Greystone Housing Reports Q3 2024 Net Loss

The latest update is out from Greystone Housing Impact Investors ( (GHI) ).

Greystone Housing Impact Investors LP reported a net loss of $0.23 per Beneficial Unit Certificate (BUC) in Q3 2024, with total revenues of $24.3 million and assets worth $1.55 billion. Despite unrealized losses due to interest rate derivatives, the partnership maintained its focus on affordable multifamily investments, advancing $40.5 million on Mortgage Revenue Bonds and $17.5 million on governmental loans. Strategic hedging and new joint venture opportunities, like the partnership with Black Rock Impact Opportunities, aim to navigate market challenges and leverage emerging investment avenues.

For detailed information about GHI stock, go to TipRanks’ Stock Analysis page.