Articles from Greystone Housing Impact Investors LP
Greystone Housing Impact Investors LP Announces Sale of Vantage at Tomball
OMAHA, Neb., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that on January 31, 2025, Vantage at Tomball, a 288-unit market rate multifamily property located in Tomball, TX, was sold at the direction of its managing member. The Partnership’s investment in Vantage at Tomball was originated in August 2020 and the Partnership contributed equity totaling $11.4 million. As a result of the sale, the Partnership’s equity investment in the property was redeemed. At closing of the sale, the Partnership received net cash of approximately $14.2 million, consisting of the return of its contributed equity and accrued preferred return. The Partnership estimates it will not recognize any gain, loss, or Cash Available for Distribution upon sale.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · February 4, 2025
Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution
OMAHA, Neb., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced that the Board of Managers of Greystone AF Manager LLC (“Greystone Manager”) declared a cash distribution to the Partnership’s Beneficial Unit Certificate (“BUC”) holders of $0.37 per BUC.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · December 16, 2024
Greystone Housing Impact Investors Reports Third Quarter 2024 Financial Results
OMAHA, Neb., Nov. 06, 2024 (GLOBE NEWSWIRE) -- On November 6, 2024, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced financial results for the three and nine months ended September 30, 2024.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · November 6, 2024
Greystone Housing Impact Investors LP Schedules Third Quarter 2024 Earnings Conference Call for Wednesday, November 6, 2024 at 4:30 p.m. Eastern Time
OMAHA, Neb., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that it will host a conference call for investors on Wednesday, November 6, 2024 at 4:30 p.m. Eastern Time to discuss the Partnership’s Third Quarter 2024 results.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · October 23, 2024
Greystone Housing Impact Investors LP and BlackRock Impact Opportunities form Joint Venture to Provide Financing for the Construction and/or Rehabilitation of Affordable Housing Across the US
OMAHA, Neb., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) today announced the formation of a joint venture (the “Joint Venture”) with BlackRock Impact Opportunities (“BIO”), to invest in loans which will finance the construction and/or rehabilitation of affordable multifamily housing properties across the US.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · October 17, 2024
Greystone Housing Impact Investors LP Announces Broker’s For Sale Listing of Vantage at Hutto
OMAHA, Neb., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that Vantage at Hutto, a 288-unit market rate multifamily property located in Hutto, TX (the “Property”), has been publicly listed for sale by Institutional Property Advisors Texas at the direction of the Property-owning entity’s managing member. The Partnership’s non-controlling investment in the Property was originated in November 2020 and the Partnership has contributed equity totaling $11.8 million during construction and stabilization. Construction of the Property was completed in December 2023. The Property reported 89% physical occupancy as of August 31, 2024. If the listing process is consistent with past Vantage property sales and a sale contract is successfully executed, then the Partnership expects the sale of the Property to occur in the first quarter of 2025. Current market volatility and potential future market developments may delay the expected timing of the sale and may negatively impact the final sales price for the Property.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · September 23, 2024
Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution
OMAHA, Neb., Sept. 16, 2024 (GLOBE NEWSWIRE) -- On September 16, 2024, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced that the Board of Managers of Greystone AF Manager LLC (“Greystone Manager”) declared a cash distribution to the Partnership’s Beneficial Unit Certificate (“BUC”) holders of $0.37 per BUC.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · September 16, 2024
Greystone Housing Impact Investors LP Announces Release of Schedule K-3
OMAHA, Neb., Aug. 28, 2024 (GLOBE NEWSWIRE) -- On August 28, 2024, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced that investor information on 2023 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedules K-3 at www.taxpackagesupport.com/greystone.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · August 28, 2024
Greystone Housing Impact Investors Reports Second Quarter 2024 Financial Results
OMAHA, Neb., Aug. 07, 2024 (GLOBE NEWSWIRE) -- On August 7, 2024, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced financial results for the three months ended June 30, 2024.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · August 7, 2024
Greystone Housing Impact Investors LP Schedules Second Quarter 2024 Earnings Conference Call for Wednesday, August 7, 2024 at 4:30 p.m. Eastern Time
OMAHA, Neb., July 24, 2024 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that it will host a conference call for investors on Wednesday, August 7, 2024 at 4:30 p.m. Eastern Time to discuss the Partnership’s Second Quarter 2024 results.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · July 24, 2024
Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution
OMAHA, Neb., June 12, 2024 (GLOBE NEWSWIRE) -- On June 12, 2024, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced that the Board of Managers of Greystone AF Manager LLC (“Greystone Manager”) declared a cash distribution to the Partnership’s Beneficial Unit Certificate (“BUC”) holders of $0.37 per BUC.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · June 12, 2024
Greystone Housing Impact Investors Reports First Quarter 2024 Financial Results
OMAHA, Neb., May 08, 2024 (GLOBE NEWSWIRE) -- On May 8, 2024, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced financial results for the three months ended March 31, 2024.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · May 8, 2024
Greystone Housing Impact Investors LP Schedules First Quarter 2024 Earnings Conference Call for Wednesday, May 8, 2024 at 4:30 p.m. Eastern Time
OMAHA, Neb., April 23, 2024 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that it will host a conference call for investors on Wednesday, May 8, 2024 at 4:30 p.m. Eastern Time to discuss the Partnership’s First Quarter 2024 results.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · April 23, 2024
Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution and Supplemental BUCs Distribution
OMAHA, Neb., March 13, 2024 (GLOBE NEWSWIRE) -- On March 13, 2024, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced that the Board of Managers of Greystone AF Manager LLC (“Greystone Manager”) declared a distribution to the Partnership’s Beneficial Unit Certificate (“BUC”) holders of $0.44 per BUC. The distribution consists of a regular quarterly cash distribution of $0.37 per BUC plus a supplemental distribution payable in the form of additional BUCs equal in value to $0.07 per BUC. The supplemental distribution will be paid at a ratio of 0.00417 BUCs for each issued and outstanding BUC as of the record date, which represents an amount per BUC based on the closing price of the BUCs on the New York Stock Exchange on March 12, 2024 of $16.79 per BUC. No fractional BUCs will be issued in connection with the supplemental BUCs distribution, as all fractional BUCs resulting from the distribution will receive cash for such fraction based on the market value of the BUCs on the record date. The Partnership expects to issue an aggregate of approximately 96,000 BUCs for the supplemental BUCs distribution.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · March 13, 2024
Greystone Housing Impact Investors LP Increases Line of Credit to $50 Million
OMAHA, Neb., March 06, 2024 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that on March 4, 2024, it closed on a $10 million increase in the maximum available commitment of its secured revolving Line of Credit facility (“LOC”) to up to $50 million. The additional $10 million commitment was provided by a new lender to the Partnership. BankUnited N.A. serves as sole arranger and administrative agent. The LOC is secured by the Partnership’s joint venture equity investments. An affiliate of the Partnership’s general partner provides a deficiency guaranty for the facility.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · March 6, 2024
Greystone Housing Impact Investors Files Form 10-K and Issues Investor Schedule K-1s
OMAHA, Neb., March 04, 2024 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP, a Delaware limited partnership, (NYSEGHI) (the “Partnership”) today announced that it has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on February 22, 2024. A copy of this Form 10-K is available on the Partnership's website at www.ghiinvestors.com/sec-filings/annual-reports. The Partnership’s unitholders may receive a hard copy of the Form 10-K free of charge upon request to the Partnership’s Investor Services department at (855) 428-2951.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · March 4, 2024
Greystone Housing Impact Investors Reports Fourth Quarter and Annual 2023 Financial Results
OMAHA, Neb., Feb. 22, 2024 (GLOBE NEWSWIRE) -- On February 22, 2024, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced financial results for the three months and year ended December 31, 2023.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · February 22, 2024
Greystone Housing Impact Investors LP Schedules Fourth Quarter 2023 Earnings Conference Call for Thursday, February 22, 2024 at 4:30 p.m. Eastern Time
OMAHA, Neb., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that it will host a conference call for investors on Thursday, February 22, 2024 at 4:30 p.m. Eastern Time to discuss the Partnership’s Fourth Quarter 2023 results.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · February 7, 2024
Greystone Housing Impact Investors LP Issues 500,000 Series B Preferred Units
OMAHA, Neb., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that on February 2, 2024 the Partnership executed a Subscription Agreement to issue 500,000 Series B Preferred Units representing limited partnership interests in the Partnership (the “Series B Preferred Units”) to an institutional investor, resulting in $5,000,000 in new aggregate proceeds to the Partnership. The stated value of the newly issued Series B Preferred Units is $5,000,000. The Series B Preferred Units were issued in accordance with the Partnership’s existing “shelf” registration statement on Form S-3 (Reg. No. 333-259207) for the issuance of up to 10,000,000 of Series B Preferred Units.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · February 6, 2024
Greystone Housing Impact Investors LP Issues 1,750,000 Series B Preferred Units
OMAHA, Neb., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that on January 19, 2024 the Partnership executed an Exchange Agreement to issue 1,750,000 Series B Preferred Units representing limited partnership interests in the Partnership (the “Series B Preferred Units”) to a financial institution in exchange for 1,750,000 previously outstanding Series A Preferred Units representing limited partnership interests in the Partnership (the “Series A Preferred Units”) held by such financial institution. There were no net proceeds or other cash consideration paid to or from the Partnership as a result of the exchange transaction. The stated value of the newly issued Series B Preferred Units is $17,500,000. The Series B Preferred Units were issued in accordance with the Partnership’s existing “shelf” registration statement on Form S-4 (Reg. No. 333-275170) for the exchange of up to 1,750,000 of previously issued Series A Preferred Units.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · January 22, 2024
Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution and Supplemental BUCs Distribution
OMAHA, Neb., Dec. 13, 2023 (GLOBE NEWSWIRE) -- On December 13, 2023, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced that the Board of Managers of Greystone AF Manager LLC (“Greystone Manager”) declared a distribution to the Partnership’s Beneficial Unit Certificate (“BUC”) holders of $0.44 per BUC. The distribution consists of a regular quarterly cash distribution of $0.37 per BUC plus a supplemental distribution payable in the form of additional BUCs equal in value to $0.07 per BUC. The supplemental distribution will be paid at a ratio of 0.00415 BUCs for each issued and outstanding BUC as of the record date, which represents an amount per BUC based on the closing price of the BUCs on the New York Stock Exchange on December 12, 2023 of $16.87 per BUC. No fractional BUCs will be issued in connection with the supplemental BUCs distribution, as all fractional BUCs resulting from the distribution will receive cash for such fraction based on the market value of the BUCs on the record date. The Partnership expects to issue an aggregate of approximately 95,000 BUCs for the supplemental BUCs distribution.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · December 13, 2023
Greystone Housing Impact Investors LP Announces Sale of Suites on Paseo
OMAHA, Neb., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that on December 6, 2023, it sold Suites on Paseo (also known as The Essential), a 384-bed student housing property in San Diego, CA, to an affiliate of San Diego State University. The gross sales price was approximately $40.7 million when including the contract purchase price and accelerated master lease payments. The Partnership originally acquired a tax-exempt mortgage revenue bond secured by Suites on Paseo in December 2013 and obtained outright ownership of the property via a deed in lieu of foreclosure in September 2015.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · December 11, 2023
Greystone Housing Impact Investors Reports Third Quarter 2023 Financial Results
OMAHA, Neb., Nov. 08, 2023 (GLOBE NEWSWIRE) -- On November 8, 2023, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced financial results for the three and nine months ended September 30, 2023.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · November 8, 2023
Greystone Housing Impact Investors LP Announces New Secured Financing Transaction
OMAHA, Neb., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that on November 1, 2023, it completed a new secured financing transaction (the “TEBS Residual Financing”) secured by its residual interests in three Tax Exempt Bond Securitization financings (“TEBS Financings”) with Freddie Mac. The securitization involved the sale of the TEBS Financings residual interests to the Wisconsin Public Finance Authority (the “Issuer”), which then issued and sold $61.5 million of senior Affordable Housing Multifamily Certificates Class B-1 Certificates (“Class B-1 Certificates”) to unaffiliated investors. The Partnership retained $20.5 million of residual Affordable Housing Multifamily Certificates Class B-2 Certificates that were also issued by the Issuer. The Partnership received net proceeds of approximately $60.4 million after payment of transaction-related costs, the majority of which was used to pay off other debt of the Partnership that has been previously secured by a pledge of the TEBS Financings residual interests.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · November 6, 2023
Greystone Housing Impact Investors LP Schedules Third Quarter 2023 Earnings Conference Call for Wednesday, November 8, 2023 at 4:30 p.m. Eastern Time
OMAHA, Neb., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that it will host a conference call for investors on Wednesday, November 8, 2023 at 4:30 p.m. Eastern Time to discuss the Partnership’s Third Quarter 2023 results.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · October 24, 2023
Greystone Housing Impact Investors LP Announces Broker’s For Sale Listing of Vantage at Tomball
OMAHA, Neb., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that on October 5, 2023, Vantage at Tomball, a 288-unit market rate multifamily property located in Tomball, TX (the “Property”), was publicly listed for sale by Institutional Property Advisors Texas at the direction of the Property-owning entity’s managing member. The Partnership’s non-controlling investment in the Property was originated in August 2020 and the Partnership contributed equity totaling $10.4 million during its construction. Construction of the Property was completed in April 2022. As disclosed in the Partnership’s previous filings and earnings announcements, the Property reached 90% physical occupancy in the second quarter of 2023 and has maintained physical occupancy near 90% since that date. If the listing process is consistent with past Vantage property sales and a sale contract is successfully executed, then the Partnership expects the sale of the Property to occur in the first quarter of 2024. Current market volatility and potential future market developments may delay the expected timing of the sale and may negatively impact the final sales price for the Property.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · October 5, 2023
Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution and Supplemental BUCs Distribution
OMAHA, Neb., Sept. 13, 2023 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced that the Board of Managers of Greystone AF Manager LLC (“Greystone Manager”) declared a distribution to the Partnership’s Beneficial Unit Certificate (“BUC”) holders of $0.44 per BUC. The distribution consists of a regular quarterly cash distribution of $0.37 per BUC plus a supplemental distribution payable in the form of additional BUCs equal in value to $0.07 per BUC. The supplemental distribution will be paid at a ratio of 0.00418 BUCs for each issued and outstanding BUC as of the record date, which represents an amount per BUC based on the closing price of the BUCs on the New York Stock Exchange on September 12, 2023 of $16.73 per BUC. No fractional BUCs will be issued in connection with the supplemental BUCs distribution, as all fractional BUCs resulting from the distribution will receive cash for such fraction based on the market value of the BUCs on the record date. The Partnership expects to issue an aggregate of approximately 95,000 BUCs for the supplemental BUCs distribution.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · September 13, 2023
Greystone Housing Impact Investors LP Announces Release of Schedule K-3
OMAHA, Neb., Aug. 09, 2023 (GLOBE NEWSWIRE) -- On August 9, 2023, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced that investor information on 2022 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedules K-3 at www.taxpackagesupport.com/greystone.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · August 9, 2023
Greystone Housing Impact Investors Reports Second Quarter 2023 Financial Results
OMAHA, Neb., Aug. 03, 2023 (GLOBE NEWSWIRE) -- On August 3, 2023, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced financial results for the three and six months ended June 30, 2023.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · August 3, 2023
Robert K. Jacobsen to Join Greystone AF Manager LLC Board of Managers
OMAHA, Neb., July 27, 2023 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) today announced that Robert K. Jacobsen has been appointed to the Board of Managers of Greystone AF Manager LLC, the general partner of the general partner of the Partnership (“Greystone Manager”), effective August 1, 2023. In this regard, Mr. Jacobsen will act in the capacity as a director of the Partnership. The Greystone Manager Board has affirmatively determined that Mr. Jacobsen meets the independence standards established by the New York Stock Exchange listing rules and the rules of the SEC. With Mr. Jacobsen’s addition to the Board of Managers of Greystone Manager, a majority of the members of the Board now meet the independence standards.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · July 27, 2023
Greystone Housing Impact Investors LP Schedules Second Quarter 2023 Earnings Conference Call for Thursday, August 3, 2023 at 4:30 p.m. Eastern Time
OMAHA, Neb., July 19, 2023 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that it will host a conference call for investors on Thursday, August 3, 2023 at 4:30 p.m. Eastern Time to discuss the Partnership’s Second Quarter 2023 results.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · July 19, 2023
Greystone Housing Impact Investors LP Announces Sale of Vantage at Conroe
OMAHA, Neb., June 28, 2023 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that on June 22, 2023, Vantage at Conroe, a 288-unit market rate multifamily property located in Conroe, TX, was sold at the direction of its managing member. The Partnership’s investment in Vantage at Conroe was originated in April 2019 and the Partnership contributed equity totaling $9.0 million during construction. As a result of the sale, the Partnership’s equity investment in the property was redeemed. At closing of the sale, the Partnership received net cash of approximately $19.8 million, inclusive of the return of its contributed equity. The Partnership estimates it will recognize the following in the second quarter of 2023:
By Greystone Housing Impact Investors LP · Via GlobeNewswire · June 28, 2023
Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution and Supplemental BUCs Distribution
OMAHA, Neb., June 14, 2023 (GLOBE NEWSWIRE) -- On June 14, 2023, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced that the Board of Managers of Greystone AF Manager LLC (“Greystone Manager”) declared a distribution to the Partnership’s Beneficial Unit Certificate (“BUC”) holders of $0.44 per BUC. The distribution consists of a regular quarterly cash distribution of $0.37 per BUC plus a supplemental distribution payable in the form of additional BUCs equal in value to $0.07 per BUC. The supplemental distribution will be paid at a ratio of 0.00448 BUCs for each issued and outstanding BUC as of the record date, which represents an amount per BUC based on the closing price of the BUCs on the New York Stock Exchange on June 13, 2023 of $15.62 per BUC. No fractional BUCs will be issued in connection with the supplemental BUCs distribution, as all fractional BUCs resulting from the distribution will receive cash for such fraction based on the market value of the BUCs on the record date. The Partnership expects to issue an aggregate of approximately 102,000 BUCs for the supplemental BUCs distribution.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · June 14, 2023
Greystone Housing Impact Investors LP Issues 1,000,000 Series A-1 Preferred Units
OMAHA, Neb., June 05, 2023 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (“the Partnership”) announced today that on June 2, 2023 the Partnership executed a Subscription Agreement to issue 1,000,000 Series A-1 Preferred Units representing limited partnership interests in the Partnership (the “Series A-1 Preferred Units”) to a financial institution, resulting in $10,000,000 in new aggregate proceeds to the Partnership. The stated value of the newly issued Series A-1 Preferred Units is $10,000,000. The Series A-1 Preferred Units were issued in accordance with the Partnership’s existing “shelf” registration statement on Form S-3 (Reg. No. 333-259203) for the issuance of up to 3,500,000 of Series A-1 Preferred Units.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · June 5, 2023
Greystone Housing Impact Investors Reports First Quarter 2023 Financial Results
OMAHA, Neb., May 04, 2023 (GLOBE NEWSWIRE) -- On May 4, 2023, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced financial results for the three months ended March 31, 2023.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · May 4, 2023
Greystone Housing Impact Investors LP Schedules First Quarter 2023 Earnings Conference Call for Thursday, May 4, 2023 at 4:30 p.m. Eastern Time
OMAHA, Neb., April 19, 2023 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that it will host a conference call for investors on Thursday, May 4, 2023 at 4:30 p.m. Eastern Time to discuss the Partnership’s First Quarter 2023 results.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · April 19, 2023
Greystone Housing Impact Investors LP Announces Quarterly Distribution
OMAHA, Neb., March 15, 2023 (GLOBE NEWSWIRE) -- On March 15, 2023, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced that the Board of Managers of Greystone AF Manager LLC (“Greystone Manager”) declared a cash distribution to the holders of the Partnership’s beneficial unit certificates representing assigned limited partnership interests (“BUCs”) of $0.37 per BUC. The distribution is payable on April 28, 2023 to BUC holders of record as of the close of trading on March 31, 2023. The BUCs will trade ex-distribution as of March 30, 2023.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · March 15, 2023
Greystone Housing Impact Investors LP Announces Broker’s For Sale Listing of Vantage at Conroe
OMAHA, Neb., March 06, 2023 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that on March 1, 2023, Vantage at Conroe, a 288-unit market rate multifamily property located in Conroe, TX (the “Property”), was publicly listed for sale by Institutional Property Advisors Texas at the direction of the Property-owning entity’s managing member. The Partnership’s non-controlling investment in the Property was originated in April 2019 and the Partnership contributed equity totaling $9.0 million during its construction. Construction of the Property was completed in January 2021. As disclosed in the Partnership’s previous filings and earnings announcements, the Property reached 90% physical occupancy in the second quarter of 2022 and has maintained physical occupancy near 90% since that date. Based on prior Vantage property sale timelines, the sale of the Property is expected to occur in the second or third quarter of 2023.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · March 6, 2023
Greystone Housing Impact Investors Reports Fourth Quarter and Annual 2022 Financial Results
OMAHA, Neb., Feb. 23, 2023 (GLOBE NEWSWIRE) -- On February 23, 2023, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced financial results for the three and twelve months ended December 31, 2022.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · February 23, 2023
Greystone Housing Impact Investors LP Issues 1,500,000 Series A-1 Preferred Units
OMAHA, Neb., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that on February 15, 2023 the Partnership executed an Exchange Agreement to issue 700,000 Series A-1 Preferred Units representing limited partnership interests in the Partnership (the “Series A-1 Preferred Units”) to a financial institution in exchange for 700,000 previously outstanding Series A Preferred Units representing limited partnership interests in the Partnership (the “Series A Preferred Units”) held by the financial institution. There were no net proceeds or other cash consideration paid to or from the Partnership as a result of the exchange transaction. The stated value of the newly issued Series A-1 Preferred Units is $7,000,000. The Series A-1 Preferred Units were issued in accordance with the Partnership’s existing “shelf” registration statement on Form S-4 (Reg. No. 333-255475) for the exchange of up to 9,450,000 of previously issued Series A Preferred Units.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · February 16, 2023
Greystone Housing Impact Investors LP Schedules Fourth Quarter 2022 Earnings Conference Call for Thursday, February 23, 2023 at 4:30 p.m. Eastern Time
OMAHA, Neb., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that it will host a conference call for investors on Thursday, February 23, 2023 at 4:30 p.m. Eastern Time to discuss the Partnership’s Fourth Quarter 2022 results.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · February 9, 2023
Greystone Housing Impact Investors LP Announces Closing of $118 Million in New Mortgage Revenue Bond Investments
OMAHA, Neb., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced that during December 2022 and January 2023, it originated and closed mortgage revenue bond (“MRB”) investments secured by four affordable housing properties acquired by two separate mission-driven non-profit organizations totaling approximately $118 million. The MRB proceeds will be used by the non-profit borrowers to acquire and rehabilitate the properties to provide additional affordable multifamily units to the local markets. The MRB investments consisted of:
By Greystone Housing Impact Investors LP · Via GlobeNewswire · January 26, 2023
Greystone Housing Impact Investors LP Announces Sales of Vantage at Stone Creek and Vantage at Coventry
OMAHA, Neb., Jan. 10, 2023 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced today that on January 5, 2023, Vantage at Stone Creek and Vantage at Coventry, each being a 294-unit market rate multifamily property located in Omaha, NE, were sold at the direction of the respective managing members. The Partnership’s investment in Vantage at Stone Creek was originated in March 2018 and the Partnership contributed equity totaling $7.1 million during construction. The Partnership’s investment in Vantage at Coventry was originated in September 2018 and the Partnership contributed equity totaling $8.1 million during construction. As a result of the sales, the Partnership’s equity investment in each property was redeemed. At closing of the sales, the Partnership received net cash of approximately $27.7 million, inclusive of the return of its contributed equity. The Partnership estimates it will recognize the following in the first quarter of 2023:
By Greystone Housing Impact Investors LP · Via GlobeNewswire · January 10, 2023
Greystone Housing Impact Investors LP Announces Regular Quarterly Distribution and Supplemental Distributions
OMAHA, Neb., Dec. 19, 2022 (GLOBE NEWSWIRE) -- On December 19, 2022, Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”) announced that the Board of Managers of Greystone AF Manager LLC (“Greystone Manager”) declared a distribution to the Partnership’s Beneficial Unit Certificate (“BUC”) holders of $0.67 per BUC. The distribution consists of a regular quarterly cash distribution of $0.37 per BUC, a supplemental cash distribution of $0.10 per BUC, and a supplemental distribution payable in the form of additional BUCs equal in value to $0.20 per BUC. The supplemental distribution of additional BUCs will be paid at a ratio of 0.0105 BUCs for each issued and outstanding BUC as of the record date, which represents an amount per BUC based on the closing price of the BUCs on the New York Stock Exchange on December 16, 2022 of $19.05 per BUC. No fractional BUCs will be issued in connection with the supplemental BUCs distribution, as all fractional BUCs resulting from the distribution will receive cash for such fraction based on the market value of the BUCs on the record date. The Partnership expects to issue an aggregate of approximately 235,000 BUCs for the supplemental BUCs distribution.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · December 19, 2022
Greystone Housing Impact Investors LP Rings Opening Bell at New York Stock Exchange to Commemorate New Name and Listing
NEW YORK, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (the “Partnership”) (NYSEGHI), which recently changed its name from America First Multifamily Investors, L.P., commemorated the initial trading of its beneficial unit certificates representing assigned limited partnership interests (“BUCs”) on December 5, 2022 on the New York Stock Exchange (“NYSE”) by ringing the opening bell on the floor of the NYSE Monday, December 12, 2022.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · December 12, 2022
America First Multifamily Investors, L.P. Announces Name Change to Greystone Housing Impact Investors LP and Listing on the New York Stock Exchange
OMAHA, Neb., Dec. 05, 2022 (GLOBE NEWSWIRE) -- America First Multifamily Investors, L.P. announced that, effective 12:01 a.m. Eastern Time on December 5, 2022, it has changed its legal name to Greystone Housing Impact Investors LP (NYSEGHI) (the “Partnership”). In addition, the Partnership also announced the commencement of trading of its beneficial unit certificates representing assigned limited partnership interests (“BUCs”) on the New York Stock Exchange (“NYSE”) as of the opening of markets on December 5, 2022 under the ticker symbol “GHI”.
By Greystone Housing Impact Investors LP · Via GlobeNewswire · December 5, 2022