Howard Hughes Inc.(NYSE:HHH) stock jumped as much as 14% in Monday premarket trading after Bill Ackman's Pershing Square said it will acquire 9M newly issued shares in the real estate firm for $100 ...
Howard Hughes has a diversified real estate portfolio but suffers from poor returns, high debt, and no dividends, making it an unfavorable investment. Pershing Square's potential majority stake could ...
In 2016, as the number of people living on the streets of Los Angeles climbed ever higher, Angelenos were itching for a solution to the city’s growing homelessness problem. Asked to support a $1.2 ...
Homelessness is at chronic levels in Los Angeles. Measure HHH hopes to build new homes to take some people off of the streets. Find out more. Los Angeles is known as the homeless capital of the United ...
A third of the apartment units in the pipeline through Proposition HHH will each cost more than $546,000, the median sale price of a condominium in Los Angeles, according to a data analysis released ...
While the pandemic kept most Americans inside their homes over much of the past two years, tens of thousands of our unhoused neighbors had nowhere to call home. This tragedy grew exponentially during ...
Building housing for homeless people is slow and costly, and is getting slower and costlier every year. But six developers responding to a challenge from Mayor Eric Garcetti are getting a chance to ...