Month Year
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Month Year
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Jan 1, 2012
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Dec 13, 2011
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Dec 1, 2011
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Nov 10, 2011Third quarter 2011 net income was $9.6 million, excluding the $169.9 million non-cash warrant gain and $(15.2) million of non-recurring charges, compared to net income of $0.3 million, excluding a $(16.5) million reorganization charge, for the third quarter of 2010. Land sales in our Master Planned Community segment were $31.2 million for the third quarter 2011, compared to $24.0 million for third quarter 2010. Net operating income for our income-producing Operating Assets was $13.1 million for the third quarter 2011, compared to $10.8 million for third quarter 2010. Howard Hughes entered into joint ventures to develop its Ala Moana, Bridges at Mint Hill and a portion of the Columbia Town Center properties. Completed a $250.0 million flexible five-year financing for Ward Centers at a 3.45% interest rate.
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Nov 1, 2011HHC Partners with Local Developers Kettler and Orchard Development
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Oct 25, 2011Nexeo Solutions Signs on as Major Tenant
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Oct 13, 2011Burton Tansky and Mary Ann Tighe New Members Replacing David Arthur
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Oct 4, 2011
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Aug 28, 2011
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Aug 9, 2011Second quarter 2011 net income was $9.1 million, excluding the $56.9 million non-cash gain relating to a decrease in the estimated liability associated with the Company’s warrants, compared to net loss of $(28.0) million for the same period in the prior year. Second quarter 2011 net income attributable to common stockholders was $66.0 million. Master Planned Community land sales, including our share of the sales at The Woodlands joint venture, were $31.1 million for second quarter 2011, compared to $16.5 million for second quarter 2010. Net operating income for our Operating Assets was $10.4 million for second quarter 2011, compared to $11.2 million for second quarter 2010. Acquisition of partner’s interest in The Woodlands master planned community completed on July 1, 2011.