Greystone Housing Impact Investors LP said subsidiaries entered into a first amendment to a loan agreement with BankUnited, N.A., as administrative agent, with BankUnited and ServisFirst Bank as lenders. In connection with the amendment, the borrowers executed two promissory notes totaling $84 million outstanding, bearing interest at one-month Term SOFR plus 2.75% and hedged with swap agreements. The amendment also confirms an additional $42 million advance used to acquire the Windsor Shores Apartments and Century Plaza Apartments in South Carolina, and updates certain definitions, adds post-closing pledgors, modifies maturity extension requirements, and revises debt service coverage ratio covenants.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greystone Housing Impact Investors LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-094066), on March 05, 2026, and is solely responsible for the information contained therein.
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