The Howard Hughes Corporation provided earnings guidance for the full year of 2022. Condo sales are projected to range between $650 million to $700 million, with gross margins between 26.5% to 27.5%. Projected condo sales are driven by the anticipated closing of units at Ko'ula during the third quarter of 2022 and additional closings at 'A'ali'i. MPC EBT range is projected to remain higher compared to the earnings generated on average over 2017 to 2020.

The company expects 2022 MPC EBT to decline 25% to 30% year-over-year.