other material
confidence high
sentiment positive
materiality 0.55
Greystone Housing sells Vantage at Loveland, recovers full equity plus preferred return
Greystone Housing Impact Investors LP
- Sold 288-unit Vantage at Loveland (CO) on Aug 13, 2026; received net cash ~$23.6M at closing.
- Total contributed equity was ~$23.2M; $2.1M returned in Mar 2025, remaining $21.1M now redeemed.
- Also received $2.5M accrued preferred return at sale; prior $5.8M preferred return from 2025 refinancing.
- Expects Q3 2026 net income and CAD of ~$0.11 per BUC, plus ~$2.5M investment income.
- CEO says proceeds to be redeployed into mortgage revenue bond and governmental issuer loan investments.