OMAHA, Neb., Aug.  17, 2026  (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSE:GHI) (the &#34;Partnership&#34;) announced today that on August 13, 2026, Vantage at Loveland, a 288-unit market rate

Greystone Housing Impact Investors LP Announces Sale of Vantage at Loveland

GHI monetizes Vantage at Loveland, redeploys capital into mortgage bonds

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>OMAHA, Neb., Aug.  17, 2026  (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSE:GHI) (the &amp;#34;Partnership&amp;#34;) announced today that on August 13, 2026, Vantage at Loveland, a 288-unit market rate</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Greystone Housing Impact Investors LP announced the sale of Vantage at Loveland (288 units) for net cash of about $23.6 million, returning the partnership&#039;s remaining equity and accrued preferred return. The sale enables redeploying capital into mortgage revenue bonds and governmental issuer loans, signaling a strategic shift away from market-rate multifamily JV equity investments. The release notes CAD as a non-GAAP metric and provides Q3-2026 CAD/BUC and net income estimates.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>GHI sells Vantage at Loveland for net cash about $23.6M.</li><li>Original equity $23.2M; $2.1M returned in 2025; $5.8M accrued.</li><li>Closing returns: $21.1M equity and $2.5M accrued return.</li><li>Q3 2026: investment income ~ $2.5M; net income ~ $0.11 per BUC; CAD ~ $0.11 per BUC.</li><li>Redeploy capital into mortgage revenue bonds and government issuer loans; reduce market-rate multifamily JV equity.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Greystone Housing Impact Investors LP (GHI)</strong>: Sale proceeds and capital redeployment could influence future cash flows and distributions.</li><li><strong>Vantage at Loveland (N/A)</strong>: 288-unit asset; sold Aug 13, 2026; proceeds ~ $23.6M.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The asset sale and capital redeployment reflect a strategic corporate action likely to influence near-term cash flow and distribution profile.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Sale triggers return of $21.1M contributed equity and $2.5M accrued return.</li><li>Q3 2026 CAD per BUC and net income per BUC are estimated at about $0.11.</li><li>Strategy shift toward mortgage revenue bonds and government loans may affect risk/return.</li><li>Lower exposure to market-rate multifamily JV equity could influence future capital deployment.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Vantage at Loveland sold on Aug 13, 2026.</li><li>Original equity contributed: about $23.2M; $2.1M returned in March 2025.</li><li>Accrued preferred return previously: about $5.8M.</li><li>Closing net cash: about $23.6M (return of $21.1M equity and $2.5M accrued return).</li><li>Q3 2026 estimates: investment income ~ $2.5M; net income ~ $0.11/BUC; CAD ~ $0.11/BUC.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Neutral to modestly bullish near term as redeployment may lift CAD-driven distributions in Q3 2026.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>OMAHA, Neb., Aug.  17, 2026  (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/GHI">GHI</a>) (the "Partnership") announced today that on August 13, 2026, Vantage at Loveland, a 288-unit market rate multifamily property located in Loveland, CO, was sold at the direction of its managing member. The Partnership’s investment in Vantage at Loveland was originated in April 2021 and the Partnership contributed equity totaling approximately $23.2 million. Approximately $2.1 million of that initial equity investment was previously returned to the Partnership in March 2025 upon a refinancing of the original construction loan by the managing member. The Partnership also previously received approximately $5.8 million of accrued preferred return from the proceeds of the March 2025 construction loan refinancing. As a result of the August 2026 sale, the Partnership’s remaining equity investment was redeemed. At closing of the sale, the Partnership received net cash of approximately $23.6 million, consisting of the return of its remaining $21.1 million in contributed equity and $2.5 million in accrued preferred return. The Partnership estimates it will recognize the following amounts resulting from the sale in the third quarter of 2026:</p>  <ul type="disc"><li>Investment income of approximately $2.5 million,<br></br> </li><li>Net income of approximately $0.11 per Beneficial Unit Certificate ("BUC"), basic and diluted, based on the number of BUCs outstanding on the date of sale, and<br></br> </li><li>Cash Available for Distribution of approximately $0.11 per BUC, basic and diluted, based on the number of BUCs outstanding on the date of sale.</li></ul>  <p>"The sale of Vantage at Loveland will allow the Partnership to redeploy its original contributed capital into new accretive mortgage revenue bond and governmental issuer loan investments across our target segments consistent with our recent strategic initiatives," said Kenneth C. Rogozinski, Chief Executive Officer of the Partnership. "The Partnership is pleased to have received a return of our full original equity investment as well as all accrued preferred return due to us on that equity investment from the proceeds of the property sale. We will continue to implement the strategy of reducing our capital allocation to market rate multifamily JV Equity Investments going forward while maximizing the return of capital to us."<br></br></p>  <p align="justify"><strong>Disclosure Regarding Non-GAAP Measures - Cash Available for Distribution</strong></p>  <p align="justify">This report refers to Cash Available for Distribution ("CAD"), which is identified as a non-GAAP financial measure. We believe CAD provides relevant information about the Partnership’s operations and is necessary, along with net income, for understanding its operating results. Net income is the GAAP measure most comparable to CAD. There is no generally accepted methodology for computing CAD, and our computation of CAD may not be comparable to CAD reported by other companies. Although we consider CAD to be a useful measure of our operating performance, CAD is a non-GAAP measure that should not be considered as an alternative to net income calculated in accordance with GAAP, or any other measures of financial performance presented in accordance with GAAP. For the amounts disclosed herein related to this transaction, there are no reconciling items between net income per BUC, basic and diluted, and CAD per BUC, basic and diluted.</p>  <p align="justify"><strong>About Greystone Housing Impact Investors LP</strong></p>  <p align="justify">Greystone Housing Impact Investors LP was formed in 1998 under the Delaware Revised Uniform Limited Partnership Act for the primary purpose of acquiring, holding, selling and otherwise dealing with a portfolio of mortgage revenue bonds which have been issued to provide construction and/or permanent financing for affordable multifamily, seniors and student housing properties. The Partnership is pursuing a business strategy of acquiring additional mortgage revenue bonds and other investments on a leveraged basis. The Partnership expects and believes the interest earned on these mortgage revenue bonds is excludable from gross income for federal income tax purposes. The Partnership seeks to achieve its investment growth strategy by investing in additional mortgage revenue bonds and other investments as permitted by its Second Amended and Restated Limited Partnership Agreement, dated December 5, 2022 (the "Partnership Agreement"), taking advantage of attractive financing structures available in the securities market, and entering into interest rate risk management instruments. Greystone Housing Impact Investors LP press releases are available at <a href="https://www.globenewswire.com/Tracker?data=fuISyQ-TOW_nw8FMSOX7vqdXJyNg_LVXH5pmOlrqXWwb03IYpALEn7d4dMMWP4nV804kAeKQbC5Y2lR7raLKn19OQyfi2C4pdn0au_kKMeQ=" rel="nofollow" target="_blank">www.ghiinvestors.com</a>.</p>  <p align="justify"><strong>Safe Harbor Statement</strong></p>  <p>Information contained in this press release contains "forward-looking statements," which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include, but are not limited to, risks involving current maturities of our financing arrangements and our ability to renew or refinance such maturities, fluctuations in short-term interest rates, collateral valuations, mortgage revenue bond investment valuations and overall economic and credit market conditions. For a further list and description of such risks, see the reports and other filings made by the Partnership with the Securities and Exchange Commission, including but not limited to, its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Readers are urged to consider these factors carefully in evaluating the forward-looking statements. The Partnership disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.</p>  <p align="justify"><strong>MEDIA CONTACT:</strong><br></br><strong>Fran Del Valle</strong><br></br><strong>Greystone</strong><br></br><strong>917-922-5653</strong><br></br><strong>fran@influencecentral.com</strong></p>  <p align="justify"><strong>INVESTOR CONTACT:</strong><br></br><strong>Andy Grier</strong><br></br><strong>Investor Relations</strong><br></br><strong>402-952-1235</strong></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxMTI5MCM3Nzc5OTE3IzIwMTkxNTk="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/OWY2OWI0YmEtMDZjMi00MGRhLThkNWMtYTY1YzlmMDAyYmY3LTEwMzA3MzItMjAyNi0wOC0xNy1lbg==/tiny/Greystone-Housing-Impact-Inves.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/c0022022-fa02-4cfc-865c-7aafb5d8fea3"><img src="https://ml.globenewswire.com/media/c0022022-fa02-4cfc-865c-7aafb5d8fea3/small/greystone-housing-impact-investors-logo-horizontal-green-for.jpg" border="0" width="150" height="16" alt="Primary Logo"></img></a></p>

Greystone Housing Impact Investors LP announced the sale of Vantage at Loveland (288 units) for net cash of about $23.6 million, returning the partnership's remaining equity and accrued preferred return. The sale enables redeploying capital into mortgage revenue bonds and governmental issuer loans, signaling a strategic shift away from market-rate multifamily JV equity investments. The release notes CAD as a non-GAAP metric and provides Q3-2026 CAD/BUC and net income estimates.

News insight

Greystone Housing Impact Investors LP Announces Sale of Vantage at Loveland

AI summary

Sentiment rationale

Key facts

Corporate Developments