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Upturn AI Summary - About
Greystone Housing Impact Investors LP(GHI)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for GHI
09/25/2026: GHI (1-star) is currently NOT-A-BUY. Pass it for now.
Greystone Housing Impact Investors LP is a specialized investment vehicle primarily focused on affordable multi-family housing revenue bonds and development joint ventures. The company benefits from a strong strategic alignment with the Greystone platform, which provides robust deal-sourcing capabilities and operational expertise. Its primary investment story centers on consistent income generation with a social impact focus. However, investors should monitor risks such as sensitivity to interest rate fluctuations, regulatory changes in bond tax status, and inherent concentration in the affordable housing niche. Overall, GHI serves as a potential fit for dividend-focused investors seeking exposure to the specialized real estate debt market rather than rapid capital growth.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | GHI is primarily an income-focused vehicle rather than a high-growth equity. |
| Momentum investor | Weak fit | The stock tends to track steady yield performance rather than rapid price momentum. |
| Value investor | Mixed fit | Valuation depends on net asset value and interest rate cycles, requiring careful entry points. |
| Dividend investor | Strong fit | GHI is specifically structured to generate and distribute income to investors. |
| Low-risk investor | Mixed fit | While assets are secured, exposure to real estate and interest rate risk creates moderate volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | Changes in interest rates can lead to fluctuations in the market price of mortgage bonds. |
| Valuation risk | Medium | Determining the fair value of specialized housing assets involves subjective assessments. |
| Competition risk (mREIT competition) | Medium | Larger mREITs may compete for capital and assets, pressuring yields. |
| Business quality | Medium | Dependence on the affordable housing niche limits broader market diversification. |
| Dividend income | Medium / high | Distributions depend on consistent bond interest payments and project performance. |
| Execution risk | Medium | Successful management of complex development joint ventures requires significant expertise. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit -17.76% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 137.84M USD | Price to earnings Ratio - | 1Y Target Price 7 |
Price to earnings Ratio - | 1Y Target Price 7 | ||
Volume (30-day avg) 49.8K shares | Beta 0.75 | 52 Weeks Range 4.55 - 9.65 | Updated Date 09/26/2026 |
52 Weeks Range 4.55 - 9.65 | Updated Date 09/26/2026 | ||
Dividends yield (FY) 14.29% | Basic EPS (TTM) -0.29 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Mortgage Revenue Bonds | Interest income from tax-exempt bonds financing affordable housing. | Steady interest income is the primary driver of your potential dividends. |
| Joint Venture Equity | Profit sharing from affordable housing development projects. | This provides potential upside beyond simple bond interest. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE - | Forward PE 6.79 | Enterprise Value 1.21B | Price to Sales(TTM) 4.15 |
Enterprise Value 1.21B | Price to Sales(TTM) 4.15 | ||
Enterprise Value to Revenue 57.3 | Enterprise Value to EBITDA 14.06 | Shares Outstanding 23.56M | Shares Floating 23.13M |
Shares Outstanding 23.56M | Shares Floating 23.13M | ||
Percent Insiders 2.11 | Percent Institutions 8.26 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Greystone Housing Impact Investors LP
Exchange NYSE | Headquarters Omaha, NE, United States | ||
IPO Launch date 1986-04-02 | CEO - | ||
Sector Financial Services | Industry Mortgage Finance | Full time employees - | Website https://www.ghiinvestors.com |
Full time employees - | Website https://www.ghiinvestors.com | ||
Greystone Housing Impact Investors LP acquires, holds, sells, and deals mortgage revenue bonds that are issued to provide construction and permanent financing for multifamily, student housing, residential properties, and commercial properties in the United States. It operates through four segments: Affordable Multifamily Investments; Seniors and Skilled Nursing Investments; Market-Rate Joint Venture Investments; and MF Properties. The company also invests in governmental issuer loans. The company was formerly known as America First Multifamily Investors, L.P. and changed its name to Greystone Housing Impact Investors LP in December 2022. Greystone Housing Impact Investors LP was incorporated in 1998 and is based in Omaha, Nebraska.
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