# Greystone Closes $10 Million Bond Investment Amid Portfolio Shift

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/54246
Published: 2026-11-11T17:03:21.000Z
Updated: 2026-11-11T17:03:21.000Z
Section: Business

> The partnership received $23.6 million after its remaining equity in a Colorado multifamily property was redeemed following a sale directed by its managing member.

Greystone Housing Impact Investors LP closed a $10 million mortgage revenue bond investment as it works to reduce its investment in market-rate multifamily joint ventures.

The managing member directed the Aug. 13 sale of Vantage at Loveland, a 288-unit multifamily property in Colorado. Greystone’s remaining equity in the property was redeemed as a result, bringing the partnership $23.6 million in net cash.

The proceeds included $21.1 million in returned contributed equity and $2.5 million in accrued preferred return.

Greystone plans to direct proceeds from future sales of market-rate multifamily investments primarily into tax-exempt mortgage revenue bonds. CEO Kenneth C. Rogozinski described the sale and bond investments as progress in the portfolio shift during a Nov. 10 call, while noting the transition will take time.

The pace of future sales and the partnership’s ability to redeploy the capital will affect near-term results.