Comstock Homebuilding Companies, Inc.
11465 Sunset Hills Rd., Ste. 510
Reston, VA, United States
“In Their Own Words”
Established in 1985, Comstock Homebuilding Companies is a diversified real estate development firm with a focus on moderately priced for-sale residential products. Comstock builds and markets single-family homes, townhouses, mid-rise condominiums, high-rise condominiums, and mixed-use urban communities. The company currently markets its products under the Comstock Homes brand in the Washington, D.C. and Raleigh, North Carolina markets, under the Capitol Homes brand in Raleigh, North Carolina and under the Parker Chandler Homes brand in Atlanta, Georgia and parts of the Carolinas. Comstock develops mixed-use, urban communities and active-adult communities under the Comstock Communities brand. Comstock Homebuilding Companies Inc. trades on NASDAQ as CHCI.
COMSTOCK HOMES builds single-family homes, townhouses and mid-rise condominiums in Virginia, Maryland and North Carolina.
PARKER CHANDLER HOMES builds single-family homes and townhouses in Georgia and the Carolinas.
CAPITOL HOMES builds single-family homes in North Carolina.
COMSTOCK COMMUNITIES develops high-rise condominiums, mixed-use urban communities and active-adult communities.
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Company Information from Hoover's
While people take stock of their lives, Comstock takes stock of its portfolio. The homebuilder develops land and builds single-family homes, townhouses, and mid- and high-rise condominiums in Washington, DC, Raleigh, North Carolina, and Atlanta. The company annually delivers some 200 homes with an average price of approximately $240,000. Its customer base includes first-time homebuyers, buyers looking to move up, empty nesters, and active retirees. Comstock's single-family homes range from roughly 1,400 sq. ft. to more than 6,000 sq. ft. and in price from the $100,000s to the $600,000s; its townhomes range in size from 1,200 sq. ft. to 4,500 sq. ft. and in price from the $100,000s to the $500,000s.
Key Numbers
| Company type |
Public |
| Fiscal Year-End |
December |
| 2007 Sales (mil.) |
$266.2 |
| 1-year Sales Growth |
8.2% |
| 2007 new Income (mil.) |
($87.5) |
| 1-year Net Income Growth |
|
| Employees |
|
| 1-Year Employee Growth |
|
Key People
| Chairman and CEO |
Christopher (Chris) Clemente |
| President, COO, and Director |
Gregory V. Benson |
| CFO |
Bruce J. Labovitz |
Key Competitors
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Profile information about Comstock Homebuilding Companies, Inc. ©2007
Hoover's, Inc.
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