Welcome to our dedicated page for Greystone Housing Impact Investors news (Ticker: GHI), a resource for investors and traders seeking the latest updates and insights on Greystone Housing Impact Investors stock.
Greystone Housing Impact Investors LP (GHI) specializes in financing affordable housing through mortgage revenue bonds (MRBs) and strategic real estate investments. This page serves as the definitive source for verified news and press releases about the company's activities in multifamily housing, seniors facilities, and commercial property financing.
Investors and researchers will find timely updates on GHI's bond acquisitions, earnings reports, and partnership developments. Our curated collection includes announcements about affordable housing projects, portfolio expansions, and financial performance – all essential for understanding the company's market position.
The news archive focuses on four key areas: MRB investment updates, multifamily property acquisitions, seniors housing initiatives, and joint venture developments. Each category reflects GHI's commitment to structured real estate financing and risk-managed growth strategies.
Bookmark this page for direct access to original press materials and analysis-ready updates. Check regularly for new information about GHI's role in shaping affordable housing markets through innovative bond financing solutions.
Greystone Housing Impact Investors LP (NYSE: GHI) has announced a conference call on May 4, 2023, at 4:30 p.m. ET to discuss the Partnership's First Quarter 2023 results. Dial-in details include toll-free access at (877) 407-8813 for U.S. callers and +1 (201) 689-8521 for international participants. The call will also be available via a live webcast on the Partnership's website. A recorded replay will be hosted on their Investor Relations page. Greystone Housing focuses on acquiring and managing mortgage revenue bonds for financing affordable housing. The Partnership targets growth through leveraging its investments and entering into interest rate risk management strategies. Forward-looking statements highlight various risks, including interest rate fluctuations and market conditions, which could affect future performance.
On March 15, 2023, Greystone Housing Impact Investors LP (NYSE: GHI) declared a cash distribution of $0.37 per beneficial unit certificate (BUC), payable on April 28, 2023. The record date is March 31, 2023, with ex-distribution trading commencing on March 30, 2023. Greystone Manager assesses distributions based on the Partnership's current and projected operating results, emphasizing long-term benefits for BUC holders. The Partnership focuses on acquiring mortgage revenue bonds for multifamily, senior, and student housing, aiming for tax-exempt interest income. For more information, visit www.ghiinvestors.com.
Greystone Housing Impact Investors LP (NYSE: GHI) announced that Vantage at Conroe, a 288-unit multifamily property in Conroe, TX, was listed for sale on March 1, 2023. The Partnership invested $9.0 million during the property's construction, which completed in January 2021. The property has maintained nearly 90% occupancy since Q2 2022. The sale is anticipated in Q2 or Q3 2023, with net proceeds expected for the Partnership upon successful completion, per the operating agreement. Greystone aims to expand its portfolio of mortgage revenue bonds and enhance investment growth, benefiting from tax-exempt earnings.
On February 23, 2023, Greystone Housing Impact Investors LP (NYSE: GHI) released its financial results for Q4 and the full year ending December 31, 2022. Key highlights include a net income of $0.09 per Beneficial Unit Certificate (BUC) for Q4 and $2.62 per BUC for the year, with Cash Available for Distribution (CAD) of $0.15 and $2.37 per BUC, respectively. Total assets stand at $1.57 billion. The Partnership announced a distribution of $0.67 per BUC, the highest level in 20 years. Recent investment activities include a total of $88.4 million in MRB commitments and multiple joint venture equity investments, indicating strong positioning for future growth.
Greystone Housing Impact Investors LP (NYSE: GHI) announced on February 15, 2023, the execution of an Exchange Agreement for 700,000 Series A-1 Preferred Units, valued at $7 million, in exchange for Series A Preferred Units held by a financial institution. Additionally, the Partnership issued 800,000 new Series A-1 Preferred Units, raising $8 million in new capital. These transactions provide the Partnership with $8 million in low-cost capital and allow it to retain $7 million of its original issuance. So far, $37 million of Series A Preferred Units have been exchanged. CEO Kenneth C. Rogozinski expressed optimism about these investments benefiting unitholders.
Greystone Housing Impact Investors LP (NYSE: GHI) announced a conference call on February 23, 2023, at 4:30 p.m. ET to discuss its Fourth Quarter 2022 results. Interested participants can join by dialing toll-free (877) 407-8813 or internationally at +1 (201) 689-8521. The call will also be available live via webcast on the Partnership's website. A recorded replay will be accessible afterward. Greystone Housing focuses on acquiring mortgage revenue bonds for affordable housing financing and aims to grow its investment portfolio strategically.
Greystone Housing Impact Investors LP (NYSE: GHI) recently announced the closure of $118 million in mortgage revenue bond (MRB) investments during December 2022 and January 2023. These investments are secured by four affordable housing properties acquired by two mission-driven non-profits. The funding will help rehabilitate these properties to increase affordable multifamily units. Notably, the MRB investments have a fixed interest rate of 6.5% and a seven-year term. These investments were facilitated through Greystone's strong relationships within the industry, emphasizing its commitment to community impact.
On January 5, 2023, Greystone Housing Impact Investors LP (NYSE: GHI) announced the sale of two 294-unit multifamily properties, Vantage at Stone Creek and Vantage at Coventry, located in Omaha, NE. These sales totaled approximately $27.7 million in cash, returning equity invested during construction. The Partnership anticipates recognizing gains of about $15.2 million and net income of approximately $0.51 per Beneficial Unit Certificate (BUC) in Q1 2023. The CEO praised the development partner’s ability to generate significant gains and mentioned ongoing evaluations for further investment opportunities.
On December 19, 2022, Greystone Housing Impact Investors LP (NYSE: GHI) announced a distribution of $0.67 per Beneficial Unit Certificate (BUC) to its holders. This includes a quarterly cash distribution of $0.37, a supplemental cash distribution of $0.10, and a distribution of additional BUCs valued at $0.20. The distributions will be paid on January 31, 2023, to BUC holders of record by December 30, 2022. The board emphasizes its commitment to distributing earnings while retaining capital for future investments, reflecting a total distribution of approximately $2.14 per BUC for 2022.
Greystone Housing Impact Investors LP (NYSE: GHI), formerly America First Multifamily Investors, celebrated its first trading of beneficial unit certificates on December 5, 2022, by ringing the NYSE opening bell on December 12, 2022. The Partnership focuses on mortgage revenue bonds and loans for affordable housing projects. Ken Rogozinski, CEO, highlighted the significance of this event, emphasizing Greystone's role in addressing the affordable housing crisis. Greystone stands as a leader in HUD-insured loans and affordable housing financing, aiming for continued growth in this sector.
