other material
confidence high
sentiment neutral
materiality 0.50
GHI lists Vantage at Hutto multifamily property for sale; expects Q1 2025 close
Greystone Housing Impact Investors LP
- 288-unit market-rate property in Hutto, TX listed for sale via Institutional Property Advisors.
- GHI contributed $11.8M equity in 2020; property completed Dec 2023 with 89% occupancy as of Aug 31.
- Sale expected Q1 2025 if contract executed; volatility may delay or reduce price.
- Managing member controls sales process; GHI will receive net proceeds per operating agreement.
- Past Vantage sales precedent, but no deal value or buyer named.