Greystone (GHI) Q2 Loss Widens 236%

Greystone Housing Impact Investors (NYSE:GHI), a real estate finance company specializing in affordable multifamily housing, reported its second quarter results for fiscal 2025 on August 7, 2025. The headline news from the release was a substantial net loss of $(0.35) per Beneficial Unit Certificate (BUC), basic and diluted (GAAP), marking a reversal from the prior year's profit, and Non-GAAP results for the quarter widely missed analyst expectations. Cash Available for Distribution (CAD), a non-GAAP measure, per BUC was $0.25. Management's assessment for the quarter pointed to portfolio stability, but notable increases in credit loss provisions put pressure on earnings and distributions.

Source: Analyst estimates for the quarter provided by FactSet.

Greystone Housing Impact Investors is focused on providing capital for affordable multifamily and seniors housing across the United States. Its core business centers on originating and holding Mortgage Revenue Bonds (MRBs) and Governmental Issuer Loans (GILs), which often benefit from federal tax-exempt status. These instruments fund projects underwritten to provide housing to low- and moderate-income groups.

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Source Fool.com