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Greystone Housing Impact Investors LP V.GHI


Primary Symbol: GHI

Greystone Housing Impact Investors LP is engaged in acquiring, holding, selling and otherwise dealing with a portfolio of mortgage revenue bonds (MRBs). The Company's segments include Affordable Multifamily MRB Investments, Seniors and Skilled Nursing MRB Investments, MF Properties, and Market-Rate Joint Venture Investments. The Affordable Multifamily MRB Investments segment consists of its portfolio of MRBs, governmental issuer loans (GILs) and related property loans that offer construction and/or permanent financing for multifamily residential and commercial properties in their market areas. The Seniors and Skilled Nursing MRB Investments segment provides acquisition, construction and permanent financing for seniors housing and skilled nursing properties. The Market-Rate Joint Venture Investments segment consists of its noncontrolling joint venture equity investments in market-rate multifamily properties. The MF Properties segment consists of student housing residential properties.


NYSE:GHI - Post by User

Comment by Rocketman5on Jan 12, 2010 5:13pm
238 Views
Post# 16670528

RE: RE: V.MTB

RE: RE: V.MTBBandit,

I agree with you on the Lucky Ship and that it will become more economical/interesting down the road at which point the Koreans will stop dragging their feet.

I agree with you that the Stewart area plays are starting to look much better and their charts are all pointing to higher prices in the not too distant future.

However, I have to take issue with your idea that this will be the last run for the area. There will be a huge amount of drilling done up there this summer by AOT, DEC, MTB, PNL and NKA which means there is potential for further discovery by one or more of them which will make the whole area exciting once again. My thought is that people should be buying all of the area plays in the current range (9-10 cents on NKA, 30 to 35 cents on DEC, etc.) and holding until we start to see the summer drill results come August or September. There is potential here for 5 or 10 baggers should the results come back nicely. Patience is a virtue sometimes.

GLTA
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