DALLAS: One of the largest builders of multi family housing in the United States, Toll Brothers, a NYSE-listed company with current operations in 20 states, is reporting 25–75% of sales in their newest urban towers have been to Boomers. Company representatives have said that they find this surprising.
Robert Rulla, a director at housing-analyst firm Fitch Ratings, said, “Boomers could well drive the sale of downtown condos going forward.”….