Howard Hughes (NYSE:HHC) Made a Comeback from COVID 19, How About Your Real Estate Portfolio?
May 25, 2021
Alexander Goldfarb, Managing Director, Senior Research Analyst, Piper Sandler.
Alexander Goldfarb is a Managing Director and Senior Research Analyst at Piper Sandler where he covers real estate investing including
Howard Hughes (NYSE:HHC). Previously, he was a Managing Director and the Senior REIT Analyst in the research department of Sandler O’Neill + Partners, L.P.
Mr. Goldfarb joined the firm in 2009 following two years as a Director and Senior REIT Analyst at UBS and five years at Lehman Brothers where he was a Vice President and REIT analyst.
Shopping Centers, Industrial Property Serve as Inflation Hedges
Alexander Goldfarb is a Managing Director and Senior Research Analyst at Piper Sandler. Previously, he was a Managing Director and the Senior REIT Analyst in the research department of Sandler O’Neill + Partners, L.P. Mr. Goldfarb joined the firm in 2009 following two years as a Director and Senior REIT Analyst at UBS and five years at Lehman Brothers where he was a Vice President and REIT analyst. He holds a Master of Business Administration degree from the F.W. Olin Graduate School of Business at Babson College and a bachelor’s degree from Wheaton College. Profile
Operator
Good day, and thank you for standing by. Welcome to the first-quarter 2021 Simon Property Group earnings conference call. [Operator instructions] And please be advised that today s conference is being recorded. I would now like to hand the conference over to your speaker today, Tom Ward, senior vice president, investor relations.
Please go ahead.
Senior Vice President, Investor Relations
Thank you, Lori. Thank you, all, for joining us this evening. Presenting on today s call is David Simon, chairman, chief executive officer, and president. Also on the call are Brian McDade, chief financial officer; and Adam Reuille, chief accounting officer.
Before we begin, a quick reminder that statements made during this call may be deemed forward-looking statements within the meaning of the safe harbor of the Private Securities Litigation Reform Act of 1995 and actual results may differ materially due to a variety of risks, uncertainties and other factors. We refer you to today s p
[Operator Instructions]
I would now like to turn the conference over to David Striph, Executive Vice President, Head of Operations and Investor Relations. Please go ahead.
David M. Striph
Good morning, and welcome to The Howard Hughes Corporation s First Quarter 2021 Earnings Call.
With me today are David O Reilly, Chief Executive Officer, Jay Cross, President, Correne Loeffler, Chief Financial Officer, and Peter Riley, General Counsel.
Before we begin, I d like to direct you to our website, www.howardhughes.com, where you can download both our first quarter earnings press release and our supplemental package. The earnings release and supplemental package include reconciliations of non-GAAP financial measures that will be discussed today in relation to their most directly comparable GAAP financial measures.
Operator
Good morning. My name is Jason. I ll be your conference operator today. At this time, I d like to welcome everyone to the Newmark first quarter 2021 earnings conference call. [Operator Instructions] Please note, this event is being recorded. I ll now turn the call over to Jason Harbes, Vice President of Investor Relations. Sir, you may begin when you re ready.
Jason Edward Harbes
Vice President of International Relations
Thank you, and good morning. We issued our first quarter of 2021 financial results press release and our presentation summarizing these results this morning. The results provided on today s call compare only the first quarter of 2021 with the year earlier period, unless otherwise stated. Any figures with respect to cashflow from operations discussed on today s call refer to net cash provided by operating activities, excluding loan originations and sales. We will be referring to our results on this call only on an adjusted earnings basis, unless otherw