Join us for lunch as Toll Brothers walks the audience thru the underwriting process they conduct before an LOI is submitted. Mike Owens and Andrew Stewart will focus on how Toll Brothers underwrites land in various stages (raw, entitled and finished lots) using their “deal deck,” as it is their single source of truth when valuing opportunities. In addition, they will outline their buy box and target markets, while addressing “hot topics” across target municipalities (UDOs/Zoning/Regulations, etc). Toll Brothers is publicly traded under the ticker symbol TOL and is recognized as the top luxury home builder in the United States.