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Upturn AI SWOT - About
Greystone Housing Impact Investors LP (GHI)

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Upturn Advisory Summary
10/24/2025: GHI (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $12.5
1 Year Target Price $12.5
| 2 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -11.8% | Avg. Invested days 51 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 201.87M USD | Price to earnings Ratio - | 1Y Target Price 12.5 |
Price to earnings Ratio - | 1Y Target Price 12.5 | ||
Volume (30-day avg) 3 | Beta 0.62 | 52 Weeks Range 8.55 - 12.23 | Updated Date 10/25/2025 |
52 Weeks Range 8.55 - 12.23 | Updated Date 10/25/2025 | ||
Dividends yield (FY) 16.15% | Basic EPS (TTM) -0.1 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 5.06% | Operating Margin (TTM) -1395.75% |
Management Effectiveness
Return on Assets (TTM) 0.12% | Return on Equity (TTM) 0.45% |
Valuation
Trailing PE - | Forward PE 6.79 | Enterprise Value 1325779072 | Price to Sales(TTM) 7.39 |
Enterprise Value 1325779072 | Price to Sales(TTM) 7.39 | ||
Enterprise Value to Revenue 47.79 | Enterprise Value to EBITDA 14.06 | Shares Outstanding 23582453 | Shares Floating 23058923 |
Shares Outstanding 23582453 | Shares Floating 23058923 | ||
Percent Insiders 2.22 | Percent Institutions 8.72 |
Upturn AI SWOT
Greystone Housing Impact Investors LP
Company Overview
History and Background
Greystone Housing Impact Investors LP (formerly known as America First Multifamily Investors, L.P.) was founded in 1998. It primarily focuses on acquiring, owning, and operating affordable multifamily properties, aiming to generate stable cash flow and attractive risk-adjusted returns for its investors.
Core Business Areas
- Mortgage Revenue Bond (MRB) Investments: The company invests in MRBs, which are tax-exempt bonds used to finance the construction or rehabilitation of affordable multifamily housing. These investments provide a stream of interest income.
- Multifamily Property Ownership: Greystone Housing Impact Investors LP owns and operates affordable multifamily properties directly. Revenue is generated from rental income.
Leadership and Structure
Chad Daffer is the Chief Executive Officer. The company operates as a limited partnership, with Greystone Housing Corp. acting as the general partner.
Top Products and Market Share
Key Offerings
- Mortgage Revenue Bonds (MRBs): MRBs provide financing for affordable housing projects. Market share data specific to Greystone's holdings is not publicly available. Competition comes from other firms investing in municipal bonds, including Nuveen and BlackRock.
- Affordable Multifamily Properties: Direct ownership and operation of multifamily housing units. Market share data is fragmented and difficult to precisely quantify; Greystone is a relatively small player in the broader multifamily housing market, dominated by REITs and larger private equity firms. Competitors include larger real estate investment trusts such as Essex Property Trust (ESS) and AvalonBay Communities (AVB).
Market Dynamics
Industry Overview
The affordable housing market is driven by demographic trends, government subsidies, and regulations. There is a significant and growing need for affordable housing in the US, but new development faces challenges such as rising construction costs and zoning restrictions.
Positioning
Greystone Housing Impact Investors LP positions itself as a specialist in affordable multifamily housing investments, focusing on MRBs and direct property ownership. Its competitive advantage lies in its expertise in navigating the complexities of the affordable housing sector.
Total Addressable Market (TAM)
The TAM for affordable housing investments is substantial, potentially trillions of dollars, given the nationwide shortage. Greystone's positioning with respect to this TAM is niche, focused on MRBs and direct property ownership. The company's ability to capitalize on the TAM depends on access to capital and expertise in property management.
Upturn SWOT Analysis
Strengths
- Expertise in affordable housing finance
- Stable income from MRB investments
- Diversified portfolio of properties
- Experience navigating regulatory requirements
Weaknesses
- Reliance on government subsidies and tax incentives
- Sensitivity to interest rate changes
- Limited geographic diversification
- Relatively small market capitalization
Opportunities
- Growing demand for affordable housing
- Potential for increased government support
- Expansion into new geographic markets
- Development of new investment products
Threats
- Changes in government policies or funding
- Increased competition from larger REITs
- Rising interest rates
- Economic downturns impacting occupancy rates
Competitors and Market Share
Key Competitors
- AVB
- ESS
- MAA
- EQR
Competitive Landscape
Greystone Housing Impact Investors LP operates in a competitive landscape dominated by larger REITs. While Greystone has expertise in affordable housing, it faces challenges due to its smaller size and limited access to capital. Its competitive advantage lies in its specialized focus, but it must overcome scale disadvantages.
Growth Trajectory and Initiatives
Historical Growth: Historical growth data requires accessing real-time financial data sources.
Future Projections: Future projections require analyst estimates which are not publicly available within the scope of this request.
Recent Initiatives: Recent strategic initiatives require current information which needs real time financial updates.
Summary
Greystone Housing Impact Investors LP is a niche player in the affordable housing market, specializing in MRBs and direct property ownership. Its strengths lie in its expertise and stable income streams, but it faces challenges related to its smaller size and dependence on government policies. The growing demand for affordable housing presents opportunities, but it must navigate competition from larger REITs and potential changes in regulations.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Public filings
- Company press releases
- Industry reports
- Market analysis
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market share data is estimated and may not be precise.
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.
About Greystone Housing Impact Investors LP
Exchange NYSE | Headquaters 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, and senior citizen housing, skilled nursing properties, and commercial properties in the United States. The company operates through four segments: Affordable Multifamily Investments; Seniors and Skilled Nursing Investments; Market-Rate Joint Venture Investments; and MF Properties. It 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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