Comstock invests $2.7M in 250-unit luxury apartment building BLVD Ansel in Rockville

Comstock Holding Companies, Inc.

Initial investment of ~$2.7M in 250-unit luxury high-rise at 33 Monroe St, Rockville, MD.
Joint venture with affiliate Comstock Partners, LC; Comstock holds minority interest in holding company.
CHCI subsidiary receives $500,000 acquisition fee; also entitled to asset management, property management, and incentive fees.
Property rebranded as BLVD Ansel, sister building to recently acquired BLVD Forty Four in Rockville.
Comstock and affiliates have acquired over $500M of income-producing properties over past three years.

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