Greystone Housing Impact Investors (GHI) amended its $50 million revolving credit facility, extending the maturity date to June 2027.
The amendment to the facility, secured by joint venture equity investments, also includes two additional one-year extension options, the company said Wednesday in a statement.
The revised facility also increases the maximum allowable seniors housing joint venture equity investments to 30% of eligible encumbered assets and expands limited guaranties of debt associated with joint venture equity investments.
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