Toll Brothers, Inc. 's ( TOL - Free Report ) subsidiary, Toll Brothers Apartment Living announced a new joint venture with real estate investment firm, Canyon Partners Real Estate LLC, to develop Westerly — a 331-unit, mixed use, luxury apartment community. Located in the West Dallas submarket, the community will be easily accessible to Trinity Groves — one of Dallas' most desirable dining and entertainment districts. Importantly, for the construction of this seven-story midrise wood frame and podium wrap building, the joint venture has secured a $42-million loan.