Profitable Quarter with Net Income
Five Point reported a net income of $8.6 million for Q2 2025, aligning with their guidance, with Great Park land sales being the primary driver.
Strong Liquidity Position
The company ended the quarter with total liquidity of $581.6 million, including cash and cash equivalents of $456.6 million.
Hearthstone Acquisition
Five Point announced the acquisition of a 75% stake in Hearthstone, aiming to expand its capital solutions for homebuilders and enhance its growth strategy.
Positive Outlook for Great Park and Valencia
Despite a slowdown in home sales, Five Point projects a strong finish to 2025 with anticipated land sale closings and ongoing interest in their California communities.