earnings
confidence high
sentiment neutral
materiality 0.65
Greystone Housing reports Q3 net loss of $0.23/BUC; CAD of $0.27/BUC
Greystone Housing Impact Investors LP
2024-Q3 EPS reported
$0.38
revenue$68,685,375
- Net loss of $0.23 per BUC for Q3 2024; Cash Available for Distribution of $0.27 per BUC.
- Unrealized losses of $9.7M on interest rate derivatives drove GAAP loss but not cash earnings.
- Regular quarterly distribution of $0.37 per BUC paid on Oct 31, 2024 to holders of record Sep 30.
- Advanced $40.5M on MRB and $17.5M on GIL/property loans; received $55.8M in redemption proceeds.
- All MRB and GIL investments are current on principal/interest; six JV properties completed construction.