ChannelTwoNews Posted July 18, 2023 Share Posted July 18, 2023 https://www.houstonchronicle.com/business/real-estate/article/howard-hughes-holding-parent-company-new-houston-18204344.php "Howard Hughes Corp., the real estate development firm behind Bridgeland and The Woodlands, announced it is forming a new parent company that could help it fund future investment opportunities. The company, which is based in The Woodlands, said it plans to create the Howard Hughes Holding Corp., a new parent company that will take its place on the New York Stock Exchange. The ticker symbol, HHC, will remain the same. " 1 Quote Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted August 15, 2023 Author Share Posted August 15, 2023 https://www.bisnow.com/houston/news/capital-markets/howard-hughes-corp-downgraded-to-b-credit-rating-amid-revenue-declines-higher-debt-levels-120195 "The firm’s issuer credit rating was lowered from a B+ to a B, driven in part by a 23% profit loss in its master-planned communities business in the second quarter, according to an S&P Global news release. The company’s strategic development segment is also expected to see revenue drop from $680M in 2022 to about $40M this year." 1 Quote Link to comment Share on other sites More sharing options...
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