Howard Hughes closes $2.1B Vantage acquisition; Q2 net income $158.4M vs prior loss

Howard Hughes Holdings Inc.

Closed $2.1B acquisition of Vantage on June 4; issued $1B preferred stock to Pershing Square to fund deal.
Q2 net income attributable to common $158.4M vs net loss of $12.1M in prior-year period.
Real estate MPC EBT $134.7M, up 32% YoY; Operating Assets NOI $70.5M, up 2% YoY.
Vantage stub period: net earned premiums $97.2M, underwriting income $4.7M, combined ratio 95%.
Strong liquidity: $2.65B cash, $1.5B undrawn commitments, limited near-term debt maturities.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.