HHH Q1 2026: MPC EBT up 33% to $84.4M; Vantage acquisition on track for Q2

Howard Hughes Holdings Inc.

2026-Q1 EPS reported $0.14 revenue$235,917,000

Net income to common stockholders fell to $8.2M from $10.5M YoY.
Total Operating Assets NOI rose 2% to $73.1M, led by multifamily and office.
MPC EBT $84.4M (+33% YoY) on strong Bridgeland residential land sales (87 acres vs 70).
Issued $1B in notes (5.875%/6.125%) to redeem $750M 5.375% notes due 2028.
Planned $2.1B acquisition of Vantage expected to close in Q2 2026.

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