Greystone Housing Impact Investors Lp

Greystone Housing Impact Investors has sold its equity interest in the 288-unit Vantage at Loveland in Loveland, Colorado. The sale returned net proceeds of about $23.6 million, including repayment of remaining equity of $21.1 million and accrued preferred returns of $2.5 million. The company expects roughly $2.5 million of investment income for Q3 2026 and net income of about $0.11 per Beneficial Unit Certificate; proceeds are to be reinvested in mortgage revenue bonds and public credit investments. » Plus sur de.investing.com

Greystone Housing reported Q4 EPS of -$0.17 versus an expected $0.44 and revenue of $17.15 million versus a projected $24.35 million, resulting in a negative surprise. The stock fell 13.71% in after-hours trading to about $5.87, well below its 52-week high of $13.14. The company shows strong liquidity ($39.5 million cash, $49.2 million available credit lines) and is pursuing a strategic shift toward tax-exempt mortgage bonds, but faces risks from joint-venture losses, write-downs to book value and market volatility. » Plus sur de.investing.com

Greystone Housing Impact Investors has appointed Alfonso Costa Jr., effective January 15, 2026, to the Board of Managers of Greystone AF Manager LLC; he will serve as director of the partnership. Costa brings experience in residential and affordable housing, currently serving as COO of the Falcone Group and previously working at the U.S. Department of Housing and Urban Development. The company notes he is not considered independent due to an existing consulting relationship with an affiliated firm; Greystone focuses on mortgage revenue bonds for affordable housing. » Plus sur de.investing.com