Brief: Comstock Holding Companies sees Q1 homebuilding revenue $10 mln

Comstock Holding Companies

01/04/2015 13:30

April 1 (Reuters) - Comstock Holding Companies Inc  CHCI.O : 
 * Comstock holding companies reports 2014 results and provides preliminary 
   highlights for first quarter 2015 
 * Sees homebuilding revenue in Q1 of $10.0 million compared to about $7.8 
   million in the same period of 2014 
 * Sees Q1 unit deliveries of 21, compared to 19 unit deliveries in the same 
   period of 2014 
 * Comstock holding companies-backlog at year-end 2014 of 24 units valued at 
   $12.4 million, compared to 28 units valued at $12.3 million at year-end 2013 
 * Backlog at 3/31/2015 of 27 units valued at $14.3 million, all of which is 
   expected to be delivered in 2015 
 * Comstock holding companies -needs additional time to complete the accounting 
   associated with the company's most recent private offering 
 * Says needs to finalize the extension of certain project loans that matured on 
   March 25, 2015 
 
 * Source text for Eikon  ID:nBw2CTMW9a  
 * Further company coverage  CHCI.O  
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