Greystone Housing Impact Investors LP
For the period ended Dec 31, 2025. Filed Mar 16, 2026.
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FY2025 · Filed Mar 16, 2026
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Item 2. Properties
The Partnership conducts its business operations from and maintains its corporate office at 14301 FNB Parkway, Suite 211, Omaha, Nebraska 68154. The Partnership believes that this office is adequate to meet its business needs for the foreseeable future.
Each of our MRB and GIL investments are collateralized by multifamily, seniors housing or skilled nursing properties. We also have property loans that are also secured by these properties but do not hold title or any other interest in the properties. Our JV Equity Investments represent membership interests in market-rate multifamily and seniors housing properties, but we do not hold title to such properties.
We recorded one JV Equity Investment, Vantage at San Marcos, as a consolidated VIE and is reported within the Market-Rate Joint Venture Investments segment as of December 31, 2025. We own certain land held for development that is reported within the Affordable Multifamily Investments segment as of December 31, 2025. Our real estate assets are summarized as follows:
| December 31, 2025 · December 31, 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Property Name · Location · Land and LandImprovements · Buildings andImprovements · Carrying Value · Land and LandImprovements · Buildings andImprovements · Carrying Value | |||||||||
| Vantage at San Marcos (1) | San Marcos, TX | $2,513,092 | $ | - | $2,513,092 | $2,660,615 | $1,136,167 | $3,796,782 | |
| Land held for development | Richland County, SC | 1,109,482 | - | 1,109,482 | 1,109,482 | - | 1,109,482 | ||
| Real estate assets | $3,622,574 | $4,906,264 | |||||||
(1)
The assets are owned by a consolidated VIE for the development of a market-rate multifamily property. See Note 3 of the consolidated financial statements in Item 8 for further information.
In January and February 2026, the Partnership acquired four properties previously owned by non-profit borrowers of certain MRB investments via deed in lieu of foreclosure. See Note 26 to the Partnership’s consolidated financial statements for additional information.
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