Earnings call briefSecond-quarter 2026

Howard Hughes Holdings says roughly 78% of expected condo revenue is contracted

Chief Executive David O'Reilly said the company has more than $4 billion of future expected condominium revenue.

GetSignal Howard Hughes Holdings HHH

Chief Investment Officer Ryan Israel said on the call, in answer to a question on capital, that the company should naturally generate $2.5 billion to $3 billion of excess free cash flow over the next 5 years.

He said that is in addition to possible shorter-term supplements from opportunistic real estate monetization.

Quotes from the call

“And today, we have more than $4 billion of future expected condominium revenue with roughly 78% already under contract.”

David O'Reilly, Chief Executive Officer

Key facts from the call

Expected excess free cash flow
$2.5 billion to $3 billion over the next 5 years
Future expected condominium revenue
More than $4 billion, roughly 78% already under contract

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Source: Howard Hughes Holdings' second-quarter 2026 earnings call, August 6, 2026.

Written by GetSignal with AI from the company's earnings call.

Not investment advice.

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