Five Point Holdings, LLC (FPH) Reports Q1 EPS of $0.35
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Five Point Holdings, LLC Reports First Quarter 2019 Results
May 7, 2019 4:15 PM EDTFirst Quarter 2019 and Recent Highlights
Submitted a revised plan for the first phase of Candlestick that is expected to be approved by the City of San Francisco in 2019. The revised plan is designed to include approximately 1,600 homes, 750,000 square feet of office space, and 300,000 square feet of lifestyle mainly centered around retail. Continued land development activity at Valencia (formerly Newhall) in Los Angeles County positions the Company to deliver homesites and generate revenue at this community in the fourth quarter of 2019. Received approvals to build an additional 1,056 homes at... More