CHCI Comstock Holding Companies

Comstock Updates Investor Presentation

Comstock Updates Investor Presentation

WASHINGTON and RESTON, Va., Jan. 21, 2022 (GLOBE NEWSWIRE) -- On January 21, 2022, Comstock Holding Companies, Inc. (NASDAQ: CHCI) (the “Company”) announced it has posted an updated investor presentation to its website, which can be accessed at 

About Comstock Holding Companies, Inc.

Comstock Holding Companies, Inc. (“Comstock”) is a real estate investor, developer, operator, asset manager and real estate services company that, since 1985 has developed, constructed, acquired and managed several thousand residential units and millions of square feet of residential and mixed-use properties throughout the Washington, D.C. region and other markets in the southeastern United States.

Comstock is at the forefront of the urban transformation of Washington, DC’s Dulles Corridor, where its managed portfolio includes two of the largest transit-oriented, mixed-use developments in the Washington, D.C. area, Reston Station and Loudoun Station. Comprised of more than 3 million square feet of stabilized residential, retail and office properties and an additional approximately 4 million square feet of current and planned development, Comstock is a market leader in one of the best real estate markets in the nation.

In addition to its highly sought-after transit-oriented and mixed-use developments, Comstock acquires stabilized properties in partnership with institutional and high net worth real estate investors. Such ventures generally rely on Comstock’s vertically integrated real estate services and asset management platform pursuant to long-term asset management contracts that provide the company co-investment opportunities, current period income and performance-based incentives.

Comstock Holding Companies, Inc. is publicly traded on NASDAQ under symbol CHCI. For more information, visit

Cautionary Statement Regarding Forward-Looking Statements

This release may include "forward-looking" statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by use of words such as "anticipate," "believe," "estimate," "may," "intend," "expect," "will," "should," "seeks" or other similar expressions. Forward-looking statements are based largely on our expectations and involve inherent risks and uncertainties, many of which are beyond our control. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements. Additional information concerning important risk factors and uncertainties can be found under the heading "Risk Factors" in our latest Annual Report on Form 10-K, as filed with the Securities and Exchange Commission. Comstock specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

Company: 

Comstock Holding Companies, Inc.

Christopher Guthrie, 703-230-1292

Chief Financial Officer

Source: Comstock Holding Companies, Inc.



EN
21/01/2022

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Reports on Comstock Holding Companies

Dave Nicoski ... (+2)
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Vital Signs: Actionable charts

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Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

 PRESS RELEASE

Comstock Announces Additional Acquisition in Reston

Comstock Announces Additional Acquisition in Reston Redevelopment of 1891 Metro Center Drive will further expand Reston Station RESTON, Va., Sept. 06, 2022 (GLOBE NEWSWIRE) --  (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 the acquisition of 1891 Metro Center Drive in Reston, Virginia on behalf of Comstock Partners, LC (“CP”), an affiliated, privately-held company. This acquisition adds 2.67 acres with frontage on the Dulles Toll Road to Comstock’...

 PRESS RELEASE

Comstock Expands Reston Station with Latest Acquisition

Comstock Expands Reston Station with Latest Acquisition Reston Station Neighborhood Now Spans Nearly 80 Acres RESTON, Va., Aug. 30, 2022 (GLOBE NEWSWIRE) --  (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 the acquisition of approximately 8 acres of the Midline development at Reston Station (“Midline”) on behalf of Comstock Partners, LC, an affiliated, privately-held company. Located on the east side of Wiehle Avenue stretching from Sunset Hills Roa...

 PRESS RELEASE

Comstock Reports Second Quarter 2022 Results

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 2021Operating 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 vs. $1.0 million in 2021Strengthened balance sheet via redemption of Series C preferred stock at discount New asset management agreement covering Anchor Portfolio provides expanded revenue opportunities and extends term through 2035Dwight Schar, recently ...

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