Comstock amends asset management agreement; defers fee triggers for seven properties to 2027 or later

Comstock Holding Companies, Inc.

First Amendment defers Operating Assets Trigger Event for seven assets (e.g., 1900 Reston Metro Plaza, BLVD Gramercy East) from Oct 1, 2024 to Oct 1, 2027, sale, refinance, or 85% lease-up.
Adds Lease Termination Fee of 3.5% of gross rental revenue for early lease termination by a commercial tenant.
Development & Construction Management Fee now payable during casualty-caused delivery delays.
Combined invested capital for the seven deferred assets totals ~$227 million per Exhibit C (as of May 2022).
Amendment is with Comstock Partners, LC, an entity controlled by CEO Christopher Clemente (related-party transaction).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.