earnings
confidence high
sentiment neutral
materiality 0.75
GHI reports Q1 net income $1.32M, CAD $0.13/BUC; shifts from multifamily JV to MRB
Greystone Housing Impact Investors LP
2026-Q1 EPS reported
$0.01
revenue$21,785,203
- Net income $1.32M ($0.01/BUC); CAD $3.05M ($0.13/BUC).
- Strategy: reducing market-rate multifamily JV equity, redeploying into tax-exempt MRB investments.
- Acquired four SC multifamily properties via deed in lieu of foreclosure on $119.9M MRB; obtained $84M mortgage.
- Poppy Grove GIL investments redeemed at par $90M; $72M used to repay related debt.
- All MRB/GIL investments current; hedging net receipts $246K in Q1.