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Wednesday, 02/12/2014 11:13:56 AM

Wednesday, February 12, 2014 11:13:56 AM

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>>> The Howard Hughes Corporation, a real estate company, owns, manages, and develops commercial, residential, and mixed-use real estate in the United States. It comprises master planned communities, operating properties, strategic developments, and other assets spanning 18 states from New York to Hawaii. The company operates in two segments, Master Planned Communities and Strategic Development. The Master Planned Communities segment develops and sells residential and commercial land. It sells residential parcels designated for detached and attached single- and multi-family homes ranging from entry-level to luxury homes, including condominium, town homes, and apartments to home builders; and commercial parcels designated for retail, office, services, and other for-profit activities, as well as parcels designated for use by government, schools, and other not-for-profit entities. This segment also owns 4 master planned communities with approximately 14,000 acres of land. The Strategic Development segment comprises medium and long-term real estate properties and development projects. Its development opportunities consist of 9 mixed-use development opportunities, 4 mall development projects, 7 redevelopment projects, and 11 other property interests, including ownership of various land parcels and certain profit interests. The company was formerly known as Summa Corporation and changed its name to The Howard Hughes Corporation in 1994. The Howard Hughes Corporation was founded in 1909 and is based in Dallas, Texas. The Howard Hughes Corporation operates independently of The Rouse Company LLC as of November 5, 2010.

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