Greystone Housing Impact Investors Exits Vantage at Loveland
AI-generated image · Bay Street Wire
The sale of the 288-unit Colorado property marks a broader strategic pivot away from market-rate multifamily joint venture equity.
As first reported by the Financial Post, Greystone Housing Impact Investors LP (NYSE: GHI) has sold Vantage at Loveland, a 288-unit multifamily property in Colorado. The sale, completed on August 13, 2026, followed a directive from the Partnership's managing member.
The investment began in April 2021 with approximately $23.2 million in equity. In March 2025, a refinancing of the construction loan returned $2.1 million of that initial equity and $5.8 million in preferred returns. The August 2026 closing provided net cash of approximately $23.6 million, comprising $21.1 million in remaining equity and $2.5 million in accrued preferred returns.
The Partnership expects third-quarter 2026 investment income of roughly $2.5 million, resulting in net income and Cash Available for Distribution of approximately $0.11 per Beneficial Unit Certificate (BUC).
Chief Executive Officer Kenneth C. Rogozinski stated the divestment allows the Partnership to redeploy capital into governmental issuer loans and mortgage revenue bonds, reflecting a strategy to reduce market-rate multifamily JV Equity Investments.