Press Releases

Date Title and Summary Additional Formats
Toggle Summary Comstock and Berkadia Announce $77.5 million Loudoun Station Refinancing
RESTON, Va. --(BUSINESS WIRE)--Dec. 7, 2022-- Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock” or the “Company”), a leading developer, investor, and asset manager of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today that it has jointly structured a
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Toggle Summary Comstock Reports Third Quarter 2022 Results
Revenue increased 26% to $12.8 million in Q3 2022 vs. $10.1 million in Q3 2021; YTD revenue increased 29% to $30.0 million vs. $23.3 million in 2021 Operating income increased 24% to $3.9 million in Q3 2022 vs. $3.1 million in Q2 2021; YTD operating income increased 56% to $6.4 million in Q3 2022
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Toggle Summary Puttshack Signs New Lease at Comstock’s Reston Station
First Northern Virginia location of the upscale tech-infused mini golf experience RESTON, Va. --(BUSINESS WIRE)--Oct. 18, 2022-- Puttshack , the world’s only upscale, tech-infused mini golf experience with global food and drink, and Comstock Holding Companies, Inc.
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Toggle Summary Comstock Announces Additional Acquisition in Reston
Redevelopment of 1891 Metro Center Drive will further expand Reston Station RESTON, Va. , Sept. 06, 2022 (GLOBE NEWSWIRE) -- Comstock Holding Companies, Inc.  (Nasdaq: CHCI) (“Comstock” or the “Company”), a leading developer, investor, and asset manager of mixed-use and transit-oriented properties
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Toggle Summary Comstock Expands Reston Station with Latest Acquisition
Reston Station Neighborhood Now Spans Nearly 80 Acres RESTON, Va. , Aug. 30, 2022 (GLOBE NEWSWIRE) -- Comstock Holding Companies, Inc.  (Nasdaq: CHCI) (“Comstock” or the “Company”), a leading developer, investor, and asset manager of mixed-use and transit-oriented properties in the Washington, D.C.
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Toggle Summary Comstock Reports Second Quarter 2022 Results
Revenue increased 34% to $8.5 million in Q2 2022 vs. $6.3 million in Q2 2021; YTD revenue increased 31% to $17.2 million vs. $13.2 million in 2021 Operating income increased 127% to $1.1 million in Q2 2022 vs. $0.5 million in Q2 2021; YTD operating income increased 166% to $2.5 million in Q2 2022
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Toggle Summary Comstock and DivcoWest Announce New Leases at Premiere Clarendon Office Property
Greystar and DFS Construction to move into the Hartford Building RESTON, Va. , Aug. 01, 2022 (GLOBE NEWSWIRE) -- Comstock Holding Companies, Inc.  (Nasdaq: CHCI) (“Comstock”) and DivcoWest announced today two new leases at the Hartford Building , located in the Clarendon neighborhood of Arlington,
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Toggle Summary Comstock Announces 50,000 SF VIDA Fitness Flagship Facility to Open in Newest Phase of Reston Station
First of Multiple Planned Retail Anchors for Comstock’s Reston Row District RESTON, Va. , July 26, 2022 (GLOBE NEWSWIRE) -- Comstock Holding Companies, Inc.  (Nasdaq: CHCI) (“Comstock”), a diversified real estate development and asset management company, and leading developer of transit-oriented
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Toggle Summary Comstock Finalizes Significant Transactions to Promote Accelerated Growth
Dwight Schar to Become Major Shareholder Series C Preferred Stock Retired at Significant Discount Modified Asset Management Agreement Enhances Revenue Potential RESTON, Va. , June 13, 2022 (GLOBE NEWSWIRE) -- Comstock Holding Companies, Inc.  (Nasdaq: CHCI) (“Comstock” or the “Company”) announced
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Toggle Summary Comstock Reports First Quarter 2022 Results
Revenue increased 28% to $8.7 million in Q1 2022 vs. $6.8 million in Q1 2021 Net income from continuing operations of $2.0 million in Q1 2022 vs. $0.4 million in Q1 2021 Adjusted EBITDA increased $1.0 million to $1.6 million in Q1 2022 vs. $0.6 million in Q1 2021 RESTON, Va.
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