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Howard Hughes Holdings Inc. Reports Second Quarter 2024 Results
GlobeNewswire News Room· 2024-07-26 11:00
Strategic Developments At The Launiu—Ward Village's newest development—pre-sales continued at a solid pace with 66 units contracted in the quarter. At quarter end, 51% of the tower's 485 residences were pre-sold. Construction on Kalae—Ward Village's 10th condo tower—commenced in June. During the second quarter, seven units were contracted with 92% of its 329 condos pre-sold. Contracted to sell 16 residences at The Ritz Carlton Residences, The Woodlands. At quarter end, 72 condos, or 65% of available units, ...
Howard Hughes Holdings Inc. Announces Change to Seaport Entertainment Group Inc.'s Post-spinoff Stock Exchange
Newsfilter· 2024-07-23 22:21
Core Viewpoint - Howard Hughes Holdings Inc. announced the upcoming distribution of shares of Seaport Entertainment Group Inc. to its common stockholders, with trading expected to begin on NYSE American [1][2]. Group 1: Distribution Details - The distribution of Seaport Entertainment shares will occur for HHH common stockholders of record as of July 29, 2024, with the distribution payable after market close on July 31, 2024 [1]. - "When-issued" trading of Seaport Entertainment common stock is set to begin on July 29, 2024, under the symbol "SEG WI," while regular trading will commence on August 1, 2024, under the symbol "SEG" [2]. - HHH common stock will continue to trade "regular way" on the NYSE under the symbol "HHH" until the distribution date, with two markets for HHH stock expected to exist starting July 29, 2024: "regular way" and "ex-distribution" [2]. Group 2: Regulatory and Information Aspects - An Information Statement detailing the distribution and Seaport Entertainment's business will be mailed to HHH stockholders prior to the distribution date [3]. - The distribution is contingent upon customary conditions, including the SEC declaring Seaport Entertainment's Registration Statement effective [3]. Group 3: Company Overview - Howard Hughes Holdings Inc. is involved in owning, managing, and developing commercial, residential, and mixed-use real estate across the U.S., with a portfolio that includes master planned communities and various operating properties [4]. - The company is recognized for its commitment to innovative placemaking and design excellence, positioning itself as a strong player in the real estate market [4].
Howard Hughes Holdings (HHH) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-07-19 15:06
Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising th ...
Howard Hughes Holdings Inc. Board of Directors Approves Separation of Seaport Entertainment Group Inc.
Newsfilter· 2024-07-18 23:09
THE WOODLANDS, Texas, July 18, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) (the "Company" or "HHH") announced today that its Board of Directors has authorized and declared a pro rata distribution (the "Distribution") of 100% of the outstanding shares of common stock of Seaport Entertainment Group Inc. ("Seaport Entertainment") to holders of record of HHH common stock as of the close of business on July 29, 2024 (the "Record Date"). The Distribution is expected to be payable after market ...
Howard Hughes Holdings Inc. Appoints Bhupesh Arora as Chief Technology Officer
Newsfilter· 2024-07-16 11:11
Mr. Arora serves as Board Executive Chair for Innovate@UCLA, a non-profit organization providing educational and innovative technology events for companies. Mr. Arora earned a bachelor's degree in production engineering from Fr. Conceicao Rodrigues College of Engineering, Mumbai, India, and an MBA from University of Arizona's Eller College of Management. THE WOODLANDS, Texas, July 16, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) today announced that Bhupesh Arora has been named the compa ...
Howard Hughes Holdings Inc. Announces Dates and Times for 2024 Second Quarter Earnings Release and Conference Call
Newsfilter· 2024-07-09 11:17
Please visit the Howard Hughes website to listen to the earnings call via a live webcast. Listeners who wish to participate in the question and answer session may do so via telephone by pre-registering on HHH's earnings call registration website. All registrants will receive dial-in information and a PIN allowing them to access the live call. An on-demand replay of the earnings call will be available on the Company's website immediately following the conclusion of the live call for a period of one year. THE ...
Howard Hughes Holdings Inc. Announces Dates and Times for 2024 Second Quarter Earnings Release and Conference Call
GlobeNewswire News Room· 2024-07-09 11:17
THE WOODLANDS, Texas, July 09, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) ("the Company" or "Howard Hughes") announced today that the Company will release 2024 second quarter earnings on Friday, July 26, 2024, at 7:00 a.m. Eastern Time, followed by its second quarter conference call at 9:30 a.m. Eastern Time. The Company's earnings release will be posted to the Investors section of the Company's website prior to the conference call. Howard Hughes Holdings Inc. owns, manages, and develo ...
Howard Hughes Holdings Inc. Acquires Waterway Plaza II Office Building in the Woodlands®, Texas
Newsfilter· 2024-06-27 11:17
THE WOODLANDS, Texas, June 27, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE:HHH) announced today the acquisition of Waterway Plaza II, a Class A office building that offers 142,448 rentable square feet in The Woodlands Town Center—the downtown core of the company's acclaimed community of The Woodlands® in the Greater Houston region. Purchased for $19.2 million, the six-story building sits on a 3.23-acre site and includes a 1,316-space parking garage. With current occupancy of 55%, Waterway Pla ...
Howard Hughes Holdings Inc. Acquires Waterway Plaza II Office Building in the Woodlands®, Texas
GlobeNewswire News Room· 2024-06-27 11:17
THE WOODLANDS, Texas, June 27, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) announced today the acquisition of Waterway Plaza II, a Class A office building that offers 142,448 rentable square feet in The Woodlands Town Center—the downtown core of the company's acclaimed community of The Woodlands® in the Greater Houston region. Purchased for $19.2 million, the six-story building sits on a 3.23-acre site and includes a 1,316-space parking garage. With current occupancy of 55%, Waterway Pl ...
Howard Hughes Holdings Inc. Announces Appointment of Dana Hamilton to Board of Directors
Newsfilter· 2024-06-18 10:50
"Dana's senior leadership experience building large businesses in the apartment and single-family rental industries brings a valuable asset to Howard Hughes as the company continues to expand within these market sectors to meet the growing demand for housing solutions," said Scot Sellers, Chairman of the Board of Howard Hughes. "With her proven track record of innovation and value creation, Dana is an excellent addition to the HHH board." Ms. Hamilton recently retired from Pretium, where she was a Senior Ma ...