- \n
- Revenue increased 38% to $17.4 million<\/b><\/li>\n
- Net income increased 25% to $2.0 million<\/b><\/li>\n
- Adjusted EBITDA increased 6% to $2.2 million<\/b><\/li>\n<\/ul>\n
Managed Portfolio<\/span><\/b><\/p>\n
- \n
- 24 additional AUM vs. prior year<\/b>\n
- \n
- ParkX secured 13 new contracts in Q1 and announced entry into food & beverage management<\/b><\/li>\n<\/ul>\n<\/li>\n
- Commercial and Residential stabilized assets remain well above 90% leased<\/b><\/li>\n
- JW Marriott Residences Reston Station shatters Virginia record for most valuable condo sale ($10.25M)<\/b><\/li>\n<\/ul>\n
Real Estate Venture Platforms<\/span><\/b><\/p>\n
- \n
- Institutional Venture Platform (\u201cIVP\u201d) gains momentum<\/b>\n
- \n
- Q1 acquisition of The Reed, a stabilized, transit-oriented 417-unit multifamily asset in Rockville, Md.<\/b><\/li>\n
- Early Q2 acquisition of Woodland Pointe, a fully-leased office complex in Herndon, Va.<\/b>\n
- \n
- Includes existing 185k sqft. office building and adds second \u201cbuild-to-suit\u201d office building into development pipeline<\/b><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
\u00a0<\/i><\/p>\n
RESTON, Va.–(BUSINESS WIRE<\/a>)–Comstock Holding Companies, Inc.<\/a> (Nasdaq: CHCI) (\u201cComstock\u201d or the \u201cCompany\u201d) today announced financial results for the first quarter ended March 31, 2026.<\/p>\n
\n\u201cOur Q1 results included a 38% increase in revenue and a 25% increase in net income \u2014 the direct result of our disciplined focus on the development and acquisition of strategically located, high-quality, in-demand assets positioned to outperform broader industry trends,\u201d said Christopher Clemente, Comstock\u2019s Chairman and Chief Executive Officer. \u201cThe significant expansion of our assets under management has generated diversified, recurring fee-based revenue streams that create a strong foundation for consistent growth. Our streamlined, debt-free balance sheet enables us to execute on strategic, low-risk investment opportunities that will further drive revenue growth and produce above average returns on invested capital.\u201d<\/p>\n
- Early Q2 acquisition of Woodland Pointe, a fully-leased office complex in Herndon, Va.<\/b>\n
- Q1 acquisition of The Reed, a stabilized, transit-oriented 417-unit multifamily asset in Rockville, Md.<\/b><\/li>\n
- Commercial and Residential stabilized assets remain well above 90% leased<\/b><\/li>\n
- ParkX secured 13 new contracts in Q1 and announced entry into food & beverage management<\/b><\/li>\n<\/ul>\n<\/li>\n
- Net income increased 25% to $2.0 million<\/b><\/li>\n
![\"Logo\"](\"https:\/\/mms.businesswire.com\/media\/20260514721598\/en\/2753415\/3\/CHCI_400x400_v2.jpg\")
<\/td>\n<\/tr>\n