Comstock Holding Companies, Inc. (Comstock) is a real estate development and services company focused on the Washington, D.C. metropolitan area. The Company builds a range of products including apartments, single-family homes, townhouses, mid-rise condominiums, high-rise multi-family condominiums and mixed-use (residential and commercial) developments. The Company has built homes and apartment buildings in suburban communities, where it focuses on low density products, such as single family detached homes, and in urban areas, where it focuses on high density multi-family and mixed use products. The Company’s multi-family buildings are developed as rental properties to be held and operated for its own purposes, converted at some point to for-sale condominium units or sold on a merchant build basis. Its multi-family communities primarily target two groups: young first time tenants and renters by choice.