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AXR vs HHH

AMREP Corporation and Howard Hughes Holdings Inc.

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AMREP Corporation

AMREP Corporation, through its subsidiaries, engages in the real estate business in the United States. It operates through two segments, Land Development and Homebuilding. The company offers land development services, including land and site planning, obtaining of governmental and environmental approvals, installing of utilities and storm drains, ensuring availability of water services, building or improving of roads for land development services, and constructing community amenities; and landscaping services to homebuilders, as well as acquiring lands, and selling of developed and undeveloped lots to homebuilders, and commercial and industrial property developers through brokers. It also builds and sells single-family detached homes and attached homes; offers various home floor plans and elevations; and provides built-to-order homes. In addition, the company owns certain minerals and mineral rights in and under approximately 55,000 surface acres of land in Sandoval County, New Mexico. AMREP Corporation was incorporated in 1955 and is based in Havertown, Pennsylvania.

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Howard Hughes Holdings Inc.

Howard Hughes Holdings Inc., together with its subsidiaries, develops and operates master planned communities (MPCs) in the United States. It operates through three segments: Operating Assets, MPC, and Strategic Developments. The Operating Assets segment acquires or develops retail, office, and multifamily properties, as well as invests in other real estate properties. The MPC segment develops and sells land in large-scale and long-term community development projects in and around Las Vegas, Nevada; Houston, Texas; and Phoenix, Arizona to homebuilders and developers. The Strategic Developments segment develops residential condominium and commercial property projects, as well as various other properties. The company was founded in 2010 and is headquartered in The Woodlands, Texas.

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