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Comstock Garners 4 GALA Awards!

11/15/2013

A Strong Showing for One of DC's Most Innovative Homebuilders

RESTON, Va.--(BUSINESS WIRE)-- Comstock Homes of Washington, LC, a wholly owned subsidiary of Comstock Holding Companies, Inc. (NASDAQ:CHCI), is honored to have won four Great American Living Awards (GALA), sponsored by the Maryland National Capital Building Industry Association (MNCBIA) and Washington Metropolitan Sales and Marketing Council (WMSMC) along with the Northern Virginia Building Industry Association (NVBIA). The annual program is judged by a distinguished panel of building industry professionals representing expertise in each of the categories, New Home and Community Design, Building, Interior Design and Merchandising, and Marketing and Sales.

Comstock Recognized at GALA Event (Photo: Business Wire)

Comstock Recognized at GALA Event (Photo: Business Wire)

Homebuilders throughout the region compete actively for the opportunity to be recognized at the GALA event. This year, Comstock was awarded:

     

• Winner of Best Design & Architecture Attached Home

• Winner for Best Design & Architecture, Attached Home

$350,001 - $400,000

$500,001 - $600,000

Villas at East Gate - Villa B

Townes at the Hampshires - The Eaton

• Winner for Best Interior Merchandising Attached Home

• Award of Merit for Best Interior Merchandising Attached Home

$350,001 - $400,000

$500,001 - $600,000

Villas at East Gate - Villa B

Townes at the Hampshires - The Eaton

 

As defined by the program sponsors: "To be a GALA winner signifies excellence and the finest the industry has to offer. It translates into true value for the consumer and signifies acknowledgement of excellence by peers. GALA is a true mark of distinction — assurance that your home, community, and the sales and marketing efforts that support it meets the highest standards."

This is the first time in a number of years that Comstock Homes has submitted entries, reflecting the return of the "for sale" housing market.

For additional information please visit http://www.comstockhomes.com.

About Comstock Holding Companies, Inc. & Comstock Homes

Comstock Homes is a prominent homebuilder and real estate developer in the Washington, D.C. metropolitan area, where it builds a diverse range of products including single-family homes, townhouses, mid-rise condominiums, high-rise condominiums, apartments and mixed-use (residential and commercial) communities. Comstock Homes of Washington, LC is a wholly owned subsidiary of Comstock Holding Companies, Inc., a publicly traded, multi-faceted real estate development and services company, trading on NASDAQ under the symbol CHCI. For more information about Comstock Holding Companies, Inc. please visit www.ComstockHolding.com or for more information about Comstock Homes and its current projects, please visit www.ComstockHomes.com.

Cautionary Statement Regarding Forward-Looking Statements

This release contains "forward-looking" statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual future results to differ materially from those projected or contemplated in the forward-looking statements including incurring substantial indebtedness with respect to projects, the diversion of management's attention and other negative consequences. Additional information concerning these and other important risks and uncertainties can be found under the heading "Risk Factors" in the Company's most recent Form 10-K, as filed with the Securities and Exchange Commission. Comstock specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

Comstock Holding Companies, Inc.
Joe Squeri, 703-230-1229
Chief Financial Officer
or
Investor Relations:
LHA
Jody Burfening / Harriet Fried
212-838-3777
[email protected]

Source: Comstock Holding Companies, Inc.

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