{"schema_version":"secwatch.filing_event.v1","accession":"0000794170-25-000079","form_type":"8-K","ticker":"TOL","cik":"0000794170","company_name":"Toll Brothers, Inc.","filed_at":"2025-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.386821+00:00","generated_at":"2026-05-17T06:18:37.057394+00:00","sec_items":["7.01","9.01","99.1"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Kennedy Wilson acquires Toll Brothers' Apartment Living platform for $347M; adds >$5B AUM","bullets":["Kennedy Wilson to buy Toll Brothers Apartment Living platform for $347M; close expected Oct 2025.","Deal includes 18 acquired properties ($2.2B AUM) and 29 development sites (~$3.6B capital).","Kennedy Wilson will manage 20 remaining properties ($3.0B AUM); Toll to exit multifamily.","Toll Brothers intends to focus on core luxury homebuilding and become more asset-light.","Kennedy Wilson expects to retain entire Apartment Living executive team and employees."],"urls":{"canonical":"https://secwatch.observer/filing/0000794170-25-000079","json":"https://secwatch.observer/filing/0000794170-25-000079.json","markdown":"https://secwatch.observer/filing/0000794170-25-000079.md","text":"https://secwatch.observer/filing/0000794170-25-000079.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/794170/000079417025000079/0000794170-25-000079-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/794170/000079417025000079/tol-20250918.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:18:37.057394+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}