Greystone Housing Impact Investors exits Colorado property investment

Omaha, Nebraska - Greystone Housing Impact Investors LP divested its equity position in a Colorado multifamily property, Vantage at Loveland, on August 13, according to a press release. The partnership initially committed around $23.2 million in equity for the investment, which was established in April 2021. Upon its sale, the partnership recouped approximately $2.1 million in March 2025 as part of a loan refinancing, in addition to around $5.8 million in accrued preferred returns.

Upon the sale, Greystone Housing Impact Investors LP is anticipated to receive net cash proceeds of roughly $23.6 million, including the return of its remaining $21.1 million in initial equity and an extra $2.5 million in accrued preferred returns. The partnership projects to record about $2.5 million in investment income from the sale, to be recognized in the third quarter of 2026.

Greystone Housing Impact Investors LP estimates that the sale will result in an investment income of about $0.11 per Beneficial Unit Certificate and Cash Available for Distribution of approximately $0.11 per BUC. Kenneth C. Rogozinski, Chief Executive Officer, disclosed that the sale empowers the partnership to allocate capital towards mortgage revenue bond and governmental issuer loan investments.

He added that the partnership has received full return of its original equity investment and all accrued preferred returns from the sale proceeds. The partnership has affirmed its commitment to continue reducing capital allocation to market rate multifamily joint venture equity investments. Established in 1998, Greystone Housing Impact Investors LP specializes in acquiring and holding mortgage revenue bonds issued for affordable multifamily, seniors, and student housing properties.