secwatch.observer — SEC 8-K summary
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Issuer:     Five Point Holdings, LLC (FPH)
CIK:        0001574197
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001574197-21-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five Point Q2 2021: Great Park Venture sells 774 homesites for $328.2M; net loss $2.3M
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- Great Park Venture sold 774 homesites on ~58 acres for $328.2M base price; Five Point received $98.3M in distributions.
- Net loss attributable to Five Point of $2.3M; revenues $8.3M from management services.
- Equity in earnings from unconsolidated entities $12.1M, incl. $11.9M from 37.5% interest in Great Park Venture.
- Total liquidity $361.2M ($236.5M cash + $124.7M revolver availability); credit facility extended to April 2024.
- Priority legacy distribution rights ($476.0M) fully satisfied; remaining $82.7M legacy interest to be paid pro rata.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1574197/000157419721000031/0001574197-21-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1574197/000157419721000031/fph-20210805.htm
  HTML page:      https://secwatch.observer/filing/0001574197-21-000031

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