Comstock Holding Companies, Inc. (NASDAQ:CHCI) ("Comstock" or the "Company"), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, today announced that longtime board member Socrates ("Soc") Verses has passed away. "We are deeply saddened by the loss of our friend and colleague Socrates Verses, and we extend our deepest condolences to the Verses family," said Christopher Clemente, Chairman and Chief Executive Officer of Comstock. "Soc's steady presence and thoughtful guidance over his tenure on our board were invaluable. We are grateful for his dedicated service and contribution to the Comstock mission. Soc will be de
Donation will Equip Young Local Athletes with Football Helmets Comstock Holding Companies, Inc. (NASDAQ:CHCI) ("Comstock" or the "Company"), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today in collaboration with its operating subsidiary ParkX Management ("ParkX") the donation of $10,000 to the Reston Youth Association ("RYA") to support the purchase of new football helmets for its players. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240909121313/en/ParkX Management and Comstock proudly present a $10,000 donation to the Reston Youth As
Trophy-class mixed-use Arlington, Va. property remains in high demand Comstock Holding Companies, Inc. (NASDAQ:CHCI) ("Comstock"), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today the signing of two new office leases totaling approximately 11,000 square feet with Essential Minerals Association ("EMA") and International Business Initiatives ("IBI") at The Hartford building, located at 3101 Wilson Boulevard in Arlington, Virginia. EMA is focused on expanding opportunities within the minerals industry and improving their end-use products. The association advocates for companies that mine or process
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144 - Comstock Holding Companies, Inc. (0001299969) (Subject)
144 - Comstock Holding Companies, Inc. (0001299969) (Subject)
4 - Comstock Holding Companies, Inc. (0001299969) (Issuer)
4 - Comstock Holding Companies, Inc. (0001299969) (Issuer)
4 - Comstock Holding Companies, Inc. (0001299969) (Issuer)
Comstock Holding Co (NASDAQ:CHCI) reported quarterly earnings of $0.09 per share. This is a 28.57 percent increase over earnings of $0.07 per share from the same period last year. The company reported $10.60 million in sales this quarter. This is a 3.16 percent increase over sales of $10.28 million the same period last year.
Shares of Nucor Corporation (NYSE:NUE) fell sharply during Tuesday's session after the company reported worse-than-expected quarterly financial results. Nucor reported quarterly earnings of $3.46 per share which missed the analyst consensus estimate of $3.65. Quarterly sales came in at $8.14 billion, missing the analyst consensus estimate of $8.26 billion, according to data from Benzinga Pro. Nucor shares tumbled 6.5% to $179.20 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Cyngn Inc. (NASDAQ:CYN) shares jumped 100% to $0.2419 after the company announced that it has been chosen to supply its DriveMod Tuggers for industrial automation to Joh
Asset-light, debt-free business model continues to deliver positive results Revenue increased 20% to $10.8 million; YTD increase of 11% to $21.4 million 103% increase in recurring fee-based Property & Parking Management revenue; YTD increase of 74% 24 additional AUM vs. prior year Net income increased 99% to $0.9 million; YTD increase of 51% to $1.9 million Adjusted EBITDA increased 56% to $1.6 million; YTD increase of 16% to $3.1 million 6 new commercial leases executed in Q2 representing over 60,000 sqft. of office and retail space Residential managed portfolio 97% leased; in-place rent growth of 7% vs. prior year Comstock Holding Companies, Inc. (NASDAQ:CHCI) ("
Significant managed portfolio expansion continues recent growth trajectory Revenue increased 4% to $10.6 million; 15th consecutive period of year-over-year growth 45% increase in recurring fee-based Property & Parking Management revenue 20 additional AUM vs. prior year, including 12 new third-party ParkX contracts Net income of $0.9 million, an increase of 21% vs. prior year; Adjusted EBITDA of $1.5 million 10 commercial leases executed in Q124, including 7 new tenants; Commercial portfolio expansion includes delivery of first trophy-class office tower in The Row at Reston Station, expanding capacity for new leasing activity Residential managed portfolio 96% leased; in-p
Q4 2023 Q4 revenue increased 18% to $11.0 million, including 12% increase in recurring fee-based revenue Q4 operating income increased 22% to $1.9 million; Q4 net income increased 43% to $1.9 million Q4 Adjusted EBITDA increased 17% to $2.2 million Fiscal Year 2023 YTD revenue increased 14% to $44.7 million, including 13% increase in recurring fee-based revenue YTD operating income increased 15% to $9.2 million; YTD net income of $7.8 million flat vs. prior year YTD Adjusted EBITDA of $10.4 million, up 16% vs. prior year Generated $9.0 million of cash flow from operations Maintained well above-average leased percentages in both Commercial and Residential por
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Celebrate Summer with Free Concerts, Movies, Fitness, and Family Fun Comstock Holding Companies, Inc. (NASDAQ:CHCI) ("Comstock"), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced that the highly anticipated Summerbration concert and event series at Reston Station Metro Plaza will kick off on May 24th and run through September 13th. Summerbration is an annual celebration of everything summer hosted at Comstock's Reston Station that showcases an array of free concerts, movies, family-friendly activities, and wellness events. Reston Station will come alive every Friday evening with the Fab Fridays Live M
Spartan Shield is latest office tenant; Paris Baguette, Relive Health, and Kilwins additions bring building to full retail occupancy Comstock Holding Companies, Inc. (NASDAQ:CHCI) ("Comstock"), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today the signing of the following four new leases at The Hartford building, located at 3101 Wilson Boulevard in Arlington, Virginia: Spartan Shield – 2,900 square feet (Office) Paris Baguette – 3,400 square feet (Retail) Relive Health – 2,200 square feet (Retail) Kilwins – 1,500 square feet (Retail) The Hartford is a trophy office tower positioned a
Comstock Holding Companies, Inc. (NASDAQ:CHCI) ("Comstock" or the "Company"), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today that David P. Paul has been appointed to its Board of Directors and will serve an initial term that expires at the Company's 2024 Annual Meeting of Stockholders. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230906582762/en/David P. Paul, Comstock's newest Board member. (Photo: Business Wire) Mr. Paul is a seasoned real estate executive and former President and Chief Operating Officer of JBG SMITH (NYSE:JBGS), a