No Forbearance Requests
Greystone Housing Impact Investors had no forbearance requests for multifamily mortgage revenue bonds, and all borrowers were current on their principal and interest payments as of June 30, 2025.
Joint Venture Equity Investments Progress
The joint venture equity investment in Valage Senior Living Carson Valley began move-ins and reached 49% occupancy, matching original underwriting expectations. The Jessam at Hays Farm project is approaching construction completion and has started leasing activities.
Expansion of BlackRock Joint Venture
The construction lending joint venture with BlackRock received an additional $60 million capital commitment from a second institutional investor.
Increased Credit Facility Capacity
Greystone extended the maturity and increased borrowing capacity of its credit facilities, with one line of credit increased from $50 million to $80 million.