Brief: Comstock Holding To Transition Business Strategy To Real Estate Services

Comstock Holding Companies

02/04/2018 17:26

April 2 (Reuters) - Comstock Holding Companies Inc  CHCI.O :
    * COMSTOCK HOLDING ANNOUNCES MAJOR SHIFT OF BUSINESS FOCUS
    * COMSTOCK HOLDING - WILL BE TRANSITIONING BUSINESS STRATEGY
FROM
FOR-SALE HOMEBUILDING TO COMMERCIAL DEVELOPMENT, ASSET
MANAGEMENT, REAL ESTATE SERVICES
    * COMSTOCK HOLDING COMPANIES INC SAYS TRANSITION OF BUSINESS
STRATEGY WILL RESULT IN A "SUBSTANTIAL REDUCTION IN SHORT-TERM
AND LONG-TERM DEBT"

Source text for Eikon:  ID:nGNX9BqhRf 
Further company coverage:  CHCI.O 

 ((Reuters.Briefs@thomsonreuters.com;))