Fort Washington-based Toll Brothers acquires Arkansas builder Buffington Homes, expanding its footprint under new CEO Karl Mistry.
Fort Washington’s Toll Brothers is expanding its national footprint with a new acquisition, marking the first major move under recently appointed CEO Karl Mistry, writes Paul Schwedelson for The Philadelphia Business Journal.
The luxury homebuilder has agreed to acquire Buffington Homes, a leading builder in northwest Arkansas. The deal brings nine active or upcoming communities and more than 1,500 controlled home sites into Toll Brothers’ portfolio. It also fills a geographic gap between its existing markets in the South…