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GHI - Greystone Housing: The Cut Fixes Only Some Of Their Problems
Global High Income Fund Inc. Common
2025-06-19 03:24:37 ET
The curious case of Greystone Housing Impact Investors LP ( GHI ) has intrigued us for quite some time. It is one of those stocks where we have had basically moved in our ratings mainly based on risk and valuations. In 2022, we were a bit positive on this one as it was a good alternative to that black hole of an asset class, mortgage REITs. But we got more worried as the company dialed up risks and the valuation got high as well. That led to some sell ratings....