HHH

Howard Hughes Holdings Inc. develops, manages, and operates large-scale, master-planned communities and mixed-use properties across the United States. Headquartered in The Woodlands, Texas, the company was spun off from General Growth Properties in 2010 and derives its name from the legendary aviator and businessman who established many of its original communities. HHH owns approximately 35,000 acres of land across 14 properties, primarily concentrated in Texas, Nevada, Arizona, and Hawaii. The company's flagship master-planned communities include The Woodlands and Bridgeland in the Houston area, Summerlin in Las Vegas, and Ward Village in Honolulu. Its business model generates revenue through land sales to homebuilders and commercial developers, as well as through its operating asset portfolio that includes retail, office, and hospitality properties. The company also operates the Seaport entertainment district in New York City. In March 2024, Howard Hughes completed a significant corporate restructuring that separated its Seaport assets into a newly formed entity. The company benefits from its strategic land holdings in high-growth markets and its vertically integrated approach to community development. With a pipeline spanning multiple decades, HHH maintains long-term development rights that position it to capture value appreciation as its communities mature and surrounding areas expand.