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PHOENIX, AZ - Toll Brothers Apartment Living, the rental division of Toll Brothers (NYSE: TOL), the nation’s leading builder of luxury homes, and EJF Capital have announced a joint venture to develop Henri in downtown Phoenix, Ariz. The project is being financed through a $65 million construction loan facility. Henri will be a seven-story, 313-unit luxury mid-rise rental community. Construction on Henri began in July 2023 and is anticipated to be completed with first residency in.

United statesYasheel shahTodd bowdenJohn mcculloughHead of real estate developmentCity national bankManaging directorVan buren streetQualified opportunityRoosevelt rowValley metroSenior vice presidentInvestor relationsOpportunity zoneSenior managing directorReal estate development