HHH 📈 Howard Hughes - Overview

Howard Hughes Corporation, a prominent real estate development company in the United States, operates through four distinct segments: Operating Assets, Master Planned Communities, Seaport, and Strategic Developments. The Operating Assets segment encompasses a diverse portfolio of developed or acquired properties, including retail, office, and multi-family assets, in addition to other retail investments. This segment is focused on generating revenue through rental income, property management, and strategic investments in existing assets.

The Master Planned Communities segment is centered on the development, sale, and leasing of residential and commercial land, with a long-term focus on creating thriving communities in key markets such as Las Vegas, Nevada; Houston, Texas; and Phoenix, Arizona. This approach enables the company to capitalize on the growing demand for housing and commercial spaces in these regions, while also creating value for its stakeholders. By designing and developing master-planned communities, Howard Hughes Corporation is able to exert control over the entire development process, from land acquisition to construction and sales.

The Seaport segment is a unique aspect of the company's operations, focusing on the management of its restaurant, retail, and entertainment properties in prominent locations such as Pier 17 in New York City, as well as the Historic Area and Uplands. This segment also includes the Tin Building and 250 Water Street, in addition to the Jean-Georges restaurants. By leveraging its expertise in property management and hospitality, Howard Hughes Corporation is able to create engaging experiences for visitors and locals alike, while also generating revenue through landlord operations, managed businesses, and events and sponsorships.

The Strategic Development segment is responsible for the development and redevelopment of residential condominiums and commercial properties, with a focus on serving homebuilders and other key stakeholders. This segment enables the company to capitalize on emerging trends and opportunities in the real estate market, while also creating value for its customers and investors. With its headquarters in The Woodlands, Texas, and a web presence at https://www.howardhughes.com, Howard Hughes Corporation is well-positioned to continue its growth and expansion in the US real estate market, with a focus on creating long-term value for its shareholders and stakeholders.

As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol HHC, Howard Hughes Corporation is committed to transparency and accountability in its operations and financial reporting. With an ISIN of US44267T1025 and a classification as a common stock, the company's shares are widely traded and closely followed by investors and analysts. As a member of the Real Estate Development sub-industry, Howard Hughes Corporation is subject to the trends and fluctuations of the broader real estate market, while also seeking to differentiate itself through its unique approach to development and property management.