Five Point Holdings extends development management agreement through December 31, 2028
FPH•Five Point Holdings extended its development management agreement on Sept. 29 through Dec. 31, 2028. Compensation includes a $13.50 million annual base fee, paid monthly during the third renewal term.
1. Agreement extended
Five Point Holdings extended its development management agreement on Sept. 29 through Dec. 31, 2028, according to an SEC filing. Compensation during the third renewal term includes a $13.50 million annual base fee paid monthly.
