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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

Post by bandit69on Dec 09, 2009 11:18pm
362 Views
Post# 16571708

It was a sell.

It was a sell.You all should have sold.  Management is not that good.  Why?  they can't close the moly property deal and they keep buying more mineral claims.  Too many irons in the fire and they are simply too small to deal with them all. 

Until they close the moly deal with the Koreans, if  ever, it's a dead duck.  Bottom line, they are trying to do too much with too little, add to it another oncoming credit crunch and it's just not going to happen.

Management does not return communications, why? they have money now....they will be nice when they need more.....until then.......

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