LandSource out of bankruptcy and under new control and new set of owners. Emile Haddad, former CFO of Lennar, to head the company. New Company is called “FIVE POINT”.LandSource out of bankruptcy and under new control and new set of owners. Emile Haddad, former CFO of Lennar, to head the company. New Company is called “FIVE POINT”.2015 Five Point Holding, Inc. announced it submitted a draft registration statement to the U.S. Securities and Exchange Commission for a possible initial public offering of Class A common Stock. Later declined offering.