Five Point Holdings Q2 2022: Net loss $11M, revenues $5.4M

Five Point Holdings, LLC

Revenues $5.4M from management services; consolidated net loss $11.0M.
Builder sales: 168 homes in Valencia, 37 homes at Great Park; Solis Park (~850 homes) opening in Q3.
Extended development management agreement with Great Park Venture through Dec 31, 2022.
Liquidity $252.5M; debt to total capitalization 25.2% as of June 30, 2022.
Net loss attributable to Company $5.1M; equity in earnings from unconsolidated entities $0.6M.

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