Greystone Housing Impact Investors exits Colorado property investment
Greystone Housing Impact Investors LP has divested its equity stake in the Loveland, Colorado-based Vantage at Loveland multifamily property, selling the asset on August 13. The partnership, which originally invested $23.2 million in the property in April 2021, received approximately $23.6 million in net cash proceeds from the sale, including the return of its remaining equity investment and accrued preferred returns.
Greystone Housing Impact Investors LP plans to redeploy the capital into mortgage revenue bond and governmental issuer loan investments, citing the sale as an opportunity to optimize its investment portfolio.
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