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1、?At the Great Park,consistent home buying activity as reported by our guest builders supported additional land sales at favorable prices in both 2018 and Q1 of 2019.The wide range of products available at different price points addresses the needs of a diverse group of buyers from different generati
2、ons,economic classes and cultures.The inaugural season of the Five Point Amphitheater last year and the dedication of a world class sports park continue to elevate the experience of residents living at the Great Park,while highlighting our commitment to providing amenities that serve the broader com
3、munity.At Valencia(formerly known as Newhall Ranch)in Los Angeles,we have moved over 35 million cubic yards of soil since beginning work in the fourth quarter of 2017 and have already installed miles of pipes and new roads.Our significant scale and established relationships with large contractors ha
4、ve allowed us to maintain tight budgetary discipline while remaining on schedule to deliver homesites later this year to builders at the first phase of Mission Village.Mission Village will have approximately 4,000 homes and 1.5 million square feet of commercial space when completed.Finally,our net z
5、ero greenhouse gas emission program at Valencia has been embraced by the state and the environmental community as a template for how cities should be built in the future.?UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington,D.C.20549Form 10-K(Mark One)ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(
6、d)OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended December 31,2018 ORTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from toCommission File Number 001-38088Five Point Holdings,LLC(Exact name of registrant as specified i