Toll Brothers Apartment Living, the rental division of Toll
Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury
homes, and joint venture partner EJF Capital LLC are pleased to
announce the grand opening of Rafferty, an eight-story luxury
mixed-use apartment community in downtown Santa Ana, California.
Financed with a $66 million construction loan facility through
Santander Bank, N.A., Rafferty began welcoming residents in
December 2023. The community recently celebrated its grand opening
event with local officials and development partners, as well as
current and prospective residents.
“We are pleased to introduce Rafferty to downtown Santa Ana,”
said John McCullough, President of Toll Brothers Apartment Living.
“This community embodies the luxury and quality design that Toll
Brothers Apartment Living is known for, and we are excited to
provide an elevated living experience in this vibrant, historic
area.”
Designed by MVE + Partners, Rafferty honors the historic
architecture of Santa Ana while embracing the upbeat energy of the
Calle Cuatro corridor. The community has a mix of studio,
one-bedroom, and two-bedroom residences, thoughtfully designed with
high-end finishes and modern features. Each apartment home includes
smart home technology, including keyless entry and smart
thermostats; sleek flat panel cabinetry; quartz countertops with
two-tone subway backsplash; stainless steel appliances; and custom
modular closets. Select residences offer private balconies with
timer-controlled lighting, spacious soaking tubs, and double
bathroom vanities.
The community’s expressive character flows from the modern
apartment homes to the welcoming community spaces. Rafferty boasts
an array of amenities, including an expansive pool deck with
elegant cabanas, daybeds, and shade umbrellas; dynamic
indoor/outdoor fitness center, with towel service and flex space,
featuring Wellbeats; jam room with speaker system; and coworking
studio with both private and shared workspaces. The communal spaces
invite residents to connect and unwind in sophisticated lounges and
social hubs, including a speakeasy with functional bar and taps,
sky lounge with wet bar and billiards, and a rooftop deck with
breathtaking views, grilling stations, and firepits.
“Rafferty represents a great addition to this growing
neighborhood, offering luxury apartment residences and modern
conveniences, while embracing the character of Santa Ana,” said
Michael McCann, Managing Director of Toll Brothers Apartment Living
in the West region. “Rafferty’s location in the heart of Santa Ana
makes it ideal for residents looking to immerse themselves in the
city’s downtown revival.”
Located at 401 North Main Street, Rafferty offers easy access to
the energetic Calle Cuatro corridor, an area known for its historic
district, public art, and cultural institutions. Residents are
within walking distance to local markets, boutique shopping, and a
variety of dining options.
For more information about Rafferty, visit LiveRafferty.com.
ABOUT TOLL BROTHERS APARTMENT LIVINGToll
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, and the design and 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 BROTHERSToll Brothers, Inc., a
Fortune 500 Company, is the nation's leading builder of luxury
homes. The Company was founded 57 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, Illinois, 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, insurance, 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.
In 2024, Toll Brothers marked 10 years in a row being
named to the Fortune World’s Most Admired Companies™
list. 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, ©2024 Fortune Media IP Limited. All rights
reserved. Used under license.
Contact: Andrea Meck | Toll Brothers, Director, Public Relations
& Social Media | 215-938-8169 | ameck@tollbrothers.com
A photo accompanying this announcement is available
athttps://www.globenewswire.com/NewsRoom/AttachmentNg/9b8a6fa7-f9e6-4d66-a17c-1971690705f7https://www.globenewswire.com/NewsRoom/AttachmentNg/e14fb127-8a8d-4066-8227-091253bfb9e1https://www.globenewswire.com/NewsRoom/AttachmentNg/39341769-84d1-4e73-9f2d-d6f3106d6838
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