OverviewSuggest Edit

The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the country. Our company is comprised of master planned communities, operating properties, development opportunities and other unique assets spanning from New York to Hawaii. We have approximately 1,000 employees, over half of whom are dedicated to the growth and service of our master planned communities. The company's operating properties are primarily retail and include South Street Seaport (Manhattan, NY), various properties in Columbia Town Center (Columbia, MD), Landmark Mall (Alexandria, VA), The Outlet Collection at Riverwalk (New Orleans, LA), Cottonwood Square (Holladay, UT), Park West (Peoria, AZ) and Ward Centers (Honolulu, HI). Currently, several of the operating properties present significant opportunities for redevelopment. The company also has an exciting and diverse pipeline of strategic opportunities for near, mid and long-term development. These range from air rights and surface parking lots to aging properties poised for redevelopment. The Howard Hughes Corporation’s mission is to be the preeminent developer and operator of master planned communities and mixed-use properties. We create timeless places and memorable experiences that inspire people while driving sustainable, long-term growth and value for our shareholders.
TypePublic
Founded2011
HQDallas, US
Websitehowardhughes.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Dec 2019)1,500(+8%)
Job Openings15
Revenue (FY, 2019)$1.3 B(+23%)
Share Price (Oct 2020)$63.1
Cybersecurity ratingBMore

Key People/Management at Howard Hughes

William Ackman

William Ackman

Chairman
Paul H. Layne

Paul H. Layne

Chief Executive Officer, Director
David O'Reilly

David O'Reilly

President and Chief Financial Officer
Peter F. Riley

Peter F. Riley

General Counsel
Jim Carman

Jim Carman

President, Houston Region
Saul A. Scherl

Saul A. Scherl

President, New York Tri-State Region
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Howard Hughes Office Locations

Howard Hughes has offices in Dallas, Alexandria, Columbia, Cypress and in 6 other locations
Dallas, US (HQ)
13355 Noel Rd
Alexandria, US
5801 Duke St Suite D-108Alexandria
Columbia, US
10960 Grantchester Way #110
Cypress, US
16919 N Bridgeland Lake Pkwy
Cypress, US
23720 House & Hahl Rd
Honolulu, US
1240 Ala Moana Blvd #601
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Howard Hughes Financials and Metrics

Howard Hughes Revenue

Howard Hughes's revenue was reported to be $1.30 b in FY, 2019
USD

Revenue (Q2, 2020)

156.2m

Net income (Q2, 2020)

(34.1m)

EBIT (Q2, 2020)

(402.0k)

Market capitalization (15-Oct-2020)

3.5b

Closing stock price (15-Oct-2020)

63.1

Cash (30-Jun-2020)

930.6m

EV

2.6b
Howard Hughes's current market capitalization is $3.5 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

151.1m275.7m376.9m474.6m634.6m797.1m1.0b1.1b1.1b1.3b

Revenue growth, %

82%37%26%34%26%30%

Sales and marketing expense

22.8m25.5m22.2m20.5m29.2m23.1m

General and administrative expense

35.2m34.4m48.5m73.6m81.3m86.6m89.9m104.6m156.3m
Annual
USDY, 2009Y, 2010FY, 2011Y, 2011FY, 2012Y, 2012Y, 2013FY, 2013FY, 2014Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

3.2m284.7m227.6m227.6m229.2m229.2m894.9m894.9m560.5m560.5m445.3m445.3m665.5m861.1m499.7m422.9m

Accounts Receivable

15.6m13.9m21.4m21.4m28.2m28.2m32.2m32.2m9.9m13.0m12.6m12.3m

Prepaid Expenses

127.2m143.5m173.9m310.1m441.2m473.3m411.6m300.4m

Inventories

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Howard Hughes Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Howard Hughes Online and Social Media Presence

Embed Graph

Howard Hughes News and Updates

The Howard Hughes Corporation® Announces Opening Of 110 North Wacker Drive Office Building

CHICAGO, Oct. 14, 2020 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) and Riverside Investment & Development announced today the opening of the trophy-class office tower at 110 North Wacker Drive. The announcement marks the culmination of the highly-anticipated 55-story...

The Howard Hughes Corporation® Announces Dates And Times For Third-Quarter 2020 Earnings Release And Conference Call

HOUSTON, Oct. 8, 2020 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) announced today that it will release 2020 third-quarter earnings on Monday, November 9, 2020, after the market closes and will hold its third-quarter conference call on Tuesday, November 10, 2020, at 10:00...

The Howard Hughes Corporation® Announces Closing Of An Offering Of $750,000,000 Senior Notes Due 2028

DALLAS, Aug. 18, 2020 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) (the "Company") today announced the closing of an offering of $750 million in aggregate principal amount of 5.375% senior notes due 2028 (the "Notes") in an unregistered offering (the "Offering") through a...

The Howard Hughes Corporation® Announces Commencement Of Offering Of Senior Notes

DALLAS, Aug. 5, 2020 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) (the "Company") today announced that it has commenced an offering through a private placement, subject to market and other conditions, of $750 million in aggregate principal amount of senior notes due 2028...

Howard Hughes CEO Paul Layne on why suburban real estate will thrive in a post-COVID world

Amid question marks over the future of high-density urban real estate, the Howard Hughes Corp. is reporting robust home sales in its suburban, master-planned communities across the U.S.

David O'Reilly Named President Of The Howard Hughes Corporation®

THE WOODLANDS®, Texas, June 25, 2020 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) today announced that Chief Financial Officer David O'Reilly has been appointed President of the Company. Mr. O'Reilly will also continue to serve as the Company's CFO, a position he has held...
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Howard Hughes Frequently Asked Questions

  • When was Howard Hughes founded?

    Howard Hughes was founded in 2011.

  • Who are Howard Hughes key executives?

    Howard Hughes's key executives are William Ackman, Paul H. Layne and David O'Reilly.

  • How many employees does Howard Hughes have?

    Howard Hughes has 1,500 employees.

  • What is Howard Hughes revenue?

    Latest Howard Hughes annual revenue is $1.3 b.

  • What is Howard Hughes revenue per employee?

    Latest Howard Hughes revenue per employee is $867 k.

  • Who are Howard Hughes competitors?

    Competitors of Howard Hughes include Hanu Reddy Realty, Goel Ganga Developments and Mosaic Property Group.

  • Where is Howard Hughes headquarters?

    Howard Hughes headquarters is located at 13355 Noel Rd, Dallas.

  • Where are Howard Hughes offices?

    Howard Hughes has offices in Dallas, Alexandria, Columbia, Cypress and in 6 other locations.

  • How many offices does Howard Hughes have?

    Howard Hughes has 11 offices.