Comstock Holding Companies (NASDAQ:CHCI) (NASDAQ: CHCI) is a diversified real estate operating company and self-storage real estate investment trust (REIT) focused on the acquisition, development and management of income-producing properties. With a core emphasis on self-storage facilities, the company targets high-growth regional markets in the Southeastern and Southwestern United States, seeking to capitalize on population growth, tourism trends and e-commerce-driven storage demand. Comstock’s portfolio includes climate-controlled units, drive-up access, business storage suites and ancillary amenities such as packing and moving supplies.
Originally established in the early 1970s with interests in manufactured housing communities and speculative homebuilding, Comstock has evolved over several decades through strategic divestitures and capital redeployments. Beginning in the mid-2010s, the company commenced a systematic pivot toward self-storage, selling non-core residential development and manufactured home assets. Today, Comstock owns and operates a network of facilities across Florida, Texas, Georgia, Alabama and select Western markets, with a property count that continues to grow through both ground-up development and third-party acquisitions.
Comstock’s operating platform combines hands-on property management with a proprietary online rental and customer service system, enabling tenants to reserve, access and pay for units digitally. Onsite teams handle day-to-day operations, including tenant relations, facility maintenance and marketing, while centralized support functions manage capital expenditures, asset optimization and financing strategies. This integrated approach aims to drive occupancy gains and maximize operating margins across the portfolio.
Headquartered in Sarasota, Florida, Comstock is governed by an experienced management team and board of directors with deep expertise in real estate investment, capital markets and property operations. Senior leadership brings decades of industry experience in REIT administration, asset management and financial structuring, guiding the company’s disciplined growth strategy as it seeks to expand its self-storage footprint in attractive secondary and tertiary markets.
