Welcome to our dedicated page for Comstock Hldg Cos news (Ticker: CHCI), a resource for investors and traders seeking the latest updates and insights on Comstock Hldg Cos stock.
Comstock Holding Companies, Inc. (Nasdaq: CHCI) is an asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region. The CHCI news feed on Stock Titan aggregates company-issued press releases and other coverage that illustrate how Comstock’s business evolves across its managed portfolio of office, residential, retail, hospitality, and parking assets.
Readers can follow announcements about leasing activity at major developments such as Reston Station, The Row at Reston Station, Loudoun Station, and other transit-oriented communities. Recent news has highlighted office leases in Trophy-class towers, retail and wellness tenants opening at mixed-use properties, and hospitality milestones such as the opening of JW Marriott Reston Station. These items provide insight into occupancy trends, tenant mix, and the activation of Comstock’s mixed-use environments.
Comstock’s news flow also includes quarterly earnings releases that discuss revenue, net income, Adjusted EBITDA, recurring fee-based revenue from property management subsidiaries, and contributions from its ParkX parking management subsidiary. Investors can see how new leases, property deliveries, and service expansions—such as ParkX’s porter and janitorial offerings—relate to reported financial performance and portfolio growth.
In addition, the CHCI news page features updates on investment and acquisition activity, including purchase agreements for multifamily properties intended to be acquired under Comstock’s Institutional Venture Platform. These stories help explain how the company seeks to expand its managed portfolio in partnership with institutional investors. By reviewing this news feed, users can track key developments affecting Comstock’s mixed-use, transit-oriented assets and better understand the context behind the company’s financial and strategic disclosures.
Comstock Holding Companies (Nasdaq: CHCI) announced that Starbucks will open a new 1,800-square-foot retail location at Loudoun Station in Ashburn, Virginia. The store will be located at 22114 Gramercy Park Drive, next to the BLVD lobby.
This marks the second Starbucks location within Comstock's managed portfolio and is set to open later this year. Loudoun Station, the county's first and only Metro-connected development, is situated adjacent to Ashburn Station on Metro's Silver Line, connecting to Dulles International Airport and downtown Washington D.C.
The development currently encompasses over 1 million square feet of residential, office, retail, and entertainment space, with plans for an additional 1.5 million square feet of mixed-use development.
Comstock Holding Companies (Nasdaq: CHCI) has announced its partnership with the Dulles Greenway for the 2025 Run The Greenway event, scheduled for Sunday, May 4, 2025. The 5th annual fundraising event will transform the private toll road into a car-free course featuring timed 5K and 10K races, a Kids Fun Run, and virtual race options.
The event will maintain its popular 'May the Fourth Be With You' Star Wars theme for the second consecutive year and will benefit more than 15 local non-profit organizations, with 100% of fundraising proceeds going directly to participating charities. The initiative aims to promote community wellness and accessibility while bringing together families, neighbors, and businesses for a charitable cause.
Comstock Holding Companies (Nasdaq: CHCI) has announced an exciting fundraising event called 'Over The Edge' at Reston Station on April 5, 2025. The event will feature participants rappelling 17 stories down the Helmut Jahn-designed office building at 1900 Reston Metro Plaza to support the National Military Intelligence Foundation (NMIF).
The event kicks off with a VIP gathering on April 4th, attended by Virginia Senate Majority Leader Scott Surovell, SOSi executives, intelligence community members, and local officials. Over The Edge Global will provide safety and instruction for participants.
Reston Station, a 90-acre mixed-use development, houses major companies like Google, ICF International, Spotify, and Carfax. The development is expanding with over 500 new residential units, new dining options, and Virginia's first JW Marriott Hotel & Residences.
Comstock (CHCI) reported strong Q4 and fiscal year 2024 results, demonstrating continued growth. Q4 revenue reached $16.9 million, up 54% year-over-year, with recurring fee-based revenue increasing 38%. Q4 net income was $10.3 million with a 162% increase in operating income.
For fiscal year 2024, revenue grew 15% to $51.3 million, with net income up 87% to $14.6 million. The company ended the year with $28.8 million in cash holdings. Their managed portfolio showed strong performance with commercial properties 93% leased and residential properties 96% leased.
The Row at Reston Station development is progressing toward late 2025 delivery, featuring Virginia's first JW Marriott hotel, luxury residential towers, and Trophy office spaces. The company's asset-light, debt-free business model has maintained a 25% top-line CAGR, with consistent AUM growth driving stable fee-based revenue streams.
Comstock (CHCI) has released corrected Q4 and fiscal year 2024 results, showing strong growth across key metrics. Q4 revenue reached $16.9 million, up 54% year-over-year, with recurring fee-based revenue increasing 38%. The company reported Q4 net income of $10.3 million and Adjusted EBITDA of $5.4 million, up 148%.
For fiscal year 2024, revenue grew 15% to $51.3 million, with net income increasing 87% to $14.6 million. The company ended the year with $28.8 million in cash. Their managed portfolio showed robust performance with commercial properties 93% leased and residential properties 96% leased.
The Row at Reston Station development is progressing toward late 2025 delivery, featuring Virginia's first JW Marriott hotel, luxury residential towers, and Trophy office spaces. Notable achievements include an 87,000 square foot lease with Carfax and strong pre-sales for JW Marriott condominiums.
Comstock Holding Companies (Nasdaq: CHCI) has announced a new lease agreement with KPUB for a 6,600-square-foot space at BLVD Ansel in Rockville, Maryland. KPUB will be an Irish-Korean fusion restaurant and bar featuring private karaoke rooms and an energetic nightlife atmosphere.
The establishment, founded by Derek Liu, will offer Korean-inspired cuisine, handcrafted cocktails, and innovative social dining experiences, including the ability for guests to send drinks to other tables. The restaurant will be located at 33 Monroe Street in the Rockville Town Center.
BLVD Ansel is a luxury residential community featuring high-end apartment homes with amenities including a mezzanine pool, penthouse lounge, and convenient access to Rockville Town Center's retail, dining, and Metro facilities.
Comstock Holding Companies (Nasdaq: CHCI) has announced that the Tragedy Assistance Program for Survivors (TAPS) has signed a lease for 10,800 square feet of office space at The Hartford building in Arlington, Virginia.
TAPS, a national non-profit organization providing support to military and veteran family survivors, will utilize the space to expand its services. Since 1994, TAPS has supported over 100,000 surviving family members with peer-based support, grief counseling, and survivor programming at no cost.
The Hartford, located at 3101 Wilson Boulevard, offers convenient access to Metro's Clarendon Station on the Orange and Silver Lines. The property features modern office space, enhanced amenities, and proximity to retail, dining, and key transportation routes.
Comstock Holding Companies (Nasdaq: CHCI) has announced a new 32,000-square-foot office lease with FM Global at 1906 Reston Metro Plaza in Reston Station. FM Global, an international commercial property insurance and loss prevention company operating in over 130 countries, joins other notable tenants at the development including Google, ICF International, and Spotify.
Reston Station is a 90-acre mixed-use development located around the Wiehle-Reston East Station on Metro's Silver Line. The development currently houses over 2,000 residents and features Trophy-Class office buildings. Plans for expansion in the current year include the addition of 500+ new residential units, new dining and entertainment options, and Virginia's first JW Marriott Hotel & Residences.
Comstock Holding Companies (Nasdaq: CHCI) has been recognized among the 2025 Best Workplaces for Commuters for the sixth consecutive year. This national recognition highlights the company's commitment to providing sustainable transportation options and commuter benefits to its workforce.
As a developer and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, Comstock offers employees comprehensive commuter benefits including subsidized transit passes, flexible work arrangements, and convenient access to public transportation at its managed properties. These initiatives align with the company's mission to create vibrant, walkable, and transit-connected communities.
As a Best Workplaces for Commuters Partner, Comstock actively promotes sustainable commuting solutions by encouraging other organizations to participate in the program. The recognition reflects the company's dedication to reducing traffic congestion, lowering emissions, and enhancing the overall commuting experience in the region.
Comstock Holding Companies (Nasdaq: CHCI) has announced a new 4,700-square-foot retail lease with Healthy Baller at Reston Station's Commerce District. The performance and strength training facility will open its fifth location at 11400 Commerce Park Drive in Spring 2025.
The new facility will offer performance training, physical therapy, personal training, and team training services. Reston Station, spanning 90 acres around the Wiehle-Reston East Station on Metro's Silver Line, is one of the mid-Atlantic region's largest mixed-use developments. The development currently hosts over 2,000 residents and serves as headquarters for major companies like Google, ICF International, and Spotify.
The development is set to expand in 2024 with the addition of 500+ new residential units, new dining and entertainment options, and Virginia's first JW Marriott Hotel & Residences.
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