Comstock Adds Blackstone Veteran to Board Amid D.C. Real Estate Expansion

Event summary

  • David Z. Hirsh, former Blackstone Managing Director, joins Comstock's Board of Directors.
  • Hirsh brings 30+ years of real estate experience across major U.S. markets.
  • He previously led real estate asset management at Citigroup and oversaw key portfolios at Blackstone.
  • Hirsh will serve until Comstock's 2027 Annual Meeting of Stockholders.
  • Comstock manages a portfolio of approximately 10 million square feet in the Washington, D.C. region.

The big picture

Comstock's appointment of David Hirsh signals a strategic move to bolster its governance and capital markets expertise amid the Washington, D.C. region's urban transformation. With a portfolio comprising 10 million square feet of mixed-use and transit-oriented properties, Comstock is positioning itself at the forefront of one of the nation’s most dynamic real estate markets. Hirsh's extensive background in commercial real estate and institutional investment could be pivotal as Comstock navigates the complexities of large-scale developments and public-private partnerships.

What we're watching

Strategic Direction
How Hirsh's institutional investment experience will shape Comstock's growth strategy in the D.C. market.
Portfolio Expansion
Whether Comstock can leverage Hirsh's expertise to accelerate its large-scale infrastructure developments.
Governance Dynamics
The impact of Hirsh's audit committee experience on Comstock's financial oversight and risk management.