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Comstock Q2 revenue up 74% to $22.6M; net income up 512% to $8.8M
Q2 2026 revenue $22.6M vs $13.0M prior year; YTD $40.0M up 56%.
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Comstock appoints former Blackstone MD David Hirsh to Board of Directors
David Z. Hirsh appointed as Class II independent director and Audit Committee member, effective June 17, 2026.
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Comstock forms Oklahoma AI data center JV with Jericho; $10M asset contribution, $6M capital commit
Oklahoma AI Ventures JV to develop AI data centers on ~18,000 acres in Pawnee & Noble counties.
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Comstock Q1 revenue up 38% to $17.4M; net income up 25% to $2.0M
Q1 revenue $17.4M (+38% YoY), net income $2.0M (+25%), diluted EPS $0.19 vs $0.15.
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Comstock acquires Woodland Pointe campus in Herndon, VA; secures full-campus lease with Peraton
Initial investment of ~$5.0M; Comstock owns 85% of JV with affiliate of CEO.
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Comstock invests $4.5M in 417-unit Rockville multifamily JV with Benefit Street Partners
Initial investment of ~$4.5M for 9% indirect interest in 417-unit Class A property 'The Reed' in Rockville, MD.
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Comstock Q4 revenue +42% to $23.9M; launches Data Center Platform; EPS $1.28
Q4 revenue $23.9M (+42% YoY); net income $13.5M (+31% YoY); diluted EPS $1.28 vs $0.99.
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Comstock board member Robert Pincus to retire in June 2026; board reduced to 5
Robert Pincus will not stand for re-election at the 2026 annual meeting (June 17, 2026) and will retire from the Board.
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Comstock Q3 revenue up 3% to $13.3M; net income drops to $0.5M on ParkX expansion costs
Revenue $13.3M (+3% YoY); net income $0.5M ($0.05 diluted EPS) vs $2.4M ($0.23) in Q3 2024.
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Comstock subsidiary agrees to buy 400+ unit apartment building in Rockville, MD for $112.25M
Purchase price of $112.25M for a 400+ unit apartment building in Rockville, Maryland.
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Comstock Q2 revenue up 21% to $13.0M, net income up 53% to $1.4M, adjusted EBITDA up 39%
Revenue $13.0M (+21% YoY); net income $1.4M ($0.14 diluted EPS) vs $0.09 prior year; YTD revenue $25.6M (+20%).
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Comstock shareholders approve rights agreement and charter amendment on Class B voting power
Directors Christopher Clemente (9,971,981 for) and Thomas J. Holly (10,143,555 for) elected to three-year terms.
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Comstock Q1 revenue up 19% to $12.6M; net income +75% to $1.6M
Net income $1.6M ($0.15 diluted EPS) vs $0.9M ($0.09) YoY; adjusted EBITDA $2.05M (+38%).
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Comstock adopts new Section 382 rights agreement to protect NOLs; replaces expired plan
Old rights agreement expired March 27, 2025; new agreement with Equiniti Trust Company effective March 28, 2025.
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Comstock corrects Q4 2024 Adj EBITDA to $5.4M (148% growth) from $3.1M
Corrected Q4 2024 Adj EBITDA of $5.4M (148% growth) vs originally reported $3.1M (45% growth).
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Comstock Q4 revenue $16.9M (+54% YoY); FY net income $14.6M (+87%)
Q4 revenue $16.9M (+54% YoY); net income $10.3M, diluted EPS $0.99 vs $0.18 YoY.
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Comstock Q3 net income $2.38M (-49% YoY); Adjusted EBITDA $3.13M (-44%); revenue $12.99M
Revenue $12.995M, down 10% YoY; YTD revenue $34.4M, up 2% from $33.7M.
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Comstock amends asset management agreement; defers fee triggers for seven properties to 2027 or later
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.
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Comstock Q2 revenue +20% to $10.8M, net income +99% to $0.9M, Adj EBITDA +56% to $1.6M
Revenue $10.8M (+20% YoY); net income $0.9M (+99%); diluted EPS $0.09 vs $0.05.
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Comstock Holding annual meeting results: directors elected, auditor ratified, say-on-pay approved
David P. Paul and Socrates Verses elected as directors for three-year terms ending 2027.
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Comstock Q1 2024: Revenue $10.6M, net income $0.9M, fee-based revenue up 45%
Revenue $10.6M, up 4% YoY, marking 15th consecutive period of year-over-year growth.
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Comstock reports Q4 revenue $11.0M (+18% YoY), net income $1.9M (+43%); FY23 Adjusted EBITDA $10.4M (+16%)
Q4 revenue $11.0M (+18% YoY); Q4 net income $1.9M (+43% YoY); diluted EPS $0.18
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Comstock acquires Rockville land parcel for $1.5M; entitled for 117 units
Acquired 18,150 sq ft parcel at 41 Maryland Ave, Rockville, MD for $1.5M in a debt-free transaction.
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Comstock Q3 net income up 27% to $4.7M; revenue hits $14.5M, 13th consecutive quarterly rise
Revenue of $14.5M (+13% YoY); YTD revenue $33.7M (+12% vs prior year).
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Comstock appoints former JBGS COO David P. Paul to Board of Directors
David P. Paul appointed as Class II independent director and member of Compensation Committee, effective Sept 6, 2023.
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Comstock Q2 revenue up 6% to $9.0M; net income $0.5M; leasing occupancy improves
Revenue $9.0M (+6% YoY); YTD $19.2M (+12%); 12th consecutive quarter of YoY top-line growth.
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Comstock stockholders elect three directors, ratify auditor, approve say-on-pay
Elected David M. Guernsey, James A. MacCutcheon, Robert B. Pincus as directors for three-year terms; each received ~9.89M votes For.
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Comstock Q1 revenue up 18% to $10.3M; net income down on non-cash items
Revenue $10.3M, up 18% YoY ($8.7M); asset management +9%, three property mgmt subsidiaries combined +37%.
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Comstock Q4 revenue up 20% to $9.3M; FY 2022 Adjusted EBITDA up 55% to $9.0M
Q4 revenue $9.3M (+20% YoY), operating income $1.6M (+61%), net income $1.3M (+39%).
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Comstock appoints Thomas J. Holly, former PwC partner, to Board of Directors
Holly appointed as Class II independent director and Audit Committee member, effective Feb 10, 2023.
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Comstock Q3 2022 revenue up 26% to $12.8M; net income $3.7M; revolver fully paid
Revenue $12.8M (+26% YoY); operating income $3.9M (+24% YoY); diluted EPS $0.37.
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Comstock appoints Timothy Steffan as Chief Operating Officer
Timothy J. Steffan appointed COO and principal operating officer, effective September 14, 2022.
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Comstock Q2 revenue up 34% to $8.5M; operating income +127% to $1.1M
Revenue $8.5M (Q2 2022) vs $6.3M (Q2 2021); YTD revenue $17.2M, up 31%.
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Comstock Holding Companies annual meeting results: all three proposals approved by large margins
Christopher Clemente elected as director for three-year term (8,685,190 for, 303,373 withheld).
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Comstock retires Series C preferred at discount; Dwight Schar becomes ~31% shareholder; new AMA through 2035
Retired 3,440,689 Series C preferred shares (stated value $17.2M) for 1M common shares + $4M cash.
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Comstock Q1 revenue up 28% to $8.7M; net income $2.0M vs $0.4M YoY
Revenue $8.7M (+28% YoY); net income $2.0M ($0.22 diluted EPS) vs $0.4M ($0.05) in Q1 2021.
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Comstock invests $2.7M in 250-unit luxury apartment building BLVD Ansel in Rockville
Initial investment of ~$2.7M in 250-unit luxury high-rise at 33 Monroe St, Rockville, MD.
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Director Joseph M. Squeri resigns from Comstock board effective March 16, 2022
Joseph M. Squeri resigned as director of Comstock Holding Companies, effective immediately on March 16, 2022.
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Comstock appoints Ivy Zelman to board and as special independent director
Ivy Zelman, founder of Zelman & Associates, appointed to board effective Nov 3, 2021.
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Comstock acquires The Upton in Rockville, MD; $500K acquisition fee received
CHCI invested up to $2.1M in joint venture with CEO-affiliated entity to acquire 263-unit luxury apartment building.
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Comstock earns $2.6M fees arranging $355M refinancing of three Reston Station office towers
CHCI subsidiaries arranged $355M non-recourse recapitalization: $312M Blackstone senior loan and $43M DivcoWest preferred equity.