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GREENWICH, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE:QXO) announced today that it has informed Beacon Roofing Supply, Inc. (NASDAQ:BECN) that it will propose 10 independent director nominees at Beacon's 2025 Annual Meeting of Shareholders to replace Beacon's Board of Directors. The slate of independent nominees includes current and former senior executives and directors of leading global companies who were selected for their deep expertise with large-scale corporate transformations, extensive knowledge of the building products and distribution sectors, and track records of unlocking shareholder value. "We are proposing a slate of high-caliber, independent director nominees
Fourth Quarter 2024 Highlights Valencia sold 493 homesites on 54.4 acres of land for an aggregate purchase price of $137.9 million. Great Park Venture sold 372 homesites on 32.2 acres of land for an aggregate purchase price of $309.3 million. Great Park Venture distributions and incentive compensation payments to the Company totaled $121.5 million. Gateway Commercial Venture distribution to the Company of $17.2 million from proceeds generated by the sale of the Gateway Commercial Venture's remaining interests in the Five Point Gateway Campus. Valencia builder sales of 74 homes during the quarter. Great Park builder sales of 143 homes during the quarter. Consolidated rev
Five Point Holdings, LLC ("Five Point") (NYSE:FPH), an owner and developer of large mixed-use planned communities in California, will hold a conference call to discuss its fourth quarter and year-end 2024 financial results at 5:00 p.m. Eastern Time on Thursday, January 23, 2025. A live Internet audio webcast of the conference call will be available on the Five Point website at https://ir.fivepoint.com. The conference call can also be accessed by dialing (877) 451-6152 (domestic) or (201) 389-0879 (international) or by clicking on the following link and requesting a return call: https://callme.viavid.com/viavid/?callme=true&passcode=13735390&h=true&info=company&r=true&B=6 [callme.viavid.co
4 - Five Point Holdings, LLC (0001574197) (Issuer)
4 - Five Point Holdings, LLC (0001574197) (Issuer)
4 - Five Point Holdings, LLC (0001574197) (Issuer)
SC 13D - Five Point Holdings, LLC (0001574197) (Subject)
SC 13D/A - Five Point Holdings, LLC (0001574197) (Subject)
SC 13G/A - Five Point Holdings, LLC (0001574197) (Subject)
4 - Five Point Holdings, LLC (0001574197) (Issuer)
Five Point Holdings, LLC ("Five Point" or the "Company") (NYSE:FPH), an owner and developer of large mixed-use planned communities in coastal California, today announced the appointment of Mike Alvarado as Chief Operating Officer of the Company, effective immediately. Mr. Alvarado will also continue to serve in his position as the Company's Chief Legal Officer, Vice President and Secretary. Mr. Alvarado is an experienced executive with over 30 years of experience in real estate. He has served as the Company's Chief Legal Officer, Vice President and Secretary since May 2016, prior to which he served as General Counsel for our management company starting in 2011. Prior to joining the manage
Five Point Holdings, LLC ("Five Point" or the "Company") (NYSE:FPH), an owner and developer of large mixed-use planned communities in coastal California, today announced the appointment of Kim Tobler as Chief Financial Officer, Treasurer and Vice President of the Company, effective immediately. Mr. Tobler is an experienced executive with over 35 years of experience in tax, financial reporting, and corporate finance, primarily in the real estate sector. He has served as the Company's Vice President – Treasury and Tax since 2016. Prior to that, he was a tax partner at Ernst & Young LLP from 2008 to 2016 and previously from 1995 to 2003. From 2003 to 2008, he worked at the Irvine Company as
Five Point Holdings, LLC ("Five Point" or the "Company") (NYSE:FPH), an owner and developer of large mixed-use planned communities in coastal California, today announced the appointment of Daniel Hedigan as Chief Executive Officer of the Company, effective immediately, and that Lynn Jochim, President and Chief Operating Officer, will step down, effective as of February 14, 2022. Mr. Hedigan is an industry veteran with over 40 years of experience in the residential real estate sector and extensive expertise in mixed-use planned communities. Most recently, Mr. Hedigan served as President of Land Sales & Home Building at the Irvine Company from 2013 to 2021, where he oversaw all aspects of de
10-K - Five Point Holdings, LLC (0001574197) (Filer)
SCHEDULE 13G/A - Five Point Holdings, LLC (0001574197) (Subject)
8-K - Five Point Holdings, LLC (0001574197) (Filer)
Fourth Quarter 2024 Highlights Valencia sold 493 homesites on 54.4 acres of land for an aggregate purchase price of $137.9 million. Great Park Venture sold 372 homesites on 32.2 acres of land for an aggregate purchase price of $309.3 million. Great Park Venture distributions and incentive compensation payments to the Company totaled $121.5 million. Gateway Commercial Venture distribution to the Company of $17.2 million from proceeds generated by the sale of the Gateway Commercial Venture's remaining interests in the Five Point Gateway Campus. Valencia builder sales of 74 homes during the quarter. Great Park builder sales of 143 homes during the quarter. Consolidated rev
Five Point Holdings, LLC ("Five Point") (NYSE:FPH), an owner and developer of large mixed-use planned communities in California, will hold a conference call to discuss its fourth quarter and year-end 2024 financial results at 5:00 p.m. Eastern Time on Thursday, January 23, 2025. A live Internet audio webcast of the conference call will be available on the Five Point website at https://ir.fivepoint.com. The conference call can also be accessed by dialing (877) 451-6152 (domestic) or (201) 389-0879 (international) or by clicking on the following link and requesting a return call: https://callme.viavid.com/viavid/?callme=true&passcode=13735390&h=true&info=company&r=true&B=6 [callme.viavid.co
Third Quarter 2024 Highlights Great Park Venture closed two retail use commercial land sales totaling 12.8 acres for an aggregate purchase price of $25.4 million. Great Park Venture distributions and incentive compensation payments to the Company totaled $49.4 million. Great Park builder sales of 166 homes during the quarter. Valencia builder sales of 89 homes during the quarter. Renewed the development management agreement with Great Park Venture through December 31, 2026. Consolidated revenues of $17.0 million; consolidated net income of $12.3 million. Cash and cash equivalents of $224.5 million as of September 30, 2024. Debt to total capitalization ratio of 20.5% and liqu