develop Aperture, a 680-bed (204-unit), two-building, five-story multifamily rental community in Orlando, Florida adjacent to the University of Central Florida (UCF). The project is being financed through a $50 million construction loan facility from TD Bank, N.A. The equity and debt were arranged by Toll Brothers’ in-house Finance Department.

Aperture is located at 12727 East Colonial Drive in Orlando on 8.2 acres in proximity to UCF… Read More