May 30, 2025
WASHINGTON, DC - Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers (NYSE: TOL), the nation's leading builder of luxury homes, in partnership with CrossHarbor Capital Partners, announced the grand opening of Vermeer, a 13-story luxury apartment community in Washington, D.C.’s Buzzard Point neighborhood. Located at 113 Potomac Avenue SW, Vermeer offers 501 thoughtfully designed residences and approximately 37,000 square feet of ground-floor retail space.
Construction was financed with a $162.7 million construction loan facility from Bank OZK and began in late 2022....