CHCI News & Events

Comstock Holding announced the signing of a 4,500-square-foot lease of retail space at 1860 Reston Row Plaza with The Back Nine Golf, who will be bringing its indoor golf concept to The Row at Reston Station. "We are incredibly excited to bring The Back Nine Golf to the Reston community and to be part of the energy and vision behind The Row at Reston Station," said Elaine Spencer, Owner of The Back Nine Golf. "Our team is passionate about creating a welcoming, high-quality space where players of all skill levels can come together to play, compete, and enjoy the game year-round."

Reports Q1 revenue $17.4M vs. $12.6M last year. "Our Q1 results included a 38% increase in revenue and a 25% increase in net income - the direct result of our disciplined focus on the development and acquisition of strategically located, high-quality, in-demand assets positioned to outperform broader industry trends," said Christopher Clemente, Comstock's Chairman and Chief Executive Officer. "The significant expansion of our assets under management has generated diversified, recurring fee-based revenue streams that create a strong foundation for consistent growth. Our streamlined, debt-free balance sheet enables us to execute on strategic, low-risk investment opportunities that will further drive revenue growth and produce above average returns on invested capital."

Comstock (CHCI) announced that ParkX Management has assumed management responsibilities for two separate Starbucks-licensed (SBUX) locations within Comstock's two mixed-use, transit oriented developments - Reston Station in Reston, Virginia, and Loudoun Station in Ashburn, Virginia. The move marks ParkX's entry into hospitality and food and beverage management, representing their latest new service offering and a milestone in the real estate service platform's strategic growth plan.