Greystone Real Estate Capital, a national tax credit syndicator and subsidiary of Greystone Select Incorporated has closed its Greystone Affordable Housing Fund I LP, a $103 million multi-investor Low-Income Housing Tax Credit (LIHTC) fund.
The fund will support the development and preservation of nearly 1,000 affordable housing units across 11 properties in six states, focused on delivering safe, high-quality housing that provides lasting community impact. The six states include Louisiana, Massachusetts, Mississippi, New Jersey, Ohio, and Pennsylvania
This inaugural fund closing marks a pivotal milestone for Greystone Real Estate Capital, following the strategic formation of the platform in early 2024 with industry veterans. Their collective vision — to build a client-first, impact-driven syndication platform that ranks among the top syndicators in the country—has now been brought to life with the successful closing of Fund I.
“The closing of Fund I is