Key Takeaways
- • Comstock Holdings (Nasdaq: CHCI) appoints David Z. Hirsh, former Managing Director at Blackstone, to its Board of Directors effective June 18, 2026, with an initial term through the 2027 Annual Meeting of Stockholders.
- • Hirsh brings 30+ years of real estate investment experience across major U.S. markets and 16 years at Blackstone's Real Estate Asset Management Group, where he oversaw Equity Office Properties, IndCor Industrial Properties, and the LXR Hotels and Resorts portfolio.
- • Prior to Blackstone, Hirsh spent approximately 15 years at Citigroup in real estate asset management and corporate finance roles, including leadership of the hotel group and specialization in corporate real estate and project lending.
- • Hirsh currently serves as independent director and Chair of the Audit Committee at Seaport Entertainment Group Inc. (NYSE: SEG) and previously held board positions at SILVERspac Inc. (Nasdaq: SLVR) from 2021 to 2023.
- • The appointment strengthens Comstock's board expertise in real estate operations and asset management as the company continues to develop mixed-use, transit-oriented properties and infrastructure projects in the Washington, D.C. region.
Summary
Comstock Holding Companies, Inc. has appointed David Z. Hirsh to its Board of Directors, effective June 18, 2026. Hirsh will serve an initial term expiring at Comstock's 2027 Annual Meeting of Stockholders. The appointment represents a significant addition of institutional real estate expertise to the board of the Nasdaq-listed asset manager, developer, and operator of mixed-use, transit-oriented properties and infrastructure developments in the Washington, D.C. region.
Hirsh is a seasoned real estate investor with more than 30 years of experience across all major real estate product types in most major U.S. markets. His most recent prominent role was as Managing Director at Blackstone Inc., where he spent approximately 16 years in the Real Estate Asset Management Group until his retirement in January 2018. During his tenure at Blackstone, Hirsh held day-to-day oversight and strategic management responsibilities for several significant portfolios, including Equity Office Properties, IndCor Industrial Properties, and the LXR Hotels and Resorts portfolio, as well as investments in retail and senior housing sectors.
Before joining Blackstone, Hirsh accumulated approximately 15 years of experience at Citigroup Inc. His career at Citigroup encompassed six years in real estate asset management, where he led the hotel group, and five years in corporate finance specializing in corporate real estate and project lending. This dual expertise in asset management and corporate finance positions him to provide strategic counsel on capital allocation, portfolio management, and development financing—key competencies relevant to Comstock's business model.
Hirsh's current board involvement reflects his continued engagement with institutional-scale real estate and hospitality businesses. He currently serves as an independent director and Chair of the Audit Committee at Seaport Entertainment Group Inc. (NYSE: SEG), a position he has held since August 2024. He previously served on the board of SILVERspac Inc. (Nasdaq: SLVR) from 2021 to 2023, demonstrating active participation in public company governance and capital markets activities.
The appointment underscores Comstock's strategy to enhance board-level expertise in large-scale real estate operations, portfolio management, and asset optimization. Hirsh's background managing multi-billion-dollar real estate portfolios at Blackstone and his experience in project finance and corporate real estate at Citigroup align with the technical and strategic demands of Comstock's mixed-use development and infrastructure platform in one of the nation's highest-value real estate markets.
Hirsh is a seasoned real estate investor with more than 30 years of experience across all major real estate product types in most major U.S. markets. His most recent prominent role was as Managing Director at Blackstone Inc., where he spent approximately 16 years in the Real Estate Asset Management Group until his retirement in January 2018. During his tenure at Blackstone, Hirsh held day-to-day oversight and strategic management responsibilities for several significant portfolios, including Equity Office Properties, IndCor Industrial Properties, and the LXR Hotels and Resorts portfolio, as well as investments in retail and senior housing sectors.
Before joining Blackstone, Hirsh accumulated approximately 15 years of experience at Citigroup Inc. His career at Citigroup encompassed six years in real estate asset management, where he led the hotel group, and five years in corporate finance specializing in corporate real estate and project lending. This dual expertise in asset management and corporate finance positions him to provide strategic counsel on capital allocation, portfolio management, and development financing—key competencies relevant to Comstock's business model.
Hirsh's current board involvement reflects his continued engagement with institutional-scale real estate and hospitality businesses. He currently serves as an independent director and Chair of the Audit Committee at Seaport Entertainment Group Inc. (NYSE: SEG), a position he has held since August 2024. He previously served on the board of SILVERspac Inc. (Nasdaq: SLVR) from 2021 to 2023, demonstrating active participation in public company governance and capital markets activities.
The appointment underscores Comstock's strategy to enhance board-level expertise in large-scale real estate operations, portfolio management, and asset optimization. Hirsh's background managing multi-billion-dollar real estate portfolios at Blackstone and his experience in project finance and corporate real estate at Citigroup align with the technical and strategic demands of Comstock's mixed-use development and infrastructure platform in one of the nation's highest-value real estate markets.
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