M&A
confidence high
sentiment neutral
materiality 0.65
Comstock subsidiary agrees to buy 400+ unit apartment building in Rockville, MD for $112.25M
Comstock Holding Companies, Inc.
- Purchase price of $112.25M for a 400+ unit apartment building in Rockville, Maryland.
- 45-day due diligence period; initial $1M deposit refundable if Buyer terminates.
- Settlement scheduled Dec 1, 2025; one-time 30-day extension with additional $1M deposit.
- Company plans to seek institutional JV partner, retaining a minority equity interest.