debt
confidence high
sentiment positive
materiality 0.50
Greystone Housing extends $50M line of credit to June 2027, expands seniors housing limit
Greystone Housing Impact Investors LP
- Maturity extended to June 2027 with two one-year extension options.
- Seniors housing JV equity investments capped at 30% of eligible encumbered assets.
- Maximum limited guaranties increased to $85M under amended credit agreement.
- Affiliate provides deficiency guaranty at no cost to the Partnership.
- Paid $200K commitment fee, $75K arrangement fee, $10K admin fee at closing.
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