NASDAQ:CHCI | Jotup

Comstock Announces Lady Vintner Lease at BLVD Forty Four

Retrieved on:

Monday, April 8, 2024

This first-ever location of The Lady Vintner will showcase a diverse selection of high-quality wine and beer and will feature an in-house sommelier.

Key Points:

This first-ever location of The Lady Vintner will showcase a diverse selection of high-quality wine and beer and will feature an in-house sommelier.
“We are thrilled to announce the launch of our innovative wine and beer shop, The Lady Vintner,” said Ciara Cedeno, Owner Operator of The Lady Vintner.
The addition of The Lady Vintner to BLVD Forty Four further emphasizes Comstock's commitment to create a vibrant, amenity-rich hub in the heart of Rockville.
“We are proud to welcome a new woman-owned and run business, The Lady Vintner, to BLVD Forty Four,” said Tim Steffan, Chief Operating Officer for Comstock.

Comstock to Host 2024 Run The Greenway at Loudoun Station

Retrieved on:

Tuesday, April 2, 2024

Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today that it has once again partnered with Dulles Greenway to host the 4th annual Run The Greenway race at Loudoun Station in Ashburn, Virginia on Saturday, May 4, 2024.

Key Points:

Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today that it has once again partnered with Dulles Greenway to host the 4th annual Run The Greenway race at Loudoun Station in Ashburn, Virginia on Saturday, May 4, 2024.
“Last year’s race was elevated to another level thanks to our partnership with Comstock and Loudoun Station,” said Terry Hoffman, Public and Customer Relations Manager, Dulles Greenway.
“We’re thrilled to welcome back Run the Greenway 2024 at Loudoun Station, especially for our first Star Wars-themed race,” said Tracy Schar, Chief Marketing Officer for Comstock.
For more information about Run The Greenway 2024 and a link to register for the event, please visit https://www.dullesgreenway.com/run-the-greenway/ .

Comstock Reports Fourth Quarter and Fiscal Year 2023 Results

Retrieved on:

Thursday, March 21, 2024

Building Systems, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Transportation, Travel, Other Transport, Rail, Transport, Urban Planning, REIT, Landscape, Interior Design, Public Transport, Architecture, Other Construction & Property, CHCI, Growth

Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock” or the “Company”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced its financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points:

Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock” or the “Company”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced its financial results for the fourth quarter and fiscal year ended December 31, 2023.
“Our fiscal 2023 results underscore the strength and resiliency of the growth engine we’ve built at Comstock,” said Christopher Clemente, Comstock’s Chairman and Chief Executive Officer.
“It is our goal to provide best-in-class service to our clients and deliver value to our stakeholders.
Our robust pipeline of development assets continues to expand as well, positioning us for sustainable, long-term success.”

Comstock Releases 2023 ESG Report

Retrieved on:

Wednesday, March 20, 2024

Professional Services, Sustainability, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Asset Management, Construction & Property, Environment, Other Transport, Rail, Urban Planning, Transport, Environmental, Social and Governance (ESG), Senior, ESG, CHCI, Congestion, Publication, Social responsibility

Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced the online publication of their 2023 Environmental Social Governance (“ESG”) Report.

Key Points:

Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced the online publication of their 2023 Environmental Social Governance (“ESG”) Report.
The report details the many meaningful ways that Comstock has demonstrated its commitment to environmental sustainability, social responsibility, and robust governance practices.
“Our 2023 ESG Report demonstrates our clear dedication to improving all aspects of corporate responsibility each year,” said Chris Facas, Senior Vice President of Commercial Real Estate Services at Comstock.
“We continue to promote sustainable development practices and have introduced many new green initiatives across all our managed properties.

Comstock Acquires Development Site in Rockville, MD

Retrieved on:

Tuesday, December 26, 2023

Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today that it has completed the acquisition of an 18,150 square foot land parcel located at 41 Maryland Avenue in Rockville, Md.

Key Points:

Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today that it has completed the acquisition of an 18,150 square foot land parcel located at 41 Maryland Avenue in Rockville, Md.
(“Comstock 41”) through a wholly owned subsidiary for $1.5 million.
Comstock 41, currently a surface parking lot, has existing entitlements for at least 117 dwelling units and approximately 11,000 square feet of retail space.
“This strategic, debt-free acquisition of entitled land adjacent to Comstock assets at Rockville Metro Station provides an opportunity to further grow revenue and earnings,” said Christopher Clemente, Comstock’s Chairman and Chief Executive Officer.

Comstock Reports Third Quarter 2023 Results

Retrieved on:

Thursday, November 9, 2023

Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock” or the “Company”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced its financial results for the third quarter ended September 30, 2023.

Key Points:

Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock” or the “Company”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced its financial results for the third quarter ended September 30, 2023.
“The strategic growth platform we have built at Comstock continues to produce positive results, as evidenced by top-line revenue growth for the 13th consecutive quarter that included a 13% increase in recurring fee-based revenue streams,” said Christopher Clemente, Comstock’s Chairman and Chief Executive Officer.
I am proud of the high-quality assets we manage and our best-in-class team members that show up every single day focused on providing remarkable services and experiences.
I look forward to reporting on our continued success in future periods as we strive to maximize value for our shareholders.”

Comstock Announces Two Additional Restaurants Coming to Reston Station

Retrieved on:

Tuesday, September 19, 2023

Both leases will occupy ground-level retail space at 1800 Reston Row Plaza, the first of two trophy office towers under construction in Reston Station’s second phase.

Key Points:

Both leases will occupy ground-level retail space at 1800 Reston Row Plaza, the first of two trophy office towers under construction in Reston Station’s second phase.
Noku first opened its doors in Leesburg, Va. and features a broad menu of sushi, ramen, poke bowls, and hibachi.
“We are thrilled to welcome Noku and Tous les Jour to the Reston Row neighborhood,” said Timothy Steffan, Comstock’s Chief Operating Officer.
“They join the growing list of best-in-class dining options at Reston Station, which already includes Founding Farmers, Ebbitt House, and so many more.

Comstock Appoints former JBGS Executive David Paul to Board of Directors

Retrieved on:

Wednesday, September 6, 2023

View the full release here: https://www.businesswire.com/news/home/20230906582762/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20230906582762/en/
Mr. Paul is a seasoned real estate executive and former President and Chief Operating Officer of JBG SMITH (NYSE: JBGS), a publicly traded real estate investment trust.
Mr. Paul holds a bachelor’s degree from Vanderbilt University and an MBA from the Tuck School of Business at Dartmouth.
“David is an excellent addition to the Comstock Board, bringing a wealth of industry-specific knowledge and experience that will greatly benefit Comstock’s growth and expansion plans,” said Chris Clemente, Chairman and Chief Executive Officer of Comstock.
I look forward to applying my real estate experience as a board member to help Comstock continue to build a high-performing portfolio of assets.”

Securiport Relocating HQ from Washington, D.C. to Comstock’s Reston Station

Retrieved on:

Thursday, August 31, 2023

Public Transport, Commercial Building & Real Estate, Other Transport, Construction & Property, Rail, Urban Planning, Transport, Professional Services, Asset Management, Residential Building & Real Estate, Dulles Corridor, Reston Station, Environment, CHCI

The lease will immediately relocate Securiport into existing space at Reston Station on a temporary basis while the build out of their new headquarters is completed in the iconic Helmut Jahn-designed office tower, located at 1900 Reston Metro Plaza.

Key Points:

The lease will immediately relocate Securiport into existing space at Reston Station on a temporary basis while the build out of their new headquarters is completed in the iconic Helmut Jahn-designed office tower, located at 1900 Reston Metro Plaza.
Securiport was founded in 2001 to address the security challenges of the 21st century.
“After 20 years in Washington D.C., although it was a hard decision, we are excited to move our headquarters to Reston Station,” said Dr. Enrique Segura, President and CEO of Securiport.
“We are thrilled to welcome Securiport to northern Virginia and Reston Station,” said Timothy Steffan, Chief Operating Officer for Comstock.

Comstock Reports Second Quarter 2023 Results

Retrieved on:

Friday, August 11, 2023

Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock” or the “Company”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced its financial results for the second quarter ended June 30, 2023.

Key Points:

Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock” or the “Company”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced its financial results for the second quarter ended June 30, 2023.
“We continue to benefit from the flight-to-quality trend, which in recent years has significantly increased demand for mixed-use and transit-oriented developments in premier suburban locations and contributed to our top-line revenue growth,” said Christopher Clemente, Comstock’s Chairman and Chief Executive Officer.
“As evidenced by our ability to attract and retain tenants in a challenging environment faced with widespread capital market headwinds, we are well positioned for ongoing success.
I am confident our growth will persist well into the future, primarily based on three key factors: our virtually debt-free, asset-light, fee-based business model, the proven demand for the high-quality assets we manage, develop, and operate, and the tireless dedication of our team members, who show up every day and are committed to delivering extraordinary services and experiences for our customers.”