Comstock invests $4.5M in 417-unit Rockville multifamily JV with Benefit Street Partners

Comstock Holding Companies, Inc.

Initial investment of ~$4.5M for 9% indirect interest in 417-unit Class A property 'The Reed' in Rockville, MD.
Joint venture with Benefit Street Partners-advised fund (90%) and affiliate of CEO (1%).
Comstock received $0.5M acquisition fee and will provide asset/property management services.
Acquisition expands Comstock's Rockville footprint to over 900 units across three transit-oriented properties.
Freddie Mac financing arranged via NewPoint Real Estate Capital.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Comstock Holding Companies, Inc. entered into Acquisition valued at approximately $4.5 million (effective 2026-03-17).

Action: entry
Agreement: asset purchase
Value: approximately $4.5 million
Effective: 2026-03-17

Exact text from the filing

On March 17, 2026, Comstock Holding Companies, Inc. (the “Company”) made an initial investment of approximately $4.5 million contemporaneously with the acquisition of a 417-unit apartment building located at 15955 Frederick Road in Rockville, Maryland (the “Property”), pursuant to a purchase and sale agreement dated September 16, 2025, as amended (the "Acquisition").

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Comstock Holding Companies, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-26-020386

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