Articles from Howard Hughes Holdings Inc.

THE WOODLANDS, Texas, March 03, 2025 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSEHHH) (the “Company” or “HHH”) announced that the Special Committee of its Board of Directors (the “Special Committee”) responded to Pershing Square Capital Management L.P. (“Pershing Square”) indicating that the proposal received on February 13, 2025 (the “Revised Proposal”) is not acceptable in its current form. The Special Committee also announced that it has entered into a standstill agreement with Pershing Square to facilitate further discussions to explore potential alternatives. The standstill agreement will remain in effect until March 13, 2025, unless otherwise extended.

Strong fourth quarter performance leads to record financial results across all segments— MPC and Operating Assets momentum expected to continue into 2025

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New Guidelines to Bolster Community Growth and Guide Future Redevelopment

HHH to Host Earnings Call on February 27, 2025

No Stockholder Action Required at this Time

Strong New Home Sales Continue Across the Howard Hughes National Portfolio

THE WOODLANDS, Texas, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSEHHH) announced today it will host its 2024 Investor Day on Monday, November 18 in Summerlin®, the company’s award-winning master planned community in Las Vegas, Nevada. The event will include a presentation led by the HHH executive team which will be webcast live starting at 1:00 p.m. Pacific Time (4:00 p.m. Eastern Time).

Real Estate Industry Veteran to Lead Acclaimed Howard Hughes Community of Summerlin® in Las Vegas

Strong demand for MPC residential land and impressive financial performance across the portfolio solidify positive full-year outlook with upgraded guidance in all segments

Seventh residential tower set unprecedented sales record for premier O‘ahu community

Company’s Latest Communities Report Details Commitment to Responsible Development

First Stand-Alone Ritz-Carlton Condominiums in Texas Begins Construction Amidst Unprecedented Sales Momentum with 69% of Homes Pre-Sold

Summerlin® Joins Howard Hughes Communities in Texas, Maryland, and Hawaiʻi Recognized by USGBC for Environmental Stewardship and Overall Quality of Life

Real estate industry veteran to lead Teravalis™, new Howard Hughes community in Phoenix West Valley

Announcement follows public statement by Company’s largest stockholder that it is evaluating the possibility of making a proposal to take HHH private

Howard Hughes Communities Deliver Strong Home Sales and Land Sales in First Half of 2024 Supporting Expectation of Record-Breaking Year for HHH Portfolio

THE WOODLANDS, Texas, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSEHHH) (the “Company” or “HHH”) today announced the completion of the spinoff of the Company's Seaport Entertainment division into a separate public company, Seaport Entertainment Group Inc., effective 11:59 p.m. Eastern Time on July 31, 2024.

Strong performance continues across core businesses with record-setting price per acre in MPCs and improved full-year guidance for Operating Assets and Condos

Seaport Entertainment Group to Trade on the NYSE American Stock Exchange

THE WOODLANDS, Texas, July 18, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSEHHH) (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 close on July 31, 2024 (the “Distribution Date”). As a result of the Distribution, holders of HHH common stock will receive one share of Seaport Entertainment common stock for every nine shares of HHH common stock held at the close of business on the Record Date.

THE WOODLANDS, Texas, July 16, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSEHHH) today announced that Bhupesh Arora has been named the company’s Chief Technology Officer. Mr. Arora will oversee technology strategy, development, and operations across the company’s national portfolio of large-scale master planned communities and mixed-use properties.

HHH to Host Earnings Call on July 26, 2024

THE WOODLANDS, Texas, June 27, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSEHHH) 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 Plaza II provides much needed inventory to Howard Hughes’ office portfolio in The Woodlands Town Center, which is currently 96% leased.

THE WOODLANDS, Texas, June 18, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSEHHH) announced today the appointment of Dana Hamilton to the company’s Board of Directors. Ms. Hamilton is a veteran C-suite executive with a track record of growing successful real estate operating and investment companies and using data analytics and technology to drive performance-enhancing organizational and industry change.

THE WOODLANDS, Texas, June 13, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSEHHH) announced today the closing on the refinancing of 9950 Woodloch Forest Drive, the 601,000-square-foot Class A office tower in The Woodlands®. The five-year, non-recourse $130 million loan bears interest at a fixed rate of 7.075% and amortizes on a 30-year schedule. This refinancing addresses HHH’s largest debt maturity in the next two years, representing 24% of the company’s 2025 debt maturities.

Presentation and Live Webcast to be Held June 4, 2024, at 10:15 am ET

New York State Appeals Court Upholds Public Approvals and Clears Way for Future Development of Seaport Site

Strong momentum continues into the first quarter, reaffirming expectations for a robust 2024

HHH to Host Earnings Call on May 9, 2024

Long-time HHH Board Member and former Archstone CEO to succeed Bill Ackman as Board Chairman;Pershing Square Capital Management, L.P. Partner Ben Hakim to be nominated to Howard Hughes Board of Directors to replace Ackman who will not stand for reelection

Lennar, Brightland Homes, KB Home, and Courtland Communities Slated to Build Homes for Launch of New Howard Hughes Community in Phoenix West Valley

Howard Hughes Announces Unprecedented Sales Velocity at New Residential Project Designed by Robert A.M. Stern Architects in Greater Houston, Texas Area

‘Ilima Ward Village to offer an unrivaled living experience at acclaimed O‘ahu community

Nation’s #5 top-selling community earns two Gold Awards at NAHB International Builders’ Show

Strong fourth quarter performance propels full year MPC EBT and Operating Assets NOI to new all-time highs with momentum expected to continue into 2024

THE WOODLANDS, Texas, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSEHHH) announced today that Joseph Valane has been appointed General Counsel and Secretary of the company, effective March 18, 2024. Mr. Valane will oversee all legal matters for Howard Hughes and its national portfolio of award-winning communities.

HHH to Host Earnings Call on February 28, 2024

Howard Hughes Communities Distinguished by Strong New Home Sales