Five Point Holdings, LLC (FPH) Reports Q3 EPS of $0.00
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Five Point Holdings, LLC Reports Third Quarter 2021 Results
November 3, 2021 4:15 PM EDTThird Quarter 2021 Highlights
Great Park Venture sold 113 homesites and 8 homes generating proceeds of $78.0 million. Great Park Neighborhoods home sales were 135 during the third quarter bringing the total to 591 year-to-date, representing a 44% increase compared to the first nine months of 2020. In Valencia, 11 neighborhoods are open for sale by builders, and the first homebuyers moved into their new homes in the third quarter. Valencia home sales were 156 during the third quarter and 199 through the end of the quarter since sales commenced in May 2021. Consolidated revenues of $20.7 million; consolidated net loss of $8.2... More