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0.00862600123228592 -0.00923598274799746 0 0 -0.011090573012939 -0.0268022181146026 -0.0274183610597659 -0.0499075785582255
Stock impact report

Comstock Acquires Rockville Multifamily Building, The Reed [Yahoo! Finance]

Comstock Holding Companies, Inc. - Class A (CHCI) 
US:NASDAQ Investor Relations: ir.comstockhomes.com
Company Research Source: Yahoo! Finance
RESTON, Va., March 23, 2026 BUSINESS WIRE )--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 it has completed the acquisition of The Reed, a 417-unit Class A multifamily property located at 15955 Frederick Road in Rockville, Maryland. The acquisition was completed on behalf of a joint venture between the Company and a third-party Benefit Street Partners-advised institutional fund. Comstock Partners, LC, a privately held affiliate of the Company, co-invested in the joint venture. Two wholly owned subsidiaries of Comstock, CHCI Residential Management and ParkX Management, will provide best-in-class, customer-focused property management services for The Reed. Built in 2015, The Reed is located directly adjacent to the Shady Grove Metro Station and within walking distance to the restaurants, shops, and outdoor Show less Read more
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