---
schema_version: "secwatch.filing_event.v1"
accession: "0001299969-23-000037"
form_type: "8-K"
ticker: "CHCI"
cik: "0001299969"
company_name: "Comstock Holding Companies, Inc."
filed_at: "2023-12-26T23:59:59+00:00"
generated_at: "2026-06-07T07:14:48.069050+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Comstock acquires Rockville land parcel for $1.5M; entitled for 117 units

## Summary
- Acquired 18,150 sq ft parcel at 41 Maryland Ave, Rockville, MD for $1.5M in a debt-free transaction.
- Existing entitlements allow up to 117 multi-family units and ~11,000 sq ft of retail space.
- Parcel is adjacent to Comstock's BLVD Ansel and BLVD Forty-Four luxury residential towers acquired in 2021-2022.
- CEO Christopher Clemente cites opportunity to grow revenue and earnings and expand transit-oriented presence near Rockville Metro.

## SEC filing metadata
- accession: 0001299969-23-000037
- form_type: 8-K
- ticker: CHCI
- cik: 0001299969
- company_name: Comstock Holding Companies, Inc.
- filed_at: 2023-12-26T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1299969/000129996923000037/0001299969-23-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1299969/000129996923000037/chci-20231219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001299969-23-000037
- JSON: https://secwatch.observer/filing/0001299969-23-000037.json
- Plain text: https://secwatch.observer/filing/0001299969-23-000037.txt

## Key facts
- Material Agreements
  Comstock Holding Companies, Inc. entered into Purchase and Sale Agreement valued at $1.5 million (effective 2023-08-31).
  - Action: entry
  - Agreement: asset purchase
  - Value: $1.5 million
  - Effective: 2023-08-31
  source text: On December 19, 2023, Comstock Holding Companies, Inc. (the “Company”), through a wholly owned subsidiary named Comstock 41 Maryland, LLC, acquired a land parcel totaling approximately 18,150 square feet located at 41 Maryland Avenue in Rockville, Md. (“Comstock 41”) for $1.5 million, pursuant to a purchase and sale agreement dated August 31, 2023 (as amended, the “Purchase and Sale Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1299969/000129996923000037/0001299969-23-000037-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.