Greystone Announces Cash Distribution of $0.14 per BUC
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: Newsfilter
- Cash Distribution Announcement: Greystone Housing Impact Investors LP announced a cash distribution of $0.14 per BUC to be paid on July 31, 2026, reflecting the company's ongoing commitment to its unitholders.
- Distribution Decision Basis: Greystone Manager determines distribution amounts based on a disciplined evaluation of current and anticipated operating results, ensuring alignment with the long-term interests of BUC holders, thereby enhancing investor confidence.
- Investment Strategy Shift: The company is exiting market-rate multifamily joint venture equity investments to reinvest capital into high-quality tax-exempt mortgage revenue bonds, demonstrating its ability to adapt to market changes for long-term benefits.
- Historical Context: Established in 1998, Greystone Housing Impact Investors LP focuses on acquiring and managing mortgage revenue bonds, aiming for growth through leveraged investments, indicating its strong foundation in real estate financing.
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Analyst Views on GHI
Wall Street analysts forecast GHI stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 5.220
Low
12.00
Averages
12.00
High
12.00
Current: 5.220
Low
12.00
Averages
12.00
High
12.00
About GHI
Greystone Housing Impact Investors LP is engaged in acquiring, holding, selling and otherwise dealing with a portfolio of mortgage revenue bonds (MRBs). The Company’s Affordable Multifamily Investments segment consists of its portfolio of MRBs, governmental issuer loans (GILs) and related taxable MRBs, taxable GILs, and property loans that have been issued to provide construction and/or permanent financing for multifamily residential and commercial properties in their market areas. The Seniors and Skilled Nursing Investments segment provides acquisition, construction and permanent financing for seniors housing and skilled nursing properties and a property loan associated with a master lease of essential healthcare support buildings. The MF Properties segment consists primarily of student housing residential properties. The Market-Rate Joint Venture Investments segment consists of its noncontrolling joint venture equity investments in market-rate multifamily properties.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Greystone Releases 2025 Schedule K-3 Investor Information
- Investor Information Release: On June 18, 2026, Greystone Housing Impact Investors LP announced that 2025 Schedule K-3 information relevant to international tax matters is now available online, aimed at assisting investors who require this information for specific tax reporting needs.
- Easy Access: Investors can access their K-3 forms by visiting www.taxpackagesupport.com/greystone, particularly benefiting foreign unitholders and those computing foreign tax credits, ensuring they can easily obtain the necessary details for their federal tax filings.
- Investment Strategy Overview: Established in 1998, Greystone primarily focuses on acquiring and holding mortgage revenue bonds to finance affordable multifamily, senior, and student housing, with expectations that the interest earned on these bonds is excludable from federal gross income, showcasing its competitive edge in the market.
- Risk Disclosure Statement: Greystone's press release highlights that future expected outcomes may be influenced by various risks and uncertainties, including the maturity risks of financing arrangements and fluctuations in short-term interest rates, urging investors to carefully evaluate these factors to understand potential investment risks.
See More
Greystone Announces Cash Distribution of $0.14 per BUC
- Cash Distribution Announcement: Greystone Housing Impact Investors LP announced a cash distribution of $0.14 per BUC to be paid on July 31, 2026, reflecting the company's ongoing commitment to its unitholders.
- Distribution Decision Basis: Greystone Manager determines distribution amounts based on a disciplined evaluation of current and anticipated operating results, ensuring alignment with the long-term interests of BUC holders, thereby enhancing investor confidence.
- Investment Strategy Shift: The company is exiting market-rate multifamily joint venture equity investments to reinvest capital into high-quality tax-exempt mortgage revenue bonds, demonstrating its ability to adapt to market changes for long-term benefits.
- Historical Context: Established in 1998, Greystone Housing Impact Investors LP focuses on acquiring and managing mortgage revenue bonds, aiming for growth through leveraged investments, indicating its strong foundation in real estate financing.
See More
Greystone Housing CFO Resignation and Successor Appointment
- Executive Change: Greystone Housing Impact Investors announced that CFO Jesse A. Coury will resign effective June 30, 2026, having been part of the management team since 2016 and CFO since 2020, which may impact the company's financial strategy and operational stability.
- Interim Successor Appointment: The Board has appointed Eric R. Nielsen as interim CFO effective July 1, 2026, who has served as corporate controller since 2020, ensuring continuity in financial management until a permanent CFO is found.
- Management Stability Concerns: This executive transition may raise market concerns regarding Greystone Housing's management stability and future financial decisions, particularly in the current high-interest-rate environment, which could pose challenges to the company's financial strategy.
- Market Reaction: Greystone Housing was recently downgraded by Citizens due to pressures from high interest rates, indicating that market patience with the company's future financial performance and capital operations is waning, potentially affecting investor confidence.
See More
Greystone Housing Impact Investors Q1 2026 Earnings Call Insights
- Portfolio Repositioning Plan: CEO Kenneth Rogozinski reiterated the strategy to exit market-rate multifamily joint venture equity investments, aiming to maximize unitholder value through capital returns, which will be reinvested into high-quality tax-exempt mortgage revenue bonds expected to yield stable tax-advantaged earnings over the long term.
- Financial Performance Overview: CFO Jesse Coury reported Q1 net income of $1.3 million, or $0.01 per unit basic and diluted, alongside cash available for distribution of $3.1 million, or $0.13 per unit, indicating robust liquidity management amidst ongoing transitions.
- Liquidity Event Update: As of March 31, the company reported unrestricted cash and cash equivalents of $20.6 million, and in April, it received approximately $18 million in capital returns from asset sales, highlighting significant liquidity improvements post-disposition.
- Market Reaction and Risks: Management did not provide formal EPS or revenue guidance, and analysts maintained a neutral stance on joint venture stabilization and exit timing, reflecting market patience and scrutiny regarding the execution of the company's strategic initiatives.
See More
Greystone Housing to Host Q1 2026 Earnings Call
- Earnings Call Announcement: Greystone Housing Impact Investors LP will host an earnings call on May 12, 2026, at 9:00 AM ET to discuss its Q1 2026 results, which is expected to attract significant investor interest.
- Participation Details: Investors can join the Q&A session by dialing 877-407-8813 (U.S.) or +1-201-689-8521 (international) without needing a PIN, ensuring ease of access and enhancing investor engagement.
- Webcast Access: The call will be webcast live on Greystone's website under the
See More
Greystone Housing Downgraded, Shares Decline
- Stock Decline: Greystone Housing Impact Investors (GHI) shares fell 8.32% to $5.40 during Friday afternoon trading after Citizens downgraded the stock, reflecting market concerns over the high interest rate environment.
- Strategic Shift: GHI announced a strategic pivot towards core investments aimed at providing greater earnings stability and generating tax-exempt income for investors, acknowledging that while joint venture equity investments contributed upside, they also introduced earnings volatility and tax implications.
- Valuation Insight: As of December 31, GHI's book value per share stood at $11.77, with shares trading at 0.50x book value, which is below the median P/BV of 0.63x for its 22-company commercial mortgage REIT peer group, indicating that the current share price is fairly valued.
- Rating Change: Citizens downgraded GHI's investment rating from Market Outperform to Market Perform, aligning with Seeking Alpha and Quantrating's Hold ratings, while the Wall Street consensus views the stock as a Strong Buy.
See More
Greystone Releases 2025 Schedule K-3 Investor Information
- Investor Information Release: On June 18, 2026, Greystone Housing Impact Investors LP announced that 2025 Schedule K-3 information relevant to international tax matters is now available online, aimed at assisting investors who require this information for specific tax reporting needs.
- Easy Access: Investors can access their K-3 forms by visiting www.taxpackagesupport.com/greystone, particularly benefiting foreign unitholders and those computing foreign tax credits, ensuring they can easily obtain the necessary details for their federal tax filings.
- Investment Strategy Overview: Established in 1998, Greystone primarily focuses on acquiring and holding mortgage revenue bonds to finance affordable multifamily, senior, and student housing, with expectations that the interest earned on these bonds is excludable from federal gross income, showcasing its competitive edge in the market.
- Risk Disclosure Statement: Greystone's press release highlights that future expected outcomes may be influenced by various risks and uncertainties, including the maturity risks of financing arrangements and fluctuations in short-term interest rates, urging investors to carefully evaluate these factors to understand potential investment risks.
See More
Greystone Announces Cash Distribution of $0.14 per BUC
- Cash Distribution Announcement: Greystone Housing Impact Investors LP announced a cash distribution of $0.14 per BUC to be paid on July 31, 2026, reflecting the company's ongoing commitment to its unitholders.
- Distribution Decision Basis: Greystone Manager determines distribution amounts based on a disciplined evaluation of current and anticipated operating results, ensuring alignment with the long-term interests of BUC holders, thereby enhancing investor confidence.
- Investment Strategy Shift: The company is exiting market-rate multifamily joint venture equity investments to reinvest capital into high-quality tax-exempt mortgage revenue bonds, demonstrating its ability to adapt to market changes for long-term benefits.
- Historical Context: Established in 1998, Greystone Housing Impact Investors LP focuses on acquiring and managing mortgage revenue bonds, aiming for growth through leveraged investments, indicating its strong foundation in real estate financing.
See More
Greystone Housing CFO Resignation and Successor Appointment
- Executive Change: Greystone Housing Impact Investors announced that CFO Jesse A. Coury will resign effective June 30, 2026, having been part of the management team since 2016 and CFO since 2020, which may impact the company's financial strategy and operational stability.
- Interim Successor Appointment: The Board has appointed Eric R. Nielsen as interim CFO effective July 1, 2026, who has served as corporate controller since 2020, ensuring continuity in financial management until a permanent CFO is found.
- Management Stability Concerns: This executive transition may raise market concerns regarding Greystone Housing's management stability and future financial decisions, particularly in the current high-interest-rate environment, which could pose challenges to the company's financial strategy.
- Market Reaction: Greystone Housing was recently downgraded by Citizens due to pressures from high interest rates, indicating that market patience with the company's future financial performance and capital operations is waning, potentially affecting investor confidence.
See More
Greystone Housing Impact Investors Q1 2026 Earnings Call Insights
- Portfolio Repositioning Plan: CEO Kenneth Rogozinski reiterated the strategy to exit market-rate multifamily joint venture equity investments, aiming to maximize unitholder value through capital returns, which will be reinvested into high-quality tax-exempt mortgage revenue bonds expected to yield stable tax-advantaged earnings over the long term.
- Financial Performance Overview: CFO Jesse Coury reported Q1 net income of $1.3 million, or $0.01 per unit basic and diluted, alongside cash available for distribution of $3.1 million, or $0.13 per unit, indicating robust liquidity management amidst ongoing transitions.
- Liquidity Event Update: As of March 31, the company reported unrestricted cash and cash equivalents of $20.6 million, and in April, it received approximately $18 million in capital returns from asset sales, highlighting significant liquidity improvements post-disposition.
- Market Reaction and Risks: Management did not provide formal EPS or revenue guidance, and analysts maintained a neutral stance on joint venture stabilization and exit timing, reflecting market patience and scrutiny regarding the execution of the company's strategic initiatives.
See More
Greystone Housing to Host Q1 2026 Earnings Call
- Earnings Call Announcement: Greystone Housing Impact Investors LP will host an earnings call on May 12, 2026, at 9:00 AM ET to discuss its Q1 2026 results, which is expected to attract significant investor interest.
- Participation Details: Investors can join the Q&A session by dialing 877-407-8813 (U.S.) or +1-201-689-8521 (international) without needing a PIN, ensuring ease of access and enhancing investor engagement.
- Webcast Access: The call will be webcast live on Greystone's website under the
See More
Greystone Housing Downgraded, Shares Decline
- Stock Decline: Greystone Housing Impact Investors (GHI) shares fell 8.32% to $5.40 during Friday afternoon trading after Citizens downgraded the stock, reflecting market concerns over the high interest rate environment.
- Strategic Shift: GHI announced a strategic pivot towards core investments aimed at providing greater earnings stability and generating tax-exempt income for investors, acknowledging that while joint venture equity investments contributed upside, they also introduced earnings volatility and tax implications.
- Valuation Insight: As of December 31, GHI's book value per share stood at $11.77, with shares trading at 0.50x book value, which is below the median P/BV of 0.63x for its 22-company commercial mortgage REIT peer group, indicating that the current share price is fairly valued.
- Rating Change: Citizens downgraded GHI's investment rating from Market Outperform to Market Perform, aligning with Seeking Alpha and Quantrating's Hold ratings, while the Wall Street consensus views the stock as a Strong Buy.
See More
