The Horsham, Pa.-based company is the 47th builder to be honored as Builder of the Year and the first two-time recipient.
Professional Builder magazine, the nation’s leading business publication dedicated to the home building industry, has named luxury home builder Toll Brothers, Inc. its 2012 Builder of the Year. Horsham, Pa.-based Toll Brothers is the 47th builder to be honored as Builder of the Year by Professional Builder editors and the first two-time recipient; the firm was Builder of the Year in 1988.
The award honors innovative home builders whose ideas and business results over a period of time represent the best in home building. The winning firm is selected by the magazine editors, with input from a select group of industry executives.
Past winners include: William J. Levitt (1966); Eli Broad (1967); Trammell Crow (1970); Ray Ellison (1980); William Lyon (1982); Arthur Rutenberg (1986); David Weekley (1990); Ralph Drees (1991); John Wieland (1993); Millard Fuller (1995); D.R. Horton (1999); The Olson Co. (2000); Pulte Homes (2001); Shea Homes (2007); Jagoe Homes (2010); and DSLD Homes (2011).
The Toll Brothers executive team will receive their honor during an awards dinner at the International Builders’ Show in Las Vegas on January 21. Full coverage of Toll Brothers’ business operations was featured in the December issue of Professional Builder.
“Toll Brothers represents what is best about home building. They deliver quality homes and great overall value,” noted Patrick O’Toole, Editorial Director and Publisher of Professional Builder. “Throughout the company’s more than 45 years in business — particularly during the recent period of tumult for housing — Toll Brothers has been extremely foresighted in its business planning, its marketing, and its strong commitment to its home buyers.”
“We are honored to again be named Builder of the Year. Having been in business for more than 45 years and public for 26 years, we have always strived to provide the highest-quality homes to our buyers. This award is a tribute to the wonderful associates at Toll Brothers, whose commitment to our clients leads the industry, and to the Toll Brothers brand that they have built,” said Robert I. Toll, executive chairman, and Douglas C. Yearley, CEO, in a statement.
“Every year since 1966, Professional Builder editors have recognized one builder who stands above the rest, who is showing the way for other builders,” said David Barista, Editor-in-Chief of Professional Builder. “The fact that Toll Brothers has garnered the Builder of the Year award twice is a testament to their leadership, consistency, solid business operations, and incredibly strong brand.”