Toll Brothers, Daiwa House JV to develop 73-unit luxury NJ Condo Community; Bank OZK provided an acquisition and construction loan

Toll Brothers City Living, together with Daiwa House, are set to develop a 73-unit luxury condominium community in West New York, N.J. Toll Brothers will remain in charge of the day-to-day operations upon completion. The Toll Brothers Finance Department secured an acquisition and construction loan from Bank OZK on behalf of the joint venture. 

Future homes at Vista Pointe will have one- to four-bedroom floorplans with sizes ranging from 988 to 2,235 square feet. The development will include 11,000 square feet of amenities, such as a 24-hour lobby, lounge with dining room, fitness center and children’s playroom, as well as an outdoor swimming pool, rooftop terrace and garden. 

Daiwa House Group
Suguru "Sean" Nakanishi | SVP, Corporate Strategy
Toll Brothers (NYSE: TOL)
Karl Mistry | EVP, Development, Eastern Region

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