Five Point Holdings, LLC (FPH) Tops Q4 EPS by 17c
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Five Point Holdings, LLC Reports Fourth Quarter and Year-End 2019 Results
March 16, 2020 4:19 PM EDTFourth Quarter 2019
Sold 781 homesites at Valencia (formerly Newhall Ranch) in the fourth quarter of 2019 and closed on 711 of these homesites generating proceeds from the closed homesites of approximately $135 million. Company maintains ample liquidity of $470.8 million at December 31, 2019.ÂIRVINE, Calif.--(BUSINESS WIRE)-- Five Point Holdings, LLC (Five Point or the Company) (NYSE: FPH), an owner and developer of large mixed-use, master-planned communities in California, today reported its fourth quarter and year-end 2019 results. Emile Haddad, Chairman and CEO, said, The end of last year marked an... More
