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Comstock Announces Major Acquisition in Rockville

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Comstock Announces Major Acquisition in Rockville

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Comstock Homebuilding Companies ( (CHCI) ) has shared an announcement.

On September 16, 2025, Comstock Holding Companies, Inc. announced that its subsidiary entered into a Purchase and Sale Agreement to acquire a 400+ unit apartment building in Rockville, Maryland for $112,250,000. The agreement includes a 45-day due diligence period and provisions for additional deposits, with settlement scheduled for December 1, 2025. Comstock plans to seek an institutional partner for a joint venture, potentially holding a minority equity interest in the property.

The most recent analyst rating on (CHCI) stock is a Buy with a $14.50 price target. To see the full list of analyst forecasts on Comstock Homebuilding Companies stock, see the CHCI Stock Forecast page.

Spark’s Take on CHCI Stock

According to Spark, TipRanks’ AI Analyst, CHCI is a Outperform.

CHCI’s strong financial performance, characterized by robust revenue growth and solid margins, is the primary driver of the high score. Technical indicators show positive momentum but indicate potential overbought conditions, which slightly tempers the outlook. The stock’s valuation suggests it is currently undervalued.

To see Spark’s full report on CHCI stock, click here.

More about Comstock Homebuilding Companies

Comstock Holding Companies, Inc. operates in the real estate industry, focusing on homebuilding and real estate development. The company is involved in acquiring and developing residential and mixed-use properties, catering to various market segments.

Average Trading Volume: 26,659

Technical Sentiment Signal: Buy

Current Market Cap: $163.1M

See more data about CHCI stock on TipRanks’ Stock Analysis page.

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