Joe Valente
General Counsel
Replay available
Howard Hughes Holdings Inc. (NYSE: HHH) Q1 2026 earnings conference call, held 2026-05-08. Replay captured from the company's public earnings webcast.

General Counsel
Executive Chairman
Chief Executive Officer
Chief Investment Officer
Board Member
Analyst, JP Morgan
Analyst, Piper Sandler
Analyst, BMO Capital Markets
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WEBVTT 00:00:00.031 -- 00:00:06.180 Thank you for standing by, and welcome to Howard Hughes' first quarter 2026 earnings 00:00:06.180 -- 00:00:11.908 conference call. Currently, all participants are in a listen-only mode. 00:00:11.908 -- 00:00:16.314 After the speaker's presentation, there will be a question-and-answer session. 00:00:16.314 -- 00:00:21.842 To ask a question during the session, you will need to press star 1-1 on your telephone. 00:00:21.842 -- 00:00:26.308 To remove yourself from the queue, you may press star 1-1 again. 00:00:26.308 -- 00:00:29.495 I would now like to hand the call over to Joe Valente. 00:00:29.495 -- 00:00:33.538 General Counsel. Please go ahead. 00:00:34.162 -- 00:00:39.130 Good morning and welcome to the Howard Hughes Holdings First Quarter 2026 Earnings Call. 00:00:39.130 -- 00:00:44.799 With me today are Bill Ackman, Executive Chairman, Ryan Israel, Chief Investment Officer, 00:00:44.799 -- 00:00:50.287 David O'Reilly, Chief Executive Officer, Carlos Alea, Chief Financial Officer, 00:00:50.287 -- 00:00:55.355 Jill Chapman, who leads investor relations at Pershing Square, and Mark Granderson, who 00:00:55.355 -- 00:00:57.828 joined the Howard Hughes Board just yesterday. 00:00:57.828 -- 00:01:03.393 Before we begin, I would like to direct you to our website, www.howardhughes.com, 00:01:03.817 -- 00:01:07.363 where you can download both our first quarter earnings press release and our supplemental 00:01:07.363 -- 00:01:12.110 package. The earnings release and supplemental package include reconciliations of non-GAAP 00:01:12.110 -- 00:01:16.697 financial measures that would be discussed today in relation to their most directly comparable 00:01:16.697 -- 00:01:21.244 GAAP financial measures. Certain statements made today that are not...