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Greystone Housing Impact Investors LP Beneficial Unit Certificates representing assignments of limited partnership interests - GHI STOCK NEWS

Welcome to our dedicated page for Greystone Housing Impact Investors LP Beneficial Unit Certificates representing assignments of partnership interests news (Ticker: GHI), a resource for investors and traders seeking the latest updates and insights on Greystone Housing Impact Investors LP Beneficial Unit Certificates representing assignments of partnership interests stock.

Greystone Housing Impact Investors LP (NYSE: GHI) specializes in acquiring a portfolio of mortgage revenue bonds (MRBs). These bonds are issued by state and local housing authorities to finance construction and permanent projects for affordable multifamily housing, seniors housing, and commercial properties. With four main segments—Affordable Multifamily MRB Investments, Seniors and Skilled Nursing MRB Investments, MF Properties, and Market-Rate Joint Venture Investments—the company focuses on generating revenue primarily from the Affordable Multifamily MRB Investments segment.

Established in 1998 and headquartered in Omaha, Nebraska, Greystone Housing Impact Investors LP has grown to own 76 MRBs as of December 31, 2019. These bonds support 66 residential properties totaling 10,871 rental units across 13 states in the U.S. The general partner of the company is America First Capital Associates Limited Partnership Two.

The company recently announced its financial results for the three and nine months ended September 30, 2023, emphasizing its commitment to transparency and investor relations. Greystone Housing Impact Investors LP is proactive in engaging with its investors through webcasts and conference calls, providing timely updates on financial performance and strategies.

Recent developments include the increase in line-of-credit commitments from new lenders, showcasing the company's financial health and ability to secure additional credit. Investors are encouraged to participate in upcoming conference calls and webcasts to stay informed about the latest financial results and strategic plans.

For further information, you can visit the company's Investor Relations website. Greystone Housing Impact Investors LP remains a significant player in the affordable housing finance sector, continually striving to meet the evolving needs of communities and investors alike.

Rhea-AI Summary
NYSE: GHI - Greystone Housing Impact Investors LP Announces Strong Financial Results and New Secured Financing Transaction, Plans Additional Supplemental Distributions. The partnership reported net income of $0.39 per BUC and CAD of $0.25 per BUC for the three months ended September 30, 2023. For the nine months ended September 30, 2023, net income was $1.84 per BUC and CAD was $1.67 per BUC. The Board declared a quarterly distribution of $0.44 per BUC, consisting of a regular quarterly cash distribution of $0.37 per BUC and a supplemental distribution payable in the form of additional BUCs equal in value to $0.07 per BUC. The Partnership also completed a new secured financing transaction, receiving net proceeds of approximately $60.4 million after payment of transaction-related costs.
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Greystone Housing Impact Investors LP (NYSE: GHI) has completed a new secured financing transaction, generating net proceeds of approximately $60.4 million. The financing involved the sale of residual interests in three Tax Exempt Bond Securitization financings to the Wisconsin Public Finance Authority. The Partnership retained $20.5 million of residual Affordable Housing Multifamily Certificates. The new debt financing provides non-recourse, non-mark-to-market financing and offers interest cost savings of approximately 3.9% per annum compared to the previous variable-rate debt financing program.
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Greystone Housing Impact Investors LP (NYSE: GHI) will host a conference call on November 8, 2023, to discuss Third Quarter 2023 results.
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Greystone Housing Impact Investors LP announces the listing of Vantage at Tomball for sale.
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Greystone Housing Impact Investors LP (GHI) declares a distribution to BUC holders of $0.44 per BUC, consisting of a regular cash distribution of $0.37 per BUC and a supplemental distribution of additional BUCs valued at $0.07 per BUC. The Partnership expects to issue approximately 95,000 BUCs for the supplemental distribution. Cash and supplemental distributions will be paid on October 31, 2023. The Board intends to declare additional supplemental distributions of $0.07 per BUC in Q4 2023 and Q1 2024 based on strong operating results for the full fiscal year.
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FAQ

What is the current stock price of Greystone Housing Impact Investors LP Beneficial Unit Certificates representing assignments of partnership interests (GHI)?

The current stock price of Greystone Housing Impact Investors LP Beneficial Unit Certificates representing assignments of partnership interests (GHI) is $10.89 as of December 20, 2024.

What is the market cap of Greystone Housing Impact Investors LP Beneficial Unit Certificates representing assignments of partnership interests (GHI)?

The market cap of Greystone Housing Impact Investors LP Beneficial Unit Certificates representing assignments of partnership interests (GHI) is approximately 253.4M.

What does Greystone Housing Impact Investors LP do?

Greystone Housing Impact Investors LP acquires mortgage revenue bonds issued by housing authorities to finance affordable multifamily housing, seniors housing, and commercial properties.

What are the primary segments of Greystone Housing Impact Investors LP?

The primary segments are Affordable Multifamily MRB Investments, Seniors and Skilled Nursing MRB Investments, MF Properties, and Market-Rate Joint Venture Investments.

Where is Greystone Housing Impact Investors LP headquartered?

The company is headquartered in Omaha, Nebraska.

When was Greystone Housing Impact Investors LP founded?

The company was founded in 1998.

How many mortgage revenue bonds does the company own?

As of December 31, 2019, the company owned 76 mortgage revenue bonds.

How many rental units are supported by the company's MRBs?

The company's MRBs support a total of 10,871 rental units across 13 states.

Who serves as the general partner of Greystone Housing Impact Investors LP?

America First Capital Associates Limited Partnership Two serves as the general partner.

What recent financial updates has the company provided?

The company announced financial results for the three and nine months ended September 30, 2023, and discussed these results in a webcast.

How does the company engage with its investors?

The company engages with its investors through webcasts, conference calls, and updates on its Investor Relations website.

What recent developments have enhanced the company's financial health?

The company increased its line-of-credit commitment from new lenders, demonstrating its ability to secure additional credit.

Greystone Housing Impact Investors LP Beneficial Unit Certificates representing assignments of limited partnership interests

NYSE:GHI

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253.38M
22.96M
1.41%
9.21%
0.15%
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