EX-21 9 tol-20191031x10kxex21.htm EXHIBIT 21
Exhibit 21
SUBSIDIARIES OF TOLL BROTHERS, INC.
As of October 31, 2019
A. Corporations

1. | 110-112 Third Ave. Realty Corp., a New York corporation.

2. | Dominion III Corp., a Delaware corporation.

3. | ESE Consultants, Inc., a Delaware corporation.

4. | ESE Consultants, Inc., a Texas corporation.

5. | ESE of North Carolina, PC, a North Carolina professional corporation.

6. | First Brandywine Investment Corp. II, a Delaware corporation.

7. | First Brandywine Investment Corp. IV, a Delaware corporation.

8. | First Huntingdon Finance Corp., a Delaware corporation.

9. | GCAM Holding Co., Inc., a Delaware corporation.

10. | Hampton Pointe Club, Inc., a South Carolina non-profit corporation.

11. | HQZ Acquisitions, Inc., a Michigan corporation.

12. | Jupiter Country Club, Inc., a Florida non-profit corporation.

13. | Philmont Insurance Company, a Vermont corporation.

14. | PRD Investors, Inc., a Delaware corporation.

15. | Shapell Homes, Inc., a Delaware corporation.

16. | Shapell Industries, Inc., a Delaware corporation.

17. | The Silverman Building Companies, Inc., a Michigan corporation.

18. | TBI Mortgage Company, a Delaware corporation.

19. | TBI Smart Home Solutions, Inc., a New Jersey corporation.

20. | TB Proprietary Corp., a Delaware corporation.

21. | TIS Logistics, Inc., a Pennsylvania corporation.

22. | Toll Apartments LP Company, Inc., a Delaware corporation.

23. | Toll Architecture, Inc., a Delaware corporation.

24. | Toll Architecture I, P.A., a Delaware professional corporation.

25. | Toll Bros. of Arizona, Inc., an Arizona corporation.

26. | Toll Bros. of North Carolina, Inc., a North Carolina corporation.

27. | Toll Bros. of North Carolina II, Inc., a North Carolina corporation.

28. | Toll Bros., Inc., a Pennsylvania corporation.

29. | Toll Bros., Inc., a Texas corporation.

30. | Toll Brothers AZ Construction Company, an Arizona corporation.

31. | Toll Brothers Canada USA, Inc., a Delaware corporation.

32. | Toll Brothers Finance Corp., a Delaware corporation.

33. | Toll Brothers International Holdings, Inc., a Delaware corporation.

34. | Toll Brothers Real Estate, Inc., a Pennsylvania corporation.

35. | Toll CA Holdings, Inc., a Delaware corporation.

36. | Toll Corp., a Delaware corporation.

37. | Toll DC GP Corp., a District of Columbia corporation.

38. | Toll Diamond Corp., a Delaware corporation.

39. | Toll Golden Corp., a Delaware corporation.

40. | Toll Holdings, Inc., a Delaware corporation.

41. | Toll Land Corp. No. 6, a Pennsylvania corporation.

42. | Toll Mid-Atlantic V Corp., a Delaware corporation.

43. | Toll Mid-Atlantic LP Company, Inc., a Delaware corporation.

44. | Toll MI VII Corp., a Michigan corporation.

45. | Toll NJX-I Corp., a Delaware corporation.

46. | Toll Northeast V Corp., a Delaware corporation.

47. | Toll Northeast LP Company, Inc., a Delaware corporation.

48. | Toll Northeast Services, Inc., a Delaware corporation.

49. | Toll NV GP Corp., a Nevada corporation.

50. | Toll Realty Holdings Corp. I, a Delaware corporation.

51. | Toll Realty Holdings Corp. II, a Delaware corporation.

52. | Toll Rental Holdings, Inc., a Delaware corporation.

53. | Toll Southeast Inc., a Delaware corporation.

54. | Toll Southeast LP Company, Inc., a Delaware corporation.

55. | Toll SW Holding I Corp., a Nevada corporation.

56. | Toll VA GP Corp., a Delaware corporation.

57. | Toll West Inc., a Delaware corporation.

58. | Toll WV GP Corp., a West Virginia corporation.

59. | Upper K Investors, Inc., a Delaware corporation.

60. | Valeria Sewerage Works Corporation, a New York corporation.

61. | Westminster Abstract Company, a Pennsylvania corporation.

62. | Westminster Insurance Agency, Inc., a Pennsylvania corporation.

63. | Westminster Title Company, Inc., a California corporation.

B. Partnerships

1. | Ashford Land Company, L.P., a Delaware limited partnership.

2. | Audubon Ridge, L.P., a Pennsylvania limited partnership.

3. | Belmont Land, L.P., a Virginia limited partnership.

4. | Binks Estates Limited Partnership, a Florida limited partnership.

5. | The Bird Estate Limited Partnership, a Massachusetts limited partnership.

6. | Broad Run Associates, L.P., a Pennsylvania limited partnership.

7. | Broad Washington, L.P., a Delaware limited partnership.

8. | Byers Commercial LP, a Pennsylvania limited partnership.

9. | CC Estates Limited Partnership, a Massachusetts limited partnership.

10. | Cold Spring Hunt, L.P., a Pennsylvania limited partnership.

11. | Coleman-Toll Limited Partnership, a Nevada limited partnership.

12. | Dominion Country Club, L.P., a Virginia limited partnership.

13. | Estates at Princeton Junction, L.P., a New Jersey limited partnership.

14. | Fairfax Investment, L.P., a Virginia limited partnership.

15. | First Brandywine Partners, L.P., a Delaware partnership.

16. | Gibraltar Road LP, a Pennsylvania limited partnership.

17. | Greens at Waynesborough, L.P., a Pennsylvania limited partnership.

18. | Hoboken Land LP, a New Jersey limited partnership.

19. | Hockessin Chase, L.P., a Delaware limited partnership.

20. | Laurel Creek, L.P., a New Jersey limited partnership.

21. | Loudoun Valley Associates, L.P., a Virginia limited partnership.

22. | NC Country Club Estates Limited Partnership, a North Carolina limited partnership.

23. | Plymouth Apartments Management LP, a Pennsylvania limited partnership.

24. | Reston Note Co. LP, a Virginia limited partnership.

25. | Sorrento at Dublin Ranch I LP, a California limited partnership.

26. | Sorrento at Dublin Ranch III LP, a California limited partnership.

27. | South Riding Amberlea LP, a Virginia limited partnership.

28. | South Riding, L.P., a Virginia limited partnership.

29. | South Riding Partners Amberlea LP, a Virginia limited partnership.

30. | South Riding Partners, L.P., a Virginia limited partnership.

31. | Southport Landing Limited Partnership, a Connecticut limited partnership.

32. | Springton Pointe, L.P., a Pennsylvania limited partnership.

33. | Stone Mill Estates, L.P. a Pennsylvania limited partnership.

34. | Swedesford Chase, L.P., a Pennsylvania limited partnership.

35. | TBI/Palm Beach Limited Partnership, a Florida limited partnership.

36. | Toll Apartments, LP, a Delaware limited partnership.

37. | Toll at Brier Creek Limited Partnership, a North Carolina limited partnership.

38. | Toll at Westlake, L.P., a New Jersey limited partnership.

39. | Toll at Whippoorwill, L.P., a New York limited partnership.

40. | Toll Brooklyn L.P., a New York limited partnership.

41. | Toll Brooklyn Pier GP L.P., a New York limited partnership.

42. | Toll Brooklyn Pier L.P., a New York limited partnership.

43. | Toll Brothers AZ Limited Partnership, an Arizona limited partnership.

44. | Toll CA, L.P., a California limited partnership.

45. | Toll CA II, L.P., a California limited partnership.

46. | Toll CA III, L.P., a California limited partnership.

47. | Toll CA IV, L.P., a California limited partnership.

48. | Toll CA V, L.P., a California limited partnership.

49. | Toll CA VI, L.P., a California limited partnership.

50. | Toll CA VII, L.P., a California limited partnership.

51. | Toll CA VIII, L.P., a California limited partnership.

52. | Toll CA IX, L.P., a California limited partnership.

53. | Toll CA X, L.P., a California limited partnership.

54. | Toll CA XI, L.P., a California limited partnership.

55. | Toll CA XII, L.P., a California limited partnership.

56. | Toll CA XIX, L.P., a California limited partnership.

57. | Toll CA XX, L.P., a California limited partnership.

58. | Toll CO, L.P., a Colorado limited partnership.

59. | Toll CO II, L.P., a Colorado limited partnership.

60. | Toll CO III, L.P., a Colorado limited partnership.

61. | Toll CP Limited Partnership, a Maryland limited partnership.

62. | Toll CT Limited Partnership, a Connecticut limited partnership.

63. | Toll CT II Limited Partnership, a Connecticut limited partnership.

64. | Toll CT III Limited Partnership, a Connecticut limited partnership.

65. | Toll CT IV Limited Partnership, a Connecticut limited partnership.

66. | Toll DE LP, a Delaware limited partnership.

67. | Toll DE II LP, a Delaware limited partnership.

68. | Toll District 7 LP, a California limited partnership.

69. | Toll Dolington LP, a Pennsylvania limited partnership.

70. | Toll Estero Limited Partnership, a Florida limited partnership.

71. | Toll FL Limited Partnership, a Florida limited partnership.

72. | Toll FL II Limited Partnership, a Florida limited partnership.

73. | Toll FL III Limited Partnership, a Florida limited partnership.

74. | Toll FL IV Limited Partnership, a Florida limited partnership.

75. | Toll FL V Limited Partnership, a Florida limited partnership.

76. | Toll FL VI Limited Partnership, a Florida limited partnership.

77. | Toll FL VII Limited Partnership, a Florida limited partnership.

78. | Toll FL VIII Limited Partnership, a Florida limited partnership.

79. | Toll FL X Limited Partnership, a Florida limited partnership.

80. | Toll FL XI Limited Partnership, a Florida limited partnership.

81. | Toll FL XII Limited Partnership, a Florida limited partnership.

82. | Toll FL XIII Limited Partnership, a Florida limited partnership.

83. | Toll French Creek LP, a Pennsylvania limited partnership.

84. | Toll GA LP, a Georgia limited partnership.

85. | Toll Gibraltar LP, a Pennsylvania limited partnership.

86. | Toll Grove LP, a New Jersey limited partnership.

87. | Toll Hudson LP, a New Jersey limited partnership.

88. | Toll IL HWCC, L.P., an Illinois limited partnership.

89. | Toll IL, L.P., an Illinois limited partnership.

90. | Toll IL II, L.P., an Illinois limited partnership.

91. | Toll IL III, L.P., an Illinois limited partnership.

92. | Toll IL IV, L.P., an Illinois limited partnership.

93. | Toll IL WSB, L.P., an Illinois limited partnership.

94. | Toll Jacksonville Limited Partnership, a Florida limited partnership.

95. | Toll Land IV Limited Partnership, a New Jersey limited partnership.

96. | Toll Land V Limited Partnership, a New York limited partnership.

97. | Toll Land VI Limited Partnership, a New York limited partnership.

98. | Toll Land IX Limited Partnership, a Virginia limited partnership.

99. | Toll Land X Limited Partnership, a Virginia limited partnership.

100. | Toll Land XI Limited Partnership, a New Jersey limited partnership.

101. | Toll Land XV Limited Partnership, a Virginia limited partnership.

102. | Toll Land XVI Limited Partnership, a New Jersey limited partnership.

103. | Toll Land XVIII Limited Partnership, a Connecticut limited partnership.

104. | Toll Land XIX Limited Partnership, a California limited partnership.

105. | Toll Land XX Limited Partnership, a California limited partnership.

106. | Toll Land XXI Limited Partnership, a Virginia limited partnership.

107. | Toll Land XXII Limited Partnership, a California limited partnership.

108. | Toll Land XXIII Limited Partnership, a California limited partnership.

109. | Toll Land XXV Limited Partnership, a New Jersey limited partnership.

110. | Toll MA Land Limited Partnership, a Massachusetts limited partnership.

111. | Toll MA Land III Limited Partnership, a Massachusetts limited partnership.

112. | Toll MD AF Limited Partnership, a Maryland limited partnership.

113. | Toll MD Limited Partnership, a Maryland limited partnership.

114. | Toll MD II Limited Partnership, a Maryland limited partnership.

115. | Toll MD III Limited Partnership, a Maryland limited partnership.

116. | Toll MD IV Limited Partnership, a Maryland limited partnership.

117. | Toll MD V Limited Partnership, a Maryland limited partnership.

118. | Toll MD VI Limited Partnership, a Maryland limited partnership.

119. | Toll MD VII Limited Partnership, a Maryland limited partnership.

120. | Toll MD VIII Limited Partnership, a Maryland limited partnership.

121. | Toll MD IX Limited Partnership, a Maryland limited partnership.

122. | Toll MD X Limited Partnership, a Maryland limited partnership.

123. | Toll MD XI Limited Partnership, a Maryland limited partnership.

124. | Toll MI Limited Partnership, a Michigan limited partnership.

125. | Toll MI II Limited Partnership, a Michigan limited partnership.

126. | Toll MI III Limited Partnership, a Michigan limited partnership.

127. | Toll MI IV Limited Partnership, a Michigan limited partnership.

128. | Toll MI V Limited Partnership, a Michigan limited partnership.

129. | Toll MI VI Limited Partnership, a Michigan limited partnership.

130. | Toll MN, L.P., a Minnesota limited partnership.

131. | Toll MN II, L.P., a Minnesota limited partnership.

132. | Toll Naples Limited Partnership, a Florida limited partnership.

133. | Toll Naval Associates, a Pennsylvania general partnership.

134. | Toll NC, L.P., a North Carolina limited partnership.

135. | Toll NC II LP, a North Carolina limited partnership.

136. | Toll NC III LP, a North Carolina limited partnership.

137. | Toll NJ, L.P., a New Jersey limited partnership.

138. | Toll NJ II, L.P., a New Jersey limited partnership.

139. | Toll NJ III, L.P., a New Jersey limited partnership.

140. | Toll NJ IV, L.P., a New Jersey limited partnership.

141. | Toll NJ VI, L.P., a New Jersey limited partnership.

142. | Toll NJ VII, L.P., a New Jersey limited partnership.

143. | Toll NJ VIII, L.P., a New Jersey limited partnership.

144. | Toll NJ IX, L.P., a New Jersey limited partnership.

145. | Toll NJ XI, L.P., a New Jersey limited partnership.

146. | Toll NJ XII LP, a New Jersey limited partnership.

147. | Toll NV Limited Partnership, a Nevada limited partnership.

148. | Toll NY L.P., a New York limited partnership.

149. | Toll NY III L.P., a New York limited partnership.

150. | Toll NY IV L.P., a New York limited partnership.

151. | Toll NY V L.P., a New York limited partnership.

152. | Toll Orlando Limited Partnership, a Florida limited partnership.

153. | Toll PA, L.P., a Pennsylvania limited partnership.

154. | Toll PA II, L.P., a Pennsylvania limited partnership.

155. | Toll PA III, L.P., a Pennsylvania limited partnership.

156. | Toll PA IV, L.P., a Pennsylvania limited partnership.

157. | Toll PA V, L.P., a Pennsylvania limited partnership.

158. | Toll PA VI, L.P., a Pennsylvania limited partnership.

159. | Toll PA VIII, L.P., a Pennsylvania limited partnership.

160. | Toll PA IX, L.P., a Pennsylvania limited partnership.

161. | Toll PA X, L.P., a Pennsylvania limited partnership.

162. | Toll PA XI, L.P., a Pennsylvania limited partnership.

163. | Toll PA XII, L.P., a Pennsylvania limited partnership.

164. | Toll PA XIII, L.P., a Pennsylvania limited partnership.

165. | Toll PA XIV, L.P., a Pennsylvania limited partnership.

166. | Toll PA XV, L.P., a Pennsylvania limited partnership.

167. | Toll PA XVI, L.P., a Pennsylvania limited partnership.

168. | Toll PA XVII, L.P., a Pennsylvania limited partnership.

169. | Toll PA XVIII, L.P., a Pennsylvania limited partnership.

170. | Toll PA XIX, L.P., a Pennsylvania limited partnership.

171. | Toll PA Development LP, a Pennsylvania limited partnership.

172. | Toll PA Management LP, a Pennsylvania limited partnership.

173. | Toll Plaza, LP, a Pennsylvania limited partnership.

174. | Toll Realty Holdings LP, a Delaware limited partnership.

175. | Toll RI, L.P., a Rhode Island limited partnership.

176. | Toll RI II, L.P., a Rhode Island limited partnership.

177. | Toll SC, L.P., a South Carolina limited partnership.

178. | Toll SC II, L.P., a South Carolina limited partnership.

179. | Toll SC III, L.P., a South Carolina limited partnership.

180. | Toll SC IV, L.P., a South Carolina limited partnership.

181. | Toll Stonebrae LP, a California limited partnership.

182. | Toll VA, L.P., a Virginia limited partnership.

183. | Toll VA II, L.P., a Virginia limited partnership.

184. | Toll VA III, L.P., a Virginia limited partnership.

185. | Toll VA IV, L.P., a Virginia limited partnership.

186. | Toll VA V, L.P., a Virginia limited partnership.

187. | Toll VA VI, L.P., a Virginia limited partnership.

188. | Toll VA VII, L.P., a Virginia limited partnership.

189. | Toll VA VIII, L.P., a Virginia limited partnership.

190. | Toll WV, L.P., a West Virginia limited partnership.

191. | Toll YL II, L.P., a California limited partnership.

192. | Toll Washington Square LP, a Delaware limited partnership.

193. | Toll-Dublin, L.P., a California limited partnership.

194. | Dolington Land LP, a Pennsylvania limited partnership (66.6% owned by one of Registrant’s subsidiaries)

C. Joint Venture (Wholly-Owned)

1. | Porter Ranch Development Co., a California joint venture.

D. Limited Liability Companies

1. | 31 E. Thomas Road LLC, an Arizona limited liability company.

2. | 55 West 17th Street Partners LLC, a New York limited liability company.

3. | 89 Park Avenue LLC, a New York limited liability company.

4. | 100 Barrow Street LLC, a New York limited liability company.

5. | 100 Barrow Street Member LLC, a New York limited liability company.

6. | 122-130 East 23rd Street Owner LLC, a New York limited liability company.

7. | 122-130 East 23rd Street Owner Member LLC, a New York limited liability company.

8. | 126-142 Morgan Street Urban Renewal LLC, a New Jersey limited liability company.

9. | 134 Bay Street LLC, a Delaware limited liability company.

10. | 353-357 Broadway Owner LLC, a New York limited liability company.

11. | 353-357 Broadway Owner Member LLC, a New York limited liability company.

12. | 435 North Broad Associates LLC, a Delaware limited liability company.

13. | 700 Grove Street Urban Renewal, LLC, a New Jersey limited liability company.

14. | 1400 Hudson LLC, a New Jersey limited liability company.

15. | 1450 Washington LLC, a New Jersey limited liability company.

16. | 1451 Hudson LLC, a New Jersey limited liability company.

17. | 1500 Garden St. LLC, a New Jersey limited liability company.

18. | 2686-2690 Broadway LLC, a New York limited liability company.

19. | 2686-2690 Broadway Member LLC, a Delaware limited liability company.

20. | Approvals Management LLC, a Delaware limited liability company.

21. | Approvals Management Member LLC, a Delaware limited liability company.

22. | Arbor Hills Development LLC, a Michigan limited liability company.

23. | Arbors Porter Ranch, LLC, a California limited liability company.

24. | Belmont Country Club I LLC, a Virginia limited liability company.

25. | Belmont Country Club II LLC, a Virginia limited liability company.

26. | Block 255 LLC, a New Jersey limited liability company.

27. | Block 268 LLC, a New Jersey limited liability company.

28. | Brier Creek Country Club I LLC, a North Carolina limited liability company.

29. | Brier Creek Country Club II LLC, a North Carolina limited liability company.

30. | Broad Washington GP, LLC, a Delaware limited liability company.

31. | Byers Commercial LLC, a Delaware limited liability company.

32. | Component Systems I LLC, a Delaware limited liability company.

33. | Component Systems II LLC, a Delaware limited liability company.

34. | Corporate Drive Apartments LLC, a New York limited liability company.

35. | CWG Construction Company LLC, a New Jersey limited liability company.

36. | CWG Management LLC, a New Jersey limited liability company.

37. | Dominion Valley Country Club I LLC, a Virginia limited liability company.

38. | Dominion Valley Country Club II LLC, a Virginia limited liability company.

39. | East Windsor Investments I LLC, a New Jersey limited liability company.

40. | East Windsor Investments II LLC, a New Jersey limited liability company.

41. | Enclave at Long Valley I LLC, a New Jersey limited liability company.

42. | Enclave at Long Valley II LLC, a New Jersey limited liability company.

43. | First Brandywine LLC I, a Delaware limited liability company.

44. | First Brandywine LLC II, a Delaware limited liability company.

45. | First Avenue Sutton Member LLC, a Delaware limited liability company.

46. | French Creek Acquisition GP, LLC, a Delaware limited liability company.

47. | Frenchman’s Reserve Realty, LLC, a Florida limited liability company.

48. | GB LB-ESSEX1 LLC, a Delaware limited liability company.

49. | GCAM REO LLC, a Delaware limited liability company.

50. | Gibraltar AB Investments LLC, a Delaware limited liability company.

51. | Gibraltar Asset Management Services LLC, a Delaware limited liability company.

52. | Gibraltar BBI Investments LLC, a Delaware limited liability company.

53. | Gibraltar BMI LLC, a Delaware limited liability company.

54. | Gibraltar Capital and Asset Management LLC, a Delaware limited liability company.

55. | Gibraltar Real Estate Capital LLC, a Delaware limited liability company.

56. | Golden Triangle Financial LLC, a Delaware limited liability company.

57. | Goshen Road Land Company LLC, a Pennsylvania limited liability company.

58. | Hampton Hall Investments LLC, a South Carolina limited liability company.

59. | Hasentree Country Club I LLC, a North Carolina limited liability company.

60. | Hasentree Country Club II LLC, a North Carolina limited liability company.

61. | Hatboro Road Associates LLC, a Pennsylvania limited liability company.

62. | HBNE Real Estate Investments I LLC, a Delaware limited liability company.

63. | HBNE Real Estate Investments II LLC, a Delaware limited liability company.

64. | HBSE Real Estate Investments I LLC, a Delaware limited liability company.

65. | HBSE Real Estate Investments II LLC, a Delaware limited liability company.

66. | HBWC Real Estate Investments I LLC, a Delaware limited liability company.

67. | HBWC Real Estate Investments II LLC, a Delaware limited liability company.

68. | Heritage Manor Development, LLC, a Massachusetts limited liability company.

69. | HM Investments LLC, a Virginia limited liability company.

70. | HM Investments II LLC, a Virginia limited liability company.

71. | Hoboken Cove LLC, a New Jersey limited liability company.

72. | Hoboken Land I LLC, a Delaware limited liability company.

73. | Idaho TradeUp LLC, an Idaho limited liability company.

74. | Jacksonville TBI Realty, LLC, a Florida limited liability company.

75. | Liseter Land Company LLC, a Pennsylvania limited liability company.

76. | Liseter, LLC, a Delaware limited liability company.

77. | LL Parcel E, LLC, a New York limited liability company.

78. | LL Parcel I, LLC, a New York limited liability company.

79. | Long Meadows TBI, LLC, a Maryland limited liability company.

80. | Martinsburg Ventures, L.L.C., a Virginia limited liability company.

81. | Medway Residential LLC, a Delaware limited liability company.

82. | Mizner Realty, L.L.C., a Florida limited liability company.

83. | Morgan Street JV LLC, a Delaware limited liability company.

84. | Naples TBI Realty, LLC, a Florida limited liability company.

85. | Northville Lake Village Apartments Limited Liability Company, a Michigan limited liability company.

86. | Orlando TBI Realty LLC, a Florida limited liability company.

87. | Placentia Development Company, LLC, a California limited liability company.

88. | Plum Canyon Master LLC, a Delaware limited liability company.

89. | PRD Investors, LLC, a Delaware limited liability company.

90. | PT Maxwell Holdings, LLC, a New Jersey limited liability company.

91. | P.T. Maxwell, L.L.C., a New Jersey limited liability company.

92. | QOF IA, LLC, a Delaware limited liability company.

93. | QOF IB, LLC, a Delaware limited liability company.

94. | QOF II, LLC, a Delaware limited liability company.

95. | QOF III, LLC, a Delaware limited liability company.

96. | QOF IV, LLC, a Delaware limited liability company.

97. | QOZB IA, LLC, a Delaware limited liability company.

98. | QOZB IB, LLC, a Delaware limited liability company.

99. | QOZB III, LLC, a Delaware limited liability company.

100. | Rancho Costera LLC, a Delaware limited liability company.

101. | Regency at Denville, LLC, a New Jersey limited liability company.

102. | Regency at Dominion Valley LLC, a Virginia limited liability company.

103. | Regency at Washington I LLC, a New Jersey limited liability company.

104. | Regency at Washington II LLC, a New Jersey limited liability company.

105. | The Regency Golf Club I LLC, a Virginia limited liability company.

106. | The Regency Golf Club II LLC, a Virginia limited liability company.

107. | Ridge at Alta Vista Investments I LLC, a Texas limited liability company.

108. | Ridge at Alta Vista Investments II LLC, a Texas limited liability company.

109. | Ridge Residential LLC, a Delaware limited liability company.

110. | Saugus Residential LLC, a Delaware limited liability company.

111. | Scituate Residential LLC, a Delaware limited liability company.

112. | Shapell Hold Properties No. 1, LLC, a Delaware limited liability company.

113. | Shapell Land Company, LLC, a Delaware limited liability company.

114. | Snowmass Club I LLC, a Colorado limited liability company.

115. | Snowmass Club II LLC, a Colorado limited liability company.

116. | South Riding Realty LLC, a Virginia limited liability company.

117. | SR Amberlea LLC, a Virginia limited liability company.

118. | SRLP II LLC, a Virginia limited liability company.

119. | State College Apartments LLC, a Delaware limited liability company.

120. | Sterling Grove Country Club LLC, an Arizona limited liability company.

121. | Tampa TBI Realty LLC, a Florida limited liability company.

122. | TB Decatur LLC, a Delaware limited liability company.

123. | TB Ennis LLC, a Delaware limited liability company.

124. | TB Frisco Square LLC, a Delaware limited liability company.

125. | TBH Radnor LLC, a Delaware limited liability company.

126. | TB Kent Partners LLC, a Delaware limited liability company.

127. | TB Norwalk Apartments LLC, a Delaware limited liability company.

128. | TB Plano 1 LLC, a Delaware limited liability company.

129. | TB Point Two Welborn LLC, a Delaware limited liability company.

130. | TB Port Liberte LLC, a Delaware limited liability company.

131. | TB Public Ledger LLC, a Delaware limited liability company.

132. | TB Rivercrest LLC, a Delaware limited liability company.

133. | TB Van Buren LLC, a Delaware limited liability company.

134. | TB Warm Springs LLC, a California limited liability company.

135. | TB West Commerce LLC, a Delaware limited liability company.

136. | TB Wheeler Apartments LLC, a Delaware limited liability company.

137. | TB White Plains Apartments LLC, a Delaware limited liability company.

138. | TL Oil & Gas LLC, a Texas limited liability company.

139. | Toll 7th Terrace LLC, a Delaware limited liability company.

140. | Toll Apartments Construction Management LLC, a Delaware limited liability company.

141. | Toll Apartments Development LLC, a Delaware limited liability company.

142. | Toll Apartments GP, LLC, a Delaware limited liability company.

143. | Toll Apartments Management LLC, a Delaware limited liability company.

144. | Toll Austin TX LLC, a Texas limited liability company.

145. | Toll Austin TX II LLC, a Texas limited liability company.

146. | Toll Austin TX III LLC, a Texas limited liability company.

147. | Toll BBC LLC, a Texas limited liability company.

148. | Toll BBC II LLC, a Texas limited liability company.

149. | Toll BCCC, LLC, an Illinois limited liability company.

150. | Toll Brothers Fort Monmouth LLC, a New Jersey limited liability company.

151. | Toll CA I LLC, a California limited liability company.

152. | Toll CA III LLC, a California limited liability company.

153. | Toll CA Note II LLC, a California limited liability company.

154. | Toll Cedar Hunt LLC, a Virginia limited liability company.

155. | Toll CO I LLC, a Colorado limited liability company.

156. | Toll College Park LLC, a Maryland limited liability company.

157. | Toll Commerce LLC, a Delaware limited liability company.

158. | Toll Corners LLC, a Delaware limited liability company.

159. | Toll Dallas TX LLC, a Texas limited liability company.

160. | Toll Damonte LLC, a Nevada limited liability company.

161. | Toll DC IV LLC, a District of Columbia limited liability company.

162. | Toll DC Development LLC, a Delaware limited liability company.

163. | Toll DC Holdings LLC, a Delaware limited liability company.

164. | Toll DC Management LLC, a Delaware limited liability company.

165. | Toll-Dublin, LLC, a California limited liability company.

166. | Toll East 23rd Street LLC, a Delaware limited liability company.

167. | Toll E. 33rd Street LLC, a Delaware limited liability company.

168. | Toll EB, LLC, a Delaware limited liability company.

169. | Toll Equipment, L.L.C., a Delaware limited liability company.

170. | Toll First Avenue LLC, a New York limited liability company.

171. | Toll FL I, LLC, a Florida limited liability company.

172. | Toll FL II LLC, a Florida limited liability company.

173. | Toll FL III LLC, a Florida limited liability company.

174. | Toll FL IV LLC, a Florida limited liability company.

175. | Toll FL V LLC, a Florida limited liability company.

176. | Toll GC LLC, a New York limited liability company.

177. | Toll GC II LLC, a New York limited liability company.

178. | Toll Gibraltar I LLC, a Pennsylvania limited liability company.

179. | Toll Gibraltar II LLC, a Pennsylvania limited liability company.

180. | Toll Glastonbury LLC, a Connecticut limited liability company.

181. | Toll Henderson LLC, a Nevada limited liability company.

182. | Toll Henderson II LLC, a Nevada limited liability company.

183. | Toll Hoboken LLC, a Delaware limited liability company.

184. | Toll Holmdel Urban Renewal LLC, a New Jersey limited liability company.

185. | Toll Houston Land LLC, a Texas limited liability company.

186. | Toll Houston TX LLC, a Texas limited liability company.

187. | Toll Huntington LLC, a Delaware limited liability company.

188. | Toll ID I LLC, an Idaho limited liability company.

189. | Toll IN LLC, an Indiana limited liability company.

190. | Toll Inspirada LLC, a Nevada limited liability company.

191. | Toll Jupiter LLC, a Florida limited liability company.

192. | Toll Lakes at Creekside GP LLC, a Texas limited liability company.

193. | Toll Land VII LLC, a New York limited liability company.

194. | Toll Landscape, L.L.C., a Delaware limited liability company.

195. | Toll Landscape II, L.L.C., a Delaware limited liability company.

196. | Toll Lexington LLC, a New York limited liability company.

197. | Toll Lexington GC LLC, a New York limited liability company.

198. | Toll MA I LLC, a Massachusetts limited liability company.

199. | Toll MA II LLC, a Massachusetts limited liability company.

200. | Toll MA III LLC, a Massachusetts limited liability company.

201. | Toll MA IV LLC, a Massachusetts limited liability company.

202. | Toll MA Development LLC, a Massachusetts limited liability company.

203. | Toll MA Holdings LLC, a Delaware limited liability company.

204. | Toll MA Land II GP LLC, a Delaware limited liability company.

205. | Toll MA Management LLC, a Massachusetts limited liability company.

206. | Toll Maxwell LLC, a New Jersey limited liability company.

207. | Toll MD I, L.L.C., a Maryland limited liability company.

208. | Toll MD II LLC, a Maryland limited liability company.

209. | Toll MD III LLC, a Maryland limited liability company.

210. | Toll MD IV LLC, a Maryland limited liability company.

211. | Toll MD Realty LLC, a Maryland limited liability company.

212. | Toll Mid-Atlantic II LLC, a Delaware limited liability company.

213. | Toll Midwest LLC, a Delaware limited liability company.

214. | Toll Milano LLC, a Delaware limited liability company.

215. | Toll Morgan Street LLC, a Delaware limited liability company.

216. | Toll NC I LLC, a North Carolina limited liability company.

217. | Toll NC IV LLC, a North Carolina limited liability company.

218. | Toll NC Note LLC, a North Carolina limited liability company.

219. | Toll NC Note II LLC, a North Carolina limited liability company.

220. | Toll Needham LLC, a Delaware limited liability company.

221. | Toll NJ I, L.L.C., a New Jersey limited liability company.

222. | Toll NJ II, L.L.C., a New Jersey limited liability company.

223. | Toll NJ III, LLC, a New Jersey limited liability company.

224. | Toll NJ IV LLC, a New Jersey limited liability company.

225. | Toll NJ Apartments Management LLC, a New Jersey limited liability company.

226. | Toll Northeast II LLC, a Delaware limited liability company.

227. | Toll Northeast VIII LLC, a Delaware limited liability company.

228. | Toll North LV LLC, a Nevada limited liability company.

229. | Toll North Reno LLC, a Nevada limited liability company.

230. | Toll NV GP I LLC, a Nevada limited liability company.

231. | Toll NV Holdings LLC, a Nevada limited liability company.

232. | Toll NY II LLC, a New York limited liability company.

233. | Toll Oak Creek Golf LLC, a Maryland limited liability company.

234. | Toll Orange Terrace LLC, a Delaware limited liability company.

235. | Toll Park Avenue South LLC, a Delaware limited liability company.

236. | Toll Parkland GSC LLC, a Florida limited liability company.

237. | Toll Parkland LLC, a Florida limited liability company.

238. | Toll PA Twin Lakes LLC, a Pennsylvania limited liability company.

239. | Toll Plaza, LLC, a Pennsylvania limited liability company.

240. | Toll Plymouth LLC, a Pennsylvania limited liability company.

241. | Toll Port Imperial LLC, a New Jersey limited liability company.

242. | Toll Prasada LLC, an Arizona limited liability company.

243. | Toll Provost Square I LLC, a Delaware limited liability company.

244. | Toll San Antonio TX LLC, a Texas limited liability company.

245. | Toll Sienna Member LLC, a Texas limited liability company.

246. | Toll Southeast II LLC, a Delaware limited liability company.

247. | Toll South LV LLC, a Nevada limited liability company.

248. | Toll South Reno LLC, a Nevada limited liability company.

249. | Toll Southwest LLC, a Delaware limited liability company.

250. | Toll Southwest II LLC, a Delaware limited liability company.

251. | Toll Sparks LLC, a Nevada limited liability company.

252. | Toll Stratford LLC, a Virginia limited liability company.

253. | Toll SW Holding LLC, a Nevada limited liability company.

254. | Toll Sutton Member Holdings LLC, a New York limited liability company.

255. | Toll Technology Investments, L.L.C., a Delaware limited liability company.

256. | Toll TX Note LLC, a Texas limited liability company.

257. | Toll VA III L.L.C., a Virginia limited liability company.

258. | Toll Van Wyck, LLC, a New York limited liability company.

259. | Toll Vanderbilt II LLC, a Rhode Island limited liability company.

260. | Toll Warren Urban Renewal LLC, a New Jersey limited liability company.

261. | Toll Warren 25 Urban Renewal LLC, a New Jersey limited liability company.

262. | Toll Washington Square GP LLC, a Delaware limited liability company.

263. | Toll WBLH Member LLC, a Maryland limited liability company.

264. | Toll West Coast LLC, a Delaware limited liability company.

265. | Toll West Coast II LLC, a Delaware limited liability company.

266. | Upper K Investors, LLC, a Delaware limited liability company.

267. | Upper K-Shapell, LLC, a Delaware limited liability company.

268. | Vanderbilt Capital LLC, a Rhode Island limited liability company.

269. | Van Wyck Residential I LLC, a New York limited liability company.

270. | Van Wyck Residential II LLC, a New York limited liability company.

271. | Virginia Construction Co. I, LLC, a Virginia limited liability company.

272. | Virginia Construction Co. II, LLC, a Virginia limited liability company.

273. | West Chester Partners Apartments LLC, a Pennsylvania limited liability company.

274. | Westminster Title Agency, LLC, a Maryland limited liability company.

275. | TB-CC II 7th Terrace LLC, a Delaware limited liability company (owned 71% by one of Registrant’s subsidiaries)

276. | 7th Terrace Investors LLC, a Delaware limited liability company (100% owned by TB-CC II 7th Terrace LLC)

277. | 7th Terrace Property Owner LLC, a Delaware limited liability company (100% owned by 7th Terrace Investors LLC)

278. | TB-CCF Commerce LLC, a Delaware limited liability company (85% owned by one of Registrant’s subsidiaries)

279. | 120 Commerce Holdings LLC (100% owned by TB-CCF Commerce LLC)

280. | 120 Commerce Apartments LLC (100% owned by 120 Commerce Holdings LLC)

281. | TB-CDG Orange Terrace LLC, a Delaware limited liability company (86.7% owned by one of Registrant’s subsidiaries)

282. | Orange Terrace Investors, LLC, a Delaware limited liability company (100% owned by TB-CDG Orange Terrace LLC)

283. | Orange Terrace Property Owner, LLC, a Delaware limited liability company (100% owned by Orange Terrace Investors, LLC)

284. | TB-MBPA Milano LLC, a Delaware limited liability company (97.7% owned by one of Registrant’s subsidiaries)

285. | TB Milano Holdings LLC, a Delaware limited liability company (100% owned by TB-MBPA Milano LLC)

286. | TB Milano Apartments LLC, a Delaware limited liability company (100% owned by TB Milano Holdings LLC)