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GHI
Upturn stock rating

Greystone Housing Impact Investors LP (GHI)

Upturn stock rating
$8.56
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

10/24/2025: GHI (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $12.5

1 Year Target Price $12.5

Analysts Price Target For last 52 week
$12.5 Target price
52w Low $8.55
Current$8.56
52w High $12.23

Analysis of Past Performance

Type Stock
Historic Profit -11.8%
Avg. Invested days 51
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/24/2025

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

ai summary icon Upturn AI SWOT

Greystone Housing Impact Investors LP

stock logo

Company Overview

overview logo 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.

business area logo 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 logo 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

overview logo 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 logo 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

competitor logo 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.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization 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 -
Full time employees -

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.