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  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
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      "text": "HHC's transformation into a leaner and more focused organization enabled the company to successfully navigate the impact of COVID",
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      "text": "HHC is on a path towards a strong recovery in 2021: MPC land sales benefit from move to suburbs; Retail/hospitality improving; New leadership (CEO/President); Refinanced debt.",
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      "text": "Acted quickly and decisively to stabilize the business: Raised $600mm of equity in March 2020 to strengthen the balance sheet (Pershing Square funds invested $500mm); Decentralized operating model reduced overhead expenses.",
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      "text": "Howard Hughes Corporation (\"HHC\")",
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