CHCI

Shares of Comstock Holding Companies, Inc. CHCI have gained 27.7% since the company reported its earnings for the quarter ended June 30, 2026, compared with the S&P 500 index’s 0.6% decline over the same period. Over the past month, the stock has advanced 22.8% compared with the S&P 500’s 2.2% increase. Comstock reported second-quarter 2026 earnings per share of 84 cents, which jumped from 14 cents per share in the prior-year quarter. Revenues of $22.6 million denoted a 74% rise from $13 million in the year-ago quarter. Net income surged 512% to $8.9 million from $1.5 million, while Adjusted EBITDA rose 231% year over year to $7.4 million from $2.2 million. Comstock Holding Companies, Inc. price-consensus-eps-surprise-chart | Comstock Holding Companies, Inc. Quote Comstock ended the quarter with 108 managed assets, up from 82 a year earlier. Its stabilized commercial portfolio was 92% leased, with nine commercial leases covering approximately 409,000 square feet executed during the quarter and 447,000 square feet leased year to date. The stabilized residential portfolio was 94% leased, with 351 units leased during the quarter and 501 units year to date. ParkX subsidiary revenues increased 89% from the prior-year period, while the business secured eight new contracts during the quarter, including three third-party parking garages. The company also reported progress across its development portfolio. The final phase of the BLVD Haley residential tower and roughly 6,000 square feet of adjacent retail space was delivered, completing all buildings at The Row at Reston Station. Lease-up at BLVD Haley reached 37%. Meanwhile, the JW Marriott Reston Station Hotel conference center expansion is scheduled for delivery in fall 2026. Chairman and CEO Christopher Clemente attributed the quarter's performance to Comstock's continued focus on strategic growth and said the results demonstrated the potential of its asset-light, debt-free platform. Management highlighted the diversity of the company's revenue sources, noting that recurring fee-based revenues from the core business increased alongside expansion of the managed portfolio. Comstock also pointed to its institutional venture and data center platforms as contributors to both top- and bottom-line growth and said it remains positioned to capitalize on that momentum. The sharp increase in reported net income partly reflected a $4.3 million gain on equity investments in Jericho Energy Ventures during the quarter. Excluding unrealized gains on equity investments, along with other specified items, adjusted EBITDA still increased substantially to $7.4 million. Comstock said the improvement in adjusted EBITDA was primarily driven by expansion of its managed portfolio, which generated higher recurring fee-based revenues from its three operating property-management subsidiaries and increased asset-management fees. Higher supplemental leasing and acquisition fee revenues also contributed. Operating income increased to $6.7 million from $1.8 million despite higher expenses. Cost of revenue rose to $14.6 million from $10.5 million, while selling, general and administrative expenses increased to $1.3 million from $0.6 million. Income before taxes reached $11.2 million, compared with $2.1 million a year earlier, aided significantly by the equity-investment gain. Cash and cash equivalents declined to $25.3 million as of June 30, 2026, from $31.3 million as of Dec. 31, 2025. Total assets increased to $92.2 million from $85 million. Total liabilities decreased to $11 million as of June 30, 2026, from $15 million at 2025-end. Total stockholders’ equity rose to $81.2 million from $70 million over the same period. Comstock finalized the acquisition of the Woodland Pointe office complex through its Institutional Venture Platform, generating $4.1 million of supplemental fees during the quarter. The transaction added an existing 185,000-square-foot office building to the stabilized commercial portfolio and approximately 100,000 square feet of build-to-suit office space to the development pipeline, with both buildings fully leased to Peraton. It was Comstock's second Institutional Venture Platform transaction of 2026. The company also finalized its Oklahoma data center joint venture with Jericho Energy Ventures. The venture has development rights covering roughly 6,000 acres of an approximately 18,000-acre subsurface portfolio and secured a letter of intent with an electric power and energy infrastructure company to serve as exclusive power provider for up to 3 gigawatts of power to the assembled land portfolio. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Comstock Holding Companies, Inc. (CHCI): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

CHCI’s 30th consecutive quarter of revenue growth demonstrates strength of business model Q2 2026 Revenue increased 74% to $22.6 million; $40.0 million YTD, up 56% vs. prior year Net income increased 512% to $8.8 million; $10.8 million YTD, up 257% vs. prior year Adjusted EBITDA increased 231% to $7.4 million; $9.5 million YTD, up 123% vs. prior year Managed Portfolio 26 additional managed assets vs. prior year; 108 in total, including third-party-owned assets Commercial portfolio continues to outperform broader office sector, 92% leased at period end Residential stabilized portfolio continues to perform well, 94% leased at period end Real Estate Venture Platforms Institutional Venture Platform (IVP): Finalized acquisition of Woodland Pointe office complex Data Center Platform (DCP): Finalized Oklahoma data center joint venture with JEV (Oklahoma JV) RESTON, Va., August 13, 2026--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) ("Comstock" or the "Company") today announced financial results for the second quarter ended June 30, 2026. "Our continued focus on strategic growth in Q2 delivered a 74% increase in revenue and significant increases in net income and Adjusted EBITDA, demonstrating the potential of our asset-light, debt free platform," said Christopher Clemente, Comstock’s Chairman and Chief Executive Officer. Mr. Clemente continued, "Underpinning our results is the diversity of revenue sources, as we further leverage our operational capabilities to drive additional growth. Recurring, fee-based revenue from our core business increased in line with the continued expansion of our managed portfolio, supplemented by the continued progress of our institutional venture and data center platforms that each produced drivers of both top- and bottom-line growth. We remain well-positioned to capitalize on this momentum and deliver long-term value for our shareholders." The Company will post an updated Investor Presentation to the "Events and Presentations" section of its Investor Relations website on August 13, 2026. Additional Information Stabilized Commercial portfolio is 92% leased; 9 commercial leases executed in Q2 covering approximately 409,000 sqft. of office and retail spaces; 447,000 sqft. leased YTD. Stabilized Residential portfolio is 94% leased; 501 units leased YTD, including 351 in Q2. ParkX subsidiary revenue increased 89% vs. prior year; 8 new contracts secured in Q2, including 3 new third-party parking garages. Woodland Pointe acquisition includes addition of existing 185,000 sqft. office building to stabilized commercial portfolio and ~100k sqft. build-to-suit office building to development pipeline; both buildings are 100% leased to a single tenant (Peraton). JW Marriott Residences Reston Station set another new record for the most valuable condominium sold in Virginia with a $10.9 million closing of top-floor penthouse residence; property’s 2nd record-breaking sale in 2026. Development updates on The Row at Reston Station: Cautionary Statement Regarding Forward-Looking Statements This release may include "forward-looking" statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by use of words such as "anticipate," "believe," "estimate," "may," "intend," "expect," "will," "should," "seeks" or other similar expressions. Forward-looking statements are based largely on our expectations and involve inherent risks and uncertainties, many of which are beyond our control. You should not place any undue reliance on any forward-looking statement, which speaks only as of the date made. Any number of important factors could cause actual results to differ materially from those projected or suggested by the forward-looking statements. Comstock specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments, or otherwise. About Comstock Comstock (Nasdaq: CHCI) is a leading real estate company specializing in the development, acquisition, operation, and management of mixed-use, transit-oriented properties and data center developments. With over four decades of industry expertise, Comstock’s vertically integrated operating platform delivers long-term value across a rapidly growing portfolio of premier properties that includes two of the most prominent mixed-use, transit-oriented developments in the Mid-Atlantic region. Leveraging its scalable, asset-light, debt-free business model, Comstock has strategically expanded into large-scale AI and digital infrastructure development and established an active position in one of the real estate industry's top-performing segments. For more information, please visit Comstock.com. Adjusted EBITDA The following table presents a reconciliation of net income (loss), the most directly comparable financial measure as measured in accordance with GAAP, to Adjusted EBITDA: The increases in Adjusted EBITDA for the three and six months ended June 30, 2026 were primarily driven by the continued expansion of our managed portfolio that brought significant increases in recurring fee-based revenue from our three operating property management subsidiaries and higher asset management fee revenue. Also contributing were significant increases in supplemental leasing fee revenue and acquisition fee revenue. We define Adjusted EBITDA as net income (loss) from continuing operations, excluding the impact of interest expense (net of interest income), income taxes, depreciation and amortization, stock-based compensation, and unrealized gains (losses) on real estate ventures and equity investments. We use Adjusted EBITDA to evaluate financial performance, analyze the underlying trends in our business and establish operational goals and forecasts that are used when allocating resources. We expect to compute Adjusted EBITDA consistently using the same methods each period. We believe Adjusted EBITDA is a useful measure because it permits investors to better understand changes over comparative periods by providing financial results that are unaffected by certain non-cash items that are not considered by management to be indicative of our operational performance. While we believe that Adjusted EBITDA is useful to investors when evaluating our business, it is not prepared and presented in accordance with GAAP, and therefore should be considered supplemental in nature. Adjusted EBITDA should not be considered in isolation, or as a substitute, for other financial performance measures presented in accordance with GAAP. Adjusted EBITDA may differ from similarly titled measures presented by other companies. View source version on businesswire.com: https://www.businesswire.com/news/home/20260812024011/en/ Contacts Investor: [email protected] Media: [email protected]

Shares of Comstock Holding Companies, Inc. CHCI have declined 7.3% since the company reported results for the quarter ended March 31, 2026, underperforming the S&P 500 index’s 1.4% decline during the same period. Over the past month, the stock has fallen 8.8%, compared with a 3.7% gain for the broader benchmark index. Comstock reported first-quarter 2026 earnings per share of 19 cents, which rose from 15 cents a year earlier. Revenue of $17.4 million denoted a 38% rise from $12.6 million in the year-ago quarter, while net income rose 25% to $2 million from $1.6 million. Adjusted EBITDA climbed 6% year over year to $2.2 million. The company also expanded its managed portfolio to 100 assets from 76 in the prior-year period. Comstock Holding Companies, Inc. price-consensus-eps-surprise-chart | Comstock Holding Companies, Inc. Quote Comstock continued to benefit from growth in its asset management and property management operations during the quarter. Stabilized commercial assets were 93% leased as of March 31, with seven commercial leases signed during the quarter covering about 38,000 square feet of office and retail space. Residential assets were 94% leased, with 150 units leased during the quarter.The company highlighted strong demand for trophy office space at Reston Station. 96% of the 1.3 million square feet of trophy-class office space across Reston Station’s five office towers is currently leased or reserved. Comstock’s ParkX subsidiary also posted notable growth, with revenue increasing 106% from the prior year. The business secured 13 new contracts during the quarter, including five new third-party agreements. Chairman and Chief Executive Officer Christopher Clemente attributed the quarter’s performance to the company’s focus on strategically located mixed-use and transit-oriented assets. He said expanding assets under management have helped generate diversified recurring fee-based revenue streams while supporting long-term growth. The company also emphasized the benefits of its debt-free balance sheet and fee-based business model. Management noted that long-term asset management agreements and vertically integrated operating subsidiaries provide recurring revenue streams and downside protection. Adjusted EBITDA growth was primarily driven by increases in recurring fee-based revenue from Comstock’s operating property management subsidiaries and higher asset management fees tied to portfolio expansion. Comstock also pointed to transaction-related revenue generated by acquisitions completed through its Institutional Venture Platform (“IVP”), which contributed to development pipeline growth and additional fee-based revenue opportunities. The company continued to expand its development and investment platforms during the quarter. In March 2026, Comstock acquired The Reed, a 417-unit multifamily property in Rockville, Md., through its IVP platform. Early in the second quarter, it also acquired Woodland Pointe, a fully leased office complex in Herndon, Va., which includes an existing 185,000-square-foot office building and a future build-to-suit office project. Comstock also recently launched a Data Center Platform focused on joint venture opportunities tied to data center development. Management said the initiative is intended to capitalize on growing demand for data center capacity and create additional fee-based revenue opportunities. In addition, the company expanded into mall management through its assumption of management responsibilities for Dulles Town Center in Virginia beginning May 1. The assignment includes property management, leasing, tenant relations and redevelopment evaluation services. Comstock highlighted several operational milestones during the quarter, including a record-setting $10.3 million condominium sale at JW Marriott Residences Reston Station, surpassing the previous Virginia condominium sales record of $6 million. The company also continues to advance major projects at The Row at Reston Station. BLVD Haley, a 419-unit luxury residential tower, remains on track for full delivery by the second quarter of 2026, while Ebbitt House — the first expansion of Washington, D.C.’s Old Ebbitt Grill — is also nearing opening. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Comstock Holding Companies, Inc. (CHCI): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Revenue growth of 38% highlights strong first quarter for CHCI Q1 2026 Revenue increased 38% to $17.4 million Net income increased 25% to $2.0 million Adjusted EBITDA increased 6% to $2.2 million Managed Portfolio 24 additional AUM vs. prior year ParkX secured 13 new contracts in Q1 and announced entry into food & beverage management Commercial and Residential stabilized assets remain well above 90% leased JW Marriott Residences Reston Station shatters Virginia record for most valuable condo sale ($10.25M) Real Estate Venture Platforms Institutional Venture Platform ("IVP") gains momentum Q1 acquisition of The Reed, a stabilized, transit-oriented 417-unit multifamily asset in Rockville, Md. Early Q2 acquisition of Woodland Pointe, a fully-leased office complex in Herndon, Va. Includes existing 185k sqft. office building and adds second "build-to-suit" office building into development pipeline RESTON, Va., May 14, 2026--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) ("Comstock" or the "Company") today announced financial results for the first quarter ended March 31, 2026. "Our Q1 results included a 38% increase in revenue and a 25% increase in net income — 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," said Christopher Clemente, Comstock’s Chairman and Chief Executive Officer. "The 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." As previously reported, the Company’s recently completed Trophy office towers in The Row at Reston Station remain in high demand for office tenants seeking highly amenitized, mixed-use, transit-oriented neighborhoods to attract their workforces back to the office, while the development’s residential, retail, and hospitality assets have continued to perform and near full stabilization. Additionally, residential and commercial acquisitions under the Company’s Institutional Venture Platform have generated significant transaction-related revenue, expanded the Company’s development pipeline, and created additional fee-based revenue streams. The recently announced expansion of the Company’s operating platform to include regional mall management and leasing services introduces a new vertical that fits the skill set of Comstock’s management team. This new offering further diversifies the Company’s sources of revenue and opens new opportunities for expansion outside of the Washington, D.C. region, significantly enhancing Comstock’s future growth plans. The Company will post an updated Investor Presentation to the "Events and Presentations" section of its Investor Relations website on May 14, 2026. Additional Information Stabilized Commercial managed portfolio is 93% leased; 7 commercial leases executed in Q1 covering approximately 38,000 sqft. of office and retail spaces. Residential managed portfolio is 94% leased; 150 units leased in Q1. ParkX subsidiary revenue increased 106% vs. prior year; 13 new contracts secured in Q1 include 5 new third-party contracts. The JW Marriott Residences Reston Station recently set a new record for the most valuable condominium sale in the history of Virginia with a $10.25 million closing, easily eclipsing the previous record of $5.95 million Significant development assets delivering/opening soon in The Row at Reston Station: BLVD Haley, a 419-unit luxury residential tower - partially delivered in Q4 2025, scheduled to be fully delivered by Q2 2026. Ebbitt House, the first-ever expansion of D.C.’s iconic Old Ebbitt Grill Cautionary Statement Regarding Forward-Looking Statements This release may include "forward-looking" statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by use of words such as "anticipate," "believe," "estimate," "may," "intend," "expect," "will," "should," "seeks" or other similar expressions. Forward-looking statements are based largely on our expectations and involve inherent risks and uncertainties, many of which are beyond our control. You should not place any undue reliance on any forward-looking statement, which speaks only as of the date made. Any number of important factors could cause actual results to differ materially from those projected or suggested by the forward-looking statements. Comstock specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments, or otherwise. About Comstock Founded in 1985, Comstock is a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region. With a managed portfolio that includes approximately 10 million square feet of stabilized, under construction, and planned assets that are strategically located at key Metro stations, Comstock is at the forefront of the urban transformation taking place in one of the nation’s best real estate markets. Comstock’s developments include some of the largest and most prominent mixed-use and transit-oriented projects in the mid-Atlantic region, as well as multiple large-scale public-private partnership developments. For more information, please visit Comstock.com. Adjusted EBITDA The following table presents a reconciliation of net income (loss) from continuing operations, the most directly comparable financial measure as measured in accordance with GAAP, to Adjusted EBITDA: The increase in Adjusted EBITDA for the three months ended March 31, 2026 are primarily driven by significant increases in recurring fee-based revenue from our three operating property management subsidiaries and higher asset management fee revenue from the continued expansion of our managed portfolio. We define Adjusted EBITDA as net income (loss) from continuing operations, excluding the impact of interest expense (net of interest income), income taxes, depreciation and amortization, stock-based compensation, and unrealized gains (losses) on real estate ventures and equity investments. We use Adjusted EBITDA to evaluate financial performance, analyze the underlying trends in our business and establish operational goals and forecasts that are used when allocating resources. We expect to compute Adjusted EBITDA consistently using the same methods each period. We believe Adjusted EBITDA is a useful measure because it permits investors to better understand changes over comparative periods by providing financial results that are unaffected by certain non-cash items that are not considered by management to be indicative of our operational performance. While we believe that Adjusted EBITDA is useful to investors when evaluating our business, it is not prepared and presented in accordance with GAAP, and therefore should be considered supplemental in nature. Adjusted EBITDA should not be considered in isolation, or as a substitute, for other financial performance measures presented in accordance with GAAP. Adjusted EBITDA may differ from similarly titled measures presented by other companies. View source version on businesswire.com: https://www.businesswire.com/news/home/20260514721598/en/ Contacts Investor Contact [email protected] Media Contact [email protected]

Shareholders were pleased with the recent earnings report from Comstock Holding Companies, Inc. (NASDAQ:CHCI). Investors should be cautious however, as there some causes of concern deeper in the numbers. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. As finance nerds would already know, the accrual ratio from cashflow is a key measure for assessing how well a company's free cash flow (FCF) matches its profit. The accrual ratio subtracts the FCF from the profit for a given period, and divides the result by the average operating assets of the company over that time. This ratio tells us how much of a company's profit is not backed by free cashflow. Therefore, it's actually considered a good thing when a company has a negative accrual ratio, but a bad thing if its accrual ratio is positive. While it's not a problem to have a positive accrual ratio, indicating a certain level of non-cash profits, a high accrual ratio is arguably a bad thing, because it indicates paper profits are not matched by cash flow. Notably, there is some academic evidence that suggests that a high accrual ratio is a bad sign for near-term profits, generally speaking. Comstock Holding Companies has an accrual ratio of 0.41 for the year to December 2025. Ergo, its free cash flow is significantly weaker than its profit. Statistically speaking, that's a real negative for future earnings. Indeed, in the last twelve months it reported free cash flow of US$4.4m, which is significantly less than its profit of US$17.1m. Comstock Holding Companies shareholders will no doubt be hoping that its free cash flow bounces back next year, since it was down over the last twelve months. Importantly, we note an unusual tax situation, which we discuss below, has impacted the accruals ratio. This would certainly have contributed to the weak cash conversion. Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Comstock Holding Companies. In addition to the notable accrual ratio, we can see that Comstock Holding Companies received a tax benefit of US$4.2m. This is of course a bit out of the ordinary, given it is more common for companies to be paying tax than receiving tax benefits! We're sure the company was pleased with its tax benefit. However, the devil in the detail is that these kind of benefits only impact in the year they are booked, and are often one-off in nature. Assuming the tax benefit is not repeated every year, we could see its profitability drop noticeably, all else being equal. So while we think it's great to receive a tax benefit, it does tend to imply an increased risk that the statutory profit overstates the sustainable earnings power of the business. This year, Comstock Holding Companies couldn't match its profit with cashflow. If the tax benefit is not repeated, then profit would drop next year, all else being equal. For the reasons mentioned above, we think that a perfunctory glance at Comstock Holding Companies' statutory profits might make it look better than it really is on an underlying level. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. In terms of investment risks, we've identified 1 warning sign with Comstock Holding Companies, and understanding this should be part of your investment process. Our examination of Comstock Holding Companies has focussed on certain factors that can make its earnings look better than they are. And, on that basis, we are somewhat skeptical. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Shares of Comstock Holding Companies, Inc. CHCI have rallied sharply following the company’s latest earnings release. Since reporting results for the quarter ended Dec. 31, 2025, the stock has gained 36.3%, significantly outperforming the S&P 500 index, which has declined 2.8% over the same period. The momentum is similarly evident over a shorter horizon, with CHCI advancing 36.2% in the past month compared with a 5.4% drop in the broader market. Comstock reported fourth-quarter 2025 earnings per share of $1.28, which climbed from 99 cents a year earlier. Revenues rose 42% to $23.9 million from $16.9 million in the prior-year period, while net income increased 31% to $13.5 million. Adjusted EBITDA soared 51% year over year to $8.1 million in the quarter under review. Comstock Holding Companies, Inc. price-consensus-eps-surprise-chart | Comstock Holding Companies, Inc. Quote Beyond headline financials, Comstock continued to expand its managed portfolio and operational footprint. The company reported 92 assets under management (AUM), representing a 28% increase from the prior year. Leasing activity remained robust, with approximately 410,000 square feet of commercial leases executed during the quarter and more than 600,000 square feet leased for the full year. Residential occupancy also remained strong, consistently exceeding 90% since early 2023. The ParkX subsidiary emerged as a notable growth driver, with revenues surging 123% year over year and 45 new contracts secured in fiscal 2025, including 19 in the fourth quarter alone. Additionally, the company’s stabilized commercial and residential portfolios both maintained high occupancy levels of around 93%, reflecting sustained demand for its properties. Management emphasized the consistency and durability of Comstock’s growth trajectory. CEO Christopher Clemente highlighted that 2025 marked the company’s seventh consecutive year of double-digit top-line growth, achieved while maintaining a debt-free balance sheet. He attributed the results to the quality of the company’s assets, its fee-based business model, and execution across its vertically integrated platform. The commentary underscores management’s confidence in the scalability of its asset-light strategy, which focuses on recurring fee income from asset and property management. Several factors contributed to the strong quarterly results. Increased leasing activity, particularly in trophy office assets such as those at Reston Station, generated significant supplemental fee revenue and boosted recurring income streams. The delivery and leasing of new developments, including office towers and residential units, also supported growth. The company’s diversified revenue model — spanning asset management, property management and ancillary services — helped drive resilience. Supplemental fee revenues accounted for a meaningful portion of total revenue, highlighting the upside from transactional and development-related activities. For the full year, revenues grew 23% to $62.9 million, and net income advanced 17% to $17.1 million. It reported earnings per share of $1.63, which rose from $1.41 a year earlier. Adjusted EBITDA also improved meaningfully, increasing 16% for the year to $13.4 million. Management outlined key strategic priorities for 2026. These include expanding its Institutional Venture Platform through acquisitions and scaling its newly launched Data Center Platform. The presentation also notes expectations for continued growth in revenue and adjusted EBITDA, supported by long-term management agreements and recurring fee streams. During the quarter, Comstock announced the launch of its Data Center Platform, targeting joint venture opportunities in large-scale data center developments across regions such as Oklahoma and the Mid-Atlantic. The company also highlighted upcoming acquisitions under its Institutional Venture Platform, including a stabilized multifamily property in Rockville, Maryland, expected to close in the first quarter of 2026, with another acquisition anticipated in the second quarter. Additionally, Comstock continued to deliver major assets within its flagship developments, including office towers, residential units and a JW Marriott-branded hotel at Reston Station, reinforcing its position as a leading developer and operator of mixed-use, transit-oriented properties in the Washington, D.C. region. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Comstock Holding Companies, Inc. (CHCI): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

CHCI’s strong Q4 drives growth across all key performance metrics Company launches Data Center Platform - multiple data center projects to provide new revenue sources Multiple Institutional Venture Platform acquisitions anticipated to close in 2026 Q4 2025 Q4 revenue increased 42% to $23.9 million; Q4 net income increased 31% to $13.5 million, including 53% increase in operating income Q4 Adjusted EBITDA increased 51% to $8.1 million Fiscal Year 2025 YTD revenue increased 23% to $62.9 million - 28th consecutive quarter of YoY growth YTD net income increased 17% to $17.1 million YTD Adjusted EBITDA increased 16% to $13.4 million Managed Portfolio Commercial and Residential assets remain amongst the most in-demand and highly leased in the region 410,000 sqft. of commercial leases executed in Q4 alone; more than 600,000 sqft. in 2025 Residential leased occupancy has remained above 90% since Q1 2023 20 additional AUM vs. prior year, including 3 new ParkX third-party contracts added in Q4 Real Estate Venture Platforms Institutional Venture Platform ("IVP") acquisitions among Company’s primary FY 2026 objectives Previously announced acquisition of stabilized multifamily property in Rockville, Md. closing in Q1 2026; Additional IVP acquisition expected to close in Q2 2026 Data Center Platform ("DCP") announced, initially focusing on two strategic partnerships established in connection with large-scale data center campus developments in Oklahoma and the Mid-Atlantic region RESTON, Va., March 17, 2026--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) ("Comstock" or the "Company") today announced financial results for the fourth quarter and fiscal year ended December 31, 2025. "I am pleased to announce Comstock’s 7th consecutive year of double-digit annual top-line growth while maintaining a debt-free balance sheet," said Christopher Clemente, Comstock’s Chairman and Chief Executive Officer. "Our success in 2025 is a testament to the quality of the assets we develop and manage, the best-in-class services we provide, and the commitment of every team member to deliver exceptional experiences for our customers and extraordinary results for our shareholders." Key Performance Metrics In 2025, the Company delivered multiple significant buildings in Reston Station’s highly anticipated second phase, The Row at Reston Station. The 1.6 million square foot phase includes two Trophy-class office towers representing a total of approximately 590,000 square feet, a second BLVD-branded residential tower containing 418 apartments, and Virginia’s first JW Marriott-branded hotel and residences - a 248-key hotel with a market-leading 40,000+ square feet of event space, and 94 luxury condominiums at the top of the tower. In Q4-25, leading federal contractor Booz Allen Hamilton ("BAH") announced it would relocate its global headquarters from Tysons Corner to The Row at Reston Station in 2027, occupying 300,000+ square feet across the Company’s two new office towers - 100% of 1870 Reston Row Plaza and ~35% of 1800 Reston Row Plaza. This landmark lease was among the largest private sector office leases in the Washington, D.C. region in 2025. Currently, ~80% of the total office space in these recently delivered buildings is committed to BAH and other tenants. BAH announced that upwards of 1,500 jobs will relocate to Reston upon the completion of interior construction. To date, the JW Marriott Residences Reston Station has generated condominium sales of more than $100 million, representing approximately 50% of the projected total sales and making it one of the best-selling condominium projects in the region. The JW Marriott Reston Station hotel has quickly become among the best performing hotel and conference centers in Northern Virginia, attracting numerous corporate events to its market-leading luxury banquet and meeting space. Institutional Venture Platform In Q3-25, the Company announced the continuation of its Institutional Venture Platform ("IVP") with plans to acquire a 400+ unit residential property in Rockville, Maryland. That acquisition is expected to close in Q1-26, and the Company expects to announce additional acquisitions in the coming months. The Company’s Board of Directors also recently adopted its Institutional Venture Platform Policy, which can be found in the "Governance Documents" section of it’s Investor Relations website. Acquisitions under the Company’s IVP typically provide above average returns on invested capital ("ROIC"), generate fee-based revenue related to the asset management, property management, leasing, and capital improvement services provided by the Company to the IVP joint venture, as well as supplemental fee revenue related to acquisition/disposition services. Additionally, the Company typically earns a return on its capital and a "promoted" interest in the profit generated upon sale of the property. "Increasing AUM by acquisitions through our Institutional Venture Platform is among our primary objectives for 2026," said Mr. Clemente. "These joint ventures pair our operational expertise with the vast capital resources of our institutional partners. By identifying core, core+, and value-add acquisition opportunities and executing a strategic plan that we develop with our institutional partner, we enhance the operations and performance of acquired assets and generate above average, risk-adjusted returns for our partners and shareholders while minimizing capital risk for Comstock." Data Center Platform The Company also recently announced the launch of its Data Center Platform ("DCP"), initially focusing on two strategic partnerships established in connection with large-scale data center campus developments in Oklahoma and the Mid-Atlantic region. The Company will leverage its vast experience with designing large scale, multi-building developments and infrastructure projects, obtaining entitlements, and marketing "powered land" located in areas of focus for data center "hyperscalers." In the Mid-Atlantic region, the Company is providing entitlement and development services pursuant to a fee-based asset management agreement that provides robust profit sharing revenue opportunities for the Company upon sale of entitled data center development land to hyperscaler data center operators. No significant capital investment is required by the Company, ensuring the potential for sizable ROIC. In Oklahoma, the Company has committed a modest initial investment to form a strategic partnership with Jericho Energy Ventures (TSXV: JEV) ("Jericho") that will focus the development of large-scale data center campuses on several thousand acres in Oklahoma where Jericho owns and operates natural gas infrastructure capable of providing "behind the meter" power sources for data center operation. Through its direct investment in the joint venture with Jericho, the Company will earn a share of the potentially significant profits upon the sale of the joint venture’s assembled land portfolio to one or more data center hyperscalers. "The launch of our Data Center Platform represents a logical extension of our IVP, marking Comstock’s official entry into a critical real estate sector that is driving the digital economy," added Mr. Clemente. "The DCP endeavors we recently announced follow the same roadmap as all our strategic real estate ventures, representing low-risk, capital-light opportunities to generate additional diversified revenue streams while maintaining our pristine balance sheet." The Company will post an updated Investor Presentation to the "Events and Presentations" section of its Investor Relations website on March 17, 2026. Additional Information Stabilized Commercial managed portfolio is 93% leased; 8 commercial leases executed in Q4, representing approximately 410,000 sqft. of office and retail spaces; 602,000 sqft. leased in 2025. Residential managed portfolio is 93% leased; well over 600 units leased in 2025. ParkX subsidiary revenue increased 123% vs. prior year; 45 new contracts secured in FY25, including 19 new contracts in Q4. Significant developed assets currently under construction/opening soon in The Row at Reston Station: BLVD Haley, a 419-unit luxury residential tower - partially delivered in Q4-25, scheduled to be fully delivered by Q2-26. Cautionary Statement Regarding Forward-Looking Statements This release may include "forward-looking" statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by use of words such as "anticipate," "believe," "estimate," "may," "intend," "expect," "will," "should," "seeks" or other similar expressions. Forward-looking statements are based largely on our expectations and involve inherent risks and uncertainties, many of which are beyond our control. You should not place any undue reliance on any forward-looking statement, which speaks only as of the date made. Any number of important factors could cause actual results to differ materially from those projected or suggested by the forward-looking statements. Comstock specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments, or otherwise. About Comstock Founded in 1985, Comstock is a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region. With a managed portfolio that includes approximately 10 million square feet of stabilized, under construction, and planned assets that are strategically located at key Metro stations, Comstock is at the forefront of the urban transformation taking place in one of the nation’s best real estate markets. Comstock’s developments include some of the largest and most prominent mixed-use and transit-oriented projects in the mid-Atlantic region, as well as multiple large-scale public-private partnership developments. For more information, please visit Comstock.com. Adjusted EBITDA The following table presents a reconciliation of net income (loss) from continuing operations, the most directly comparable financial measure as measured in accordance with GAAP, to Adjusted EBITDA: The increases in Adjusted EBITDA for the three months and year ended December 31, 2025 are primarily driven by significant increases in recurring fee-based revenue from our three operating property management subsidiaries and supplemental fee revenue from leasing activity. We define Adjusted EBITDA as net income (loss) from continuing operations, excluding the impact of interest expense (net of interest income), income taxes, depreciation and amortization, stock-based compensation, and gain or loss on equity method investments in real estate ventures. We use Adjusted EBITDA to evaluate financial performance, analyze the underlying trends in our business and establish operational goals and forecasts that are used when allocating resources. We expect to compute Adjusted EBITDA consistently using the same methods each period. We believe Adjusted EBITDA is a useful measure because it permits investors to better understand changes over comparative periods by providing financial results that are unaffected by certain non-cash items that are not considered by management to be indicative of our operational performance. While we believe that Adjusted EBITDA is useful to investors when evaluating our business, it is not prepared and presented in accordance with GAAP, and therefore should be considered supplemental in nature. Adjusted EBITDA should not be considered in isolation, or as a substitute, for other financial performance measures presented in accordance with GAAP. Adjusted EBITDA may differ from similarly titled measures presented by other companies. View source version on businesswire.com: https://www.businesswire.com/news/home/20260316305140/en/ Contacts Investor Contact [email protected] Media Contact [email protected]

Shares of Comstock Holding Companies, Inc. CHCI have declined 22.6% since the company reported its earnings for the quarter ended Sept. 30, 2025. This compares to the S&P 500 index’s 3.1% decline over the same time frame. Over the past month, the stock has declined 11.5% compared with the S&P 500’s 1.2% decrease. Comstock posted third-quarter 2025 earnings per share (EPS) of 5 cents, down from 23 cents per share. Revenues of $13.3 million reflected a modest increase of 3% from $13 million in the year-ago quarter. However, net income declined sharply to $0.5 million from $2.4 million in the third quarter of 2024. Adjusted EBITDA dropped to $1.1 million, down from $3.1 million a year earlier. Comstock Holding Companies, Inc. price-consensus-eps-surprise-chart | Comstock Holding Companies, Inc. Quote Comstock’s recurring, fee-based revenues — which include income from its property management subsidiaries — increased 30% year over year. A key contributor was its ParkX subsidiary, which saw a 96% rise in third-party revenue for the quarter. Supplemental fee revenue also advanced 35% compared to the prior year. The company’s stabilized commercial managed portfolio was 93% leased as of the end of Q3. During the quarter, nine new leases were signed covering approximately 75,000 square feet, bringing the YTD commercial leasing volume to over 500,000 square feet. Residential portfolio occupancy stood at 96%, with more than 500 units leased YTD. The average in-place rent increased nearly 4% over the previous year. ParkX revenues surged 59% year over year. The company added 139 new employees in Q3 to support 12 new porter and janitorial service contracts beginning in Q4, expanding upon 10 previously secured contracts. This growth reflects Comstock’s ability to cross-sell services to existing clients, which the company says helps reduce the costs of acquiring new business. Chairman and CEO Christopher Clemente emphasized Comstock’s commitment to “long-term, sustainable growth through diversified revenue.” He highlighted the ParkX expansion as a cornerstone of the company’s Q3 investment activity. Clemente noted that the addition of new services like porter and janitorial offerings enabled the company to both grow relationships with existing clients and attract new ones. He also cited the continued attractiveness of Comstock’s high-quality properties, pointing to robust leasing activity post-quarter end at Reston Station’s two newest office towers. Despite the revenue increase, the company’s profitability metrics fell due to a significant rise in operating costs, particularly from the ParkX expansion. Cost of revenues jumped from $9.6 million to $11.9 million year over year in the third quarter. Selling, general and administrative expenses also rose 43% to $0.7 million. These cost increases led to a decrease in net income and adjusted EBITDA. Management attributed the spike in expenses to payroll and onboarding costs tied to launching ParkX’s new services. During the quarter, Comstock delivered two major assets at Reston Station that will boost future fee-based revenue. The JW Marriott Reston Station, a 248-key luxury hotel featuring the largest luxury event space in the D.C. area, began operations and secured several event bookings into 2026. The JW Marriott Residences, a 94-unit luxury condominium tower, has already achieved nearly $90 million in sales, with $20 million closing in September alone. Additionally, construction continues on other significant projects within The Row at Reston Station, including the BLVD Haley residential tower (419 units), a fully leased 254,000-square-foot office tower at 1870 Reston Row Plaza, and a 1,200-space parking garage. These assets are expected to begin delivering in late 2025 and into 2026, positioning Comstock for further expansion in both commercial and residential segments. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Comstock Holding Companies, Inc. (CHCI): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Company enters agreement to move to new headquarters facility in 2027, remaining in Fairfax County MCLEAN, Va., November 17, 2025--(BUSINESS WIRE)--Booz Allen Hamilton (NYSE: BAH) and Comstock Companies (Nasdaq: CHCI) announced today Booz Allen will relocate its global headquarters from McLean, Va. to Reston, Va. The company will occupy a newly constructed facility in The Row at Reston Station—the newest phase of Comstock’s Reston Station development—designed to upgrade and enhance the Booz Allen employee experience while streamlining operating costs. The new location reflects the evolving needs of Booz Allen’s business, which requires flexible spaces that can enable and accelerate the company’s advanced technology capabilities. "We continue to invest in an innovative, optimized Booz Allen. Our new headquarters will provide our people, partners, and customers with upgraded resources to build the technologies that support national missions while rightsizing our facilities footprint," said Kristine Martin Anderson, chief operating officer at Booz Allen. Interior build-out in the recently completed building is scheduled to begin in Summer 2026, with the new space expected to open in Fall 2027. "Booz Allen’s workforce strategy is centered on optimizing resources to help our highly technical workforce unlock innovation, today and into the future," said Jen Wagner, chief administrative officer at Booz Allen. The new headquarters will include both 1870 Reston Row Plaza and multiple floors of 1800 Reston Row Plaza. The company’s office at 8283 Greensboro Drive in McLean, Va. will be decommissioned in 2028. "Booz Allen has been a top employer and business leader in the Washington metro area for decades. The Row at Reston Station reflects the best of Northern Virginia’s economy, tech talent, and modern conveniences, and we are honored to welcome Booz Allen as part of our community," said Tim Steffan, chief operating officer of Comstock. About Booz Allen Hamilton Booz Allen is an advanced technology company delivering outcomes with speed for America’s most critical defense, civil, and national security priorities. We build technology solutions using AI, cyber, and other cutting-edge technologies to advance and protect the nation and its citizens. By focusing on outcomes, we enable our people, clients, and their missions to succeed—accelerating the nation to realize our purpose: Empower People to Change the World®. With global headquarters in McLean, Virginia, our firm employs approximately 32,500 people globally as of September 30, 2025, and had revenue of $12.0 billion for the 12 months ended March 31, 2025. To learn more, visit https:/www.boozallen.com. (NYSE: BAH) About Comstock Founded in 1985, Comstock is a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region. With a managed portfolio comprising approximately 10 million square feet at full build-out and including stabilized and development assets strategically located at key Metro stations, Comstock is at the forefront of the urban transformation taking place in the fastest-growing segments of one of the nation’s best real estate markets. Comstock’s developments include some of the largest and most prominent mixed-use and transit-oriented projects in the mid-Atlantic region, as well as multiple large-scale public-private partnership developments. For more information, please visit Comstock.com. BAHPR-CO View source version on businesswire.com: https://www.businesswire.com/news/home/20251117304599/en/ Contacts Booz Allen Media Relations: Jessica Klenk, [email protected] Booz Allen Investor Relations: Dustin Darensbourg, [email protected] Comstock Media Relations: [email protected]

Strong commercial leasing in Q3; significant office leases signed post-quarter end bring YTD to 500,000+ sqft. Investment in ParkX expansion drives Q325 headcount growth; adds new fee-based revenue streams Revenue increased 3% to $13.3 million; YTD increase of 13% to $38.9 million YTD revenue growth for 27th consecutive quarter; includes 25 periods with double-digit increases 30% increase in recurring, fee-based revenue from property management subsidiaries; up 37% YTD Includes 96% increase in third-party revenue from ParkX; up 126% YTD Supplemental fee revenue up 35% vs. prior year Net income of $0.5 million; $3.6 million YTD Adjusted EBITDA of $1.1 million; $5.3 million YTD Q3 investment in ParkX expansion supports new service offerings and further diversifies fee-based revenue Multiple new leases secured post-quarter end for two newest Trophy-class office towers at Reston Station 19 additional AUM vs. prior year Includes 7 new ParkX third-party contracts added in Q3 and 17 third-party contracts added YTD JW Marriott Reston Station delivered, adding hospitality AUM and new recurring revenue stream JW Marriott Residences Reston Station delivered, driving increase in property management fees RESTON, Va., November 13, 2025--(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, announced its financial results for the third quarter ended September 30, 2025. "Our Q3 financials are a result of our focus on long-term, sustainable growth through diversified revenue that drives earnings per share," said Christopher Clemente, Comstock’s Chairman and Chief Executive Officer. "During Q3, we invested in the expansion of our ParkX subsidiary by hiring 139 new employees to support new service offerings, including porter and janitorial services, allowing us to both expand existing relationships and secure new clients. The high-quality properties we develop and manage continue to be some of the most sought-after in the region. Subsequent to quarter-end, we secured multiple new office leases covering more than 310,000 square feet in the two newest office towers in The Row at Reston Station. Our industry-leading leased percentages across our stabilized portfolio continue to drive revenue growth, including recurring, fee-based revenue streams and supplemental fees." The Company will post an updated Investor Presentation to the "Events and Presentations" section of its Investor Relations website on November 13, 2025. Key Performance Metrics Additional Information Stabilized Commercial managed portfolio is 93% leased; 9 commercial leases executed in Q3, representing approximately 75,000 sqft. of office and retail spaces; 193,000 sqft. leased YTD. Significant office leases secured at Reston Station subsequent to Q3, increases YTD commercial leasing to more than 500,000 sqft. Residential managed portfolio is 96% leased; over 500 units leased YTD; average in-place rents up nearly 4% vs. prior year. ParkX subsidiary revenue increased 59% vs. prior year; ParkX increased headcount by 139 in Q3 to staff 12 new porter and janitorial contracts that will commence in Q4, in addition to 10 previously secured porter and janitorial contracts. Ability to expand relationships with existing parking and security clients minimizes costs related to securing new contracts. The Row at Reston Station delivered 2 significant assets that will generate fee-based revenue: JW Marriott Reston Station, a 248-key luxury hotel that is Virginia’s first ever JW Marriott and includes the D.C. region’s largest luxury meeting and event space (40,000 sqft.); promptly began hosting weddings and other large events and has already secured numerous event contracts for 2025 and 2026. JW Marriott Residences Reston Station, a 94-unit luxury condominium tower, has generated nearly $90 million in condominium sales to-date; $20 million closed in September alone. Developed assets currently under construction/opening soon in The Row at Reston Station: BLVD Haley, a 419-unit luxury residential tower - delivery begins in late Q425, fully delivered by Q226. 1870 Reston Row Plaza, a 254,000 sqft. Trophy-class office tower delivering in Q425 is now fully leased. A commercial parking garage with approximately 1,200 spaces that will service all residents, office and retail tenants, and visitors. Cautionary Statement Regarding Forward-Looking Statements This release may include "forward-looking" statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by use of words such as "anticipate," "believe," "estimate," "may," "intend," "expect," "will," "should," "seeks" or other similar expressions. Forward-looking statements are based largely on our expectations and involve inherent risks and uncertainties, many of which are beyond our control. You should not place any undue reliance on any forward-looking statement, which speaks only as of the date made. Any number of important factors could cause actual results to differ materially from those projected or suggested by the forward-looking statements. Comstock specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments, or otherwise. About Comstock Founded in 1985, Comstock is a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region. With a managed portfolio that includes approximately 10 million square feet of stabilized, under construction, and planned assets that are strategically located at key Metro stations, Comstock is at the forefront of the urban transformation taking place in one of the nation’s best real estate markets. Comstock’s developments include some of the largest and most prominent mixed-use and transit-oriented projects in the mid-Atlantic region, as well as multiple large-scale public-private partnership developments. For more information, please visit Comstock.com. Adjusted EBITDA The following table presents a reconciliation of net income (loss) from continuing operations, the most directly comparable financial measure as measured in accordance with GAAP, to Adjusted EBITDA: The decrease in Adjusted EBITDA for the three and nine months ended September 30, 2025 is primarily driven by lower net income due to a significant increase in operating costs from our ParkX subsidiary. This cost increase stems directly from significant payroll and onboarding costs incurred to staff and setup a new porter/janitorial service offering. We define Adjusted EBITDA as net income (loss) from continuing operations, excluding the impact of interest expense (net of interest income), income taxes, depreciation and amortization, stock-based compensation, and gain or loss on equity method investments in real estate ventures. We use Adjusted EBITDA to evaluate financial performance, analyze the underlying trends in our business and establish operational goals and forecasts that are used when allocating resources. We expect to compute Adjusted EBITDA consistently using the same methods each period. We believe Adjusted EBITDA is a useful measure because it permits investors to better understand changes over comparative periods by providing financial results that are unaffected by certain non-cash items that are not considered by management to be indicative of our operational performance. While we believe that Adjusted EBITDA is useful to investors when evaluating our business, it is not prepared and presented in accordance with GAAP, and therefore should be considered supplemental in nature. Adjusted EBITDA should not be considered in isolation, or as a substitute, for other financial performance measures presented in accordance with GAAP. Adjusted EBITDA may differ from similarly titled measures presented by other companies. View source version on businesswire.com: https://www.businesswire.com/news/home/20251112361216/en/ Contacts Investor Contact [email protected] Media Contact [email protected]

Shares of Comstock Holding Companies, Inc. CHCI have gained 10.9% since the company reported its earnings for the quarter ended June 30, 2025, outperforming the S&P 500 index’s 0.5% growth over the same period. Over the past month, the stock has advanced 24.2%, again topping the S&P 500’s 2.1% gain, indicating strong investor enthusiasm following the release. Comstock reported second-quarter 2025 earnings per share of 14 cents, up from 9 cents in the prior-year quarter. The company’s revenues rose 21% to $13 million from $10.8 million, while net income increased 53% to $1.4 million compared with $1 million a year earlier. Adjusted EBITDA also improved, climbing 39% to $2.2 million from $1.6 million in the same period last year, reflecting the company’s expanding recurring, fee-based revenue streams and disciplined cost structure. Comstock Holding Companies, Inc. price-consensus-eps-surprise-chart | Comstock Holding Companies, Inc. Quote Recurring, fee-based revenues from property management and operating subsidiaries surged 42%, supported by a 124% increase in third-party revenue from the ParkX parking management business. ParkX alone reported a 55% year-over-year revenue gain and expanded its service portfolio to include porter and janitorial offerings, positioning it for further growth in 2025 and beyond. Comstock’s managed portfolio expanded to 82 assets from 69 a year earlier, with its stabilized commercial portfolio 93% leased and residential portfolio 97% leased. Notably, average in-place rents for residential assets rose 3% over last year. Leasing momentum remained solid, with seven commercial leases totaling 33,000 square feet signed in the quarter and 118,000 square feet leased year-to-date. On the residential side, 296 units were leased year to date, underlining healthy demand across asset classes. Chairman and CEO Christopher Clemente emphasized that the company’s double-digit growth in all major financial metrics underscored the effectiveness of its strategic plan and low-risk, high-reward business model. He highlighted the company’s debt-free balance sheet, more than $2 million in operating cash generated in the quarter, and the stability offered by its long-term asset and property management agreements. Clemente also pointed to the continued appeal of Comstock’s high-quality, mixed-use, transit-oriented properties in the Washington, D.C. area, which are benefiting from growing return-to-office mandates. The significant increase in recurring fee-based revenue was a primary driver of the earnings gains. In particular, strong growth from ParkX and supplemental asset management fees contributed to higher Adjusted EBITDA. High leasing activity across commercial and residential portfolios, combined with steady rent growth and expansion of service offerings, further supported the top and bottom lines. The company outlined key operational milestones for the remainder of 2025. These include the delivery of Phase II of Reston Station — The Row — beginning in the third quarter. This phase features high-profile assets such as a JW Marriott luxury hotel and condominiums, a luxury residential tower, trophy-class office buildings, and premium retail spaces. Management also cited ongoing advanced lease negotiations for the office buildings and strong pre-sales for both condominiums (approximately $78 million) and hotel event space (around $1.7 million) ahead of their respective deliveries in late 2025. The Row at Reston Station, recognized as the largest privately funded development in the Washington, D.C. region, represents a major development milestone for Comstock. The project will bring diverse offerings to market over the next several quarters, including high-demand office space, upscale dining establishments like Tous les Jour, Noku Sushi, and Ebbitt House, and two ParkX-managed parking garages with more than 2,600 spaces serving residents and visitors. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Comstock Holding Companies, Inc. (CHCI): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research