Comstock Enters Into A Purchase Agreement To Acquire The Ascher, A 672-unit Class A Multifamily Property Located In Uptown Charlotte, North Carolina

Comstock Holding Companies, Inc. (NASDAQ:CHCI) ("Comstock" or the "Company"), a leading real estate company specializing in the development, acquisition, operation, and management of mixed-use, transit-oriented properties and data center developments, today announced that it has entered into a purchase agreement to acquire The Ascher, a 672-unit Class A multifamily property located in Uptown Charlotte, North Carolina (the "Purchase Agreement"). Upon closing, which is expected in the fourth quarter of 2026, The Ascher will join Comstock's growing portfolio of premier residential communities.