Greystone Housing Impact Investors Stock Price, News & Analysis

Greystone Housing Impact Investors LP (NYSE: GHI) has scheduled its Second Quarter 2025 earnings conference call for Thursday, August 7, 2025 at 4:30 p.m. Eastern Time. Investors can participate through multiple channels:

• Toll-free dial-in: (877) 407-8813
• International dial-in: +1 (201) 689-8521
• Live webcast available on the company's website under "Events & Presentations"

Participants are encouraged to join 15 minutes before the call begins. A replay will be available on GHI's Investor Relations website.

Greystone Housing Impact Investors LP (NYSE: GHI) has secured an expanded $80 million revolving line of credit through a new Credit Agreement with five financial institutions, replacing its previous $50 million facility from August 2021. The Acquisition LOC represents a $30 million increase in borrowing capacity.

Key terms include interest rates at Term SOFR plus 2.50% with a 2.60% floor, maturity in June 2027 with potential extension to June 2029. The facility will provide temporary financing for investment purchases, to be repaid through Tender Option Bond financing or similar securitizations.

Greystone Housing Impact Investors LP (NYSE: GHI) has successfully amended its $50 million secured revolving Line of Credit facility. The amendment extends the maturity date to June 2027 with two additional one-year extension options. Key changes include an increase in the maximum allowable seniors housing joint venture equity investments to 30% of eligible encumbered assets and expanded limits on Partnership's guaranties for joint venture equity investment debt. The LOC, secured by Partnership's joint venture equity investments, is arranged by BankUnited, N.A. An affiliate of the Partnership's general partner provides a no-fee deficiency guaranty. CEO Kenneth C. Rogozinski highlighted that this amendment enhances operational flexibility and provides valuable liquidity for additional joint venture equity investments in seniors housing.

Greystone Housing Impact Investors LP (NYSE: GHI) has declared a quarterly cash distribution of $0.30 per BUC, payable on July 31, 2025, to holders of record as of June 30, 2025. CEO Ken Rogozinski announced a reduction in the quarterly distribution, citing high interest rates and increased capitalization rates affecting property sales, particularly in Texas markets. The distribution represents a 9.5% annualized yield based on March 31, 2025 net book value. Additionally, the Partnership announced that Vantage at Fair Oaks, a 288-unit market rate multifamily property in Boerne, TX, has been listed for sale through Institutional Property Advisors Texas. The Partnership holds a non-controlling investment in the property, having contributed $12.0 million since September 2021. The property's construction was completed in May 2023.

Greystone Housing Impact Investors LP (NYSE: GHI) has announced the availability of investor information for 2024 Schedule K-3, which contains items of international tax relevance. The information can be accessed online at www.taxpackagesupport.com/greystone. This document is primarily relevant for foreign unitholders, those computing foreign tax credits, and certain corporate/partnership unitholders. Investors who need an electronic copy of their Schedule K-3 can request it by calling Tax Package Support at (833) 608-3512. The Partnership recommends that affected unitholders review the information and consult with tax advisors as needed.

Greystone Housing Impact Investors LP (NYSE: GHI) reported its Q1 2025 financial results with net income of $0.11 per BUC and Cash Available for Distribution (CAD) of $0.31 per BUC. The company declared a quarterly distribution of $0.37 per BUC, paid on April 30, 2025. Total assets reached $1.54 billion, with MRB and GIL investments totaling $1.18 billion. The company issued $20 million Series B Preferred Units at 5.75% annual distribution rate. Notable transactions include advancing $21.5 million in MRB investments, $39.1 million in GIL investments, and receiving $14.2 million from the sale of Vantage at Tomball. The company also reported the sale of Vantage at Helotes, expecting to recognize approximately $0.08 of net income per BUC in Q2 2025.

Greystone Housing Impact Investors LP (NYSE: GHI) has announced its upcoming First Quarter 2025 earnings conference call, scheduled for Wednesday, May 7, 2025, at 4:30 p.m. Eastern Time. Investors can participate through multiple channels:

• Toll-free dial-in: (877) 407-8813
• International dial-in: +1 (201) 689-8521
• Live webcast in listen-only mode via the Partnership's website

Participants are encouraged to join 15 minutes before the call begins. A recorded replay will be available on the Partnership's Investor Relations website at ghiinvestors.com.

Greystone Housing Impact Investors LP (NYSE: GHI) has successfully issued 2,000,000 Series B Preferred Units to an existing institutional investor, generating $20,000,000 in new proceeds. The units, issued on March 26, 2025, represent non-cumulative, non-convertible, and non-voting partnership interests.

The Series B Preferred Units were issued under the Partnership's existing 'shelf' registration statement, which allows for up to 10,000,000 units. The holder has redemption options beginning March 2031 and on subsequent anniversaries. This issuance brings the institutional investor's total investment in the Partnership to $70 million across multiple preferred unit series.

CEO Kenneth C. Rogozinski highlighted that this transaction provides non-dilutive, fixed-rate, low-cost institutional capital to support the Partnership's strategy, while demonstrating their ability to enhance liquidity despite high interest rates.

Greystone Housing Impact Investors LP (NYSE: GHI) has declared its regular quarterly cash distribution of $0.37 per Beneficial Unit Certificate (BUC). The distribution will be paid on April 30, 2025 to BUC holders of record as of March 31, 2025, with BUCs trading ex-distribution on the same date.

The distribution decision was made by the Board of Managers of Greystone AF Manager , which serves as the general partner of America First Capital Associates Partnership Two, the Partnership's general partner. The distribution amount is determined through a disciplined evaluation process considering operating results, financial conditions, and other relevant factors, aligned with long-term BUC holder interests.