Five Point Holdings, LLC (FPH) Reports Q1 Revenues Below Estiamtes

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Five Point Holdings, LLC Announces First Quarter 2018 Results

May 14, 2018 4:15 PM EDT

First Quarter 2018 and Recent Highlights

Continued development at Newhall Ranch. On track for land deliveries at the end of 2019. Milestone approvals secured for additional commercial entitlements in San Francisco while moving forward with infrastructure at Candlestick. Sale of 33 acres for $166 million with approval to build 536 homes in the Great Park Neighborhoods. Company maintains strong credit profile, including total liquidity of $902 million and debt to total capitalization of 24.1% at March 31, 2018.

ALISO VIEJO, Calif.--(BUSINESS WIRE)-- Five Point Holdings, LLC (Five Point or... More