Greystone Housing Impact Investors LP Announces Sale of Vantage at Loveland
OMAHA, Neb., Aug. 17, 2026 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSE: GHI) (the “Partnership”) announced today that on August 13, 2026, Vantage at Loveland, a 288-unit market rate multifamily property located in Loveland, CO, was sold at the direction of its managing member. The Partnership’s investment in Vantage at Loveland was originated in April 2021 and the Partnership contributed equity totaling approximately $23.2 million. Approximately $2.1 million of that initial equity investment was previously returned to the Partnership in March 2025 upon a refinancing of the original construction loan by the managing member. The Partnership also previously received approximately $5.8 million of accrued preferred return from the proceeds of the March 2025 construction loan refinancing. As a result of the August 2026 sale, the Partnership’s remaining equity investment was redeemed. At closing of the sale, the Partnership received net cash of approximately $23.6 million, consisting of the return of its remaining $21.1 million in contributed equity and $2.5 million in accrued preferred return. The Partnership estimates it will recognize the following amounts resulting from the sale in the third quarter of 2026: * Investment income of approximately $2.5 million, * Net income of approximately $0.11 per Beneficial Unit Certificate (“BUC”), basic and diluted, based on the number of BUCs outstanding on the date of sale, and * Cash Available for Distribution of approximately $0.11 per BUC, basic and diluted, based on the number of BUCs outstanding on the date of sale. “The sale of Vantage at Loveland will allow the Partnership to redeploy its original contributed capital into new accretive mortgage revenue bond and governmental issuer loan investments across our target segments consistent with our recent strategic initiatives,” said Kenneth C. Rogozinski, Chief Executive Officer of the Partnership. “The Partnership is pleased to have received a return of our full original equity investment as well as all accrued preferred return due to us on that equity investment from the proceeds of the property sale. We will continue to implement the strategy of reducing our capital allocation to market rate multifamily JV Equity Investments going forward while maximizing the return of capital to us.”
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