Profitable Quarter with Net Income
Five Point Holdings reported net income of $8.6 million for Q2 2025, largely in line with their guidance for the quarter.
Great Park Venture Success
The Great Park Venture closed a residential land sale for $63.6 million, generating net income of $48.4 million, with Five Point’s share adjusted for basis differences at $16.7 million.
Strong Liquidity Position
The company finished the quarter with total liquidity of $581.6 million, consisting of $456.6 million in cash and cash equivalents and borrowing availability of $125 million.
Hearthstone Acquisition Progress
Five Point entered into an agreement to acquire 75% of Hearthstone, aiming to provide broader capital solutions to U.S. homebuilders, with expected benefits including geographic expansion and recurring revenue streams.