On December 18, 2019, America First Multifamily Investors, L.P.’s (ATAX) (the “Partnership”) announced it has moved its Schedule K-1 information to a “new and improved” website. The Partnership’s unitholder K-1 information is now available using the Tax Package Support website at www.taxpackagesupport.com/ATAX. The website previously used to access Partnership Schedule K-1 information is no longer available.
America First Multifamily Investors, L.P. (ATAX) (the “Partnership”) announced today that it will host a conference call for investors on Thursday, May 7, 2020 at 4:30 p.m. Eastern Time to discuss the Partnership’s First Quarter 2020 results. Participants may dial 1-855-854-0934, (International Participants may dial 1-720-634-2907), Conference ID# 5775663 ten minutes before the earnings call is scheduled to begin, to listen to the audio portion only. America First Multifamily Investors, L.P. was formed on April 2, 1998 under the Delaware Revised Uniform Limited Partnership Act for the primary purpose of acquiring, holding, selling and otherwise dealing with a portfolio of mortgage revenue bonds which have been issued to provide construction and/or permanent financing for affordable multifamily, student housing and commercial properties.
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Burlington Capital, LLC (“Burlington Capital”) and Greystone & Co., Inc. (together with its affiliates, “Greystone”) today jointly announced that Burlington Capital and one of its subsidiaries have agreed to sell all of their interests in America First Capital Associates Limited Partnership Two (“AFCA 2”) to Greystone for $80 million in cash. AFCA 2 is the general partner of America First Multifamily Investors, L.P. (ATAX), a publicly traded limited partnership. “As a leading real estate lending, investment and advisory company, Greystone will be an excellent partner to provide new and exciting opportunities that will allow ATAX to work off a larger platform and build on its strategic initiatives and growth efforts,” said Lisa Y. Roskens, Chairman and CEO of Burlington Capital.
On February 10, 2020, the Board of Managers of Greystone AF Manager LLC, the general partner of the general partner of America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership”) or (“ATAX”), appointed Jesse A. Coury to serve as the Partnership’s permanent Chief Financial Officer, effective February 12, 2020. Mr. Coury has been serving as the Partnership’s interim Chief Financial Officer since January 1, 2020. “I am extremely excited that Jesse has accepted the permanent Chief Financial Officer position of ATAX,” said Chad Daffer, Chief Executive Officer of the Partnership.
America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership” or “ATAX”) announced today that on April 30, 2020, it terminated all of the Partnership’s outstanding debt financing arrangements with Deutsche Bank AG (“Deutsche Bank”). The Partnership repaid outstanding principal totaling approximately $51.8 million that previously had fixed interest rates ranging from 4.01% to 4.53%. In addition, the Partnership terminated its Master Trust Agreement with Deutsche Bank and is no longer subject to its financial and non-financial covenant provisions.
On May 22, 2020, America First Multifamily Investors, L.P. (ATAX) (the “Partnership” or “ATAX”) announced that the Board of Managers of Greystone AF Manager LLC, which is the general partner of America First Capital Associates Limited Partnership Two, the Partnership’s general partner (the “General Partner”), declared a quarterly cash distribution to the Partnership’s Beneficial Unit Certificate (“BUC”) holders of $0.06 per BUC, payable on July 31, 2020 to BUC holders of record as of the close of trading on June 30, 2020. In response to the effects of COVID-19, the Partnership is focusing on maintaining financial flexibility and the optionality to pursue attractive investment opportunities created by the current economic environment for the long-term benefit of its unitholders.
On December 2, 2019, Craig S. Allen informed America First Multifamily Investors, L.P. (ATAX) (the “Partnership” or “ATAX”) of his intent to retire and leave the Partnership in his capacity as its Chief Financial Officer on December 31, 2019. Mr. Allen and the Partnership have entered into a Consulting Agreement to allow Mr. Allen to assist the Partnership during its transition to a permanent replacement. On December 6, 2019, the Board of Managers of Greystone AF Manager LLC, the general partner of the general partner of the Partnership, appointed Jesse A. Coury, the Partnership’s current Corporate Controller, to serve as the Partnership’s interim Chief Financial Officer, effective on January 1, 2020.
OMAHA, Neb., Nov. 01, 2019 -- On November 1, 2019, America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership”) reported the following results: As of and for.
In April 2020, the Partnership terminated its debt financing arrangements with Deutsche Bank AG (“Deutsche Bank”) and entered into replacement debt financing arrangements with Mizuho Capital Markets LLC (“Mizuho”). The Partnership also terminated its Master Trust Agreement with Deutsche Bank and is no longer subject to its financial and non-financial covenant provisions.
Q4 2019 America First Multifamily Investors LP Earnings Call
Burlington Capital, LLC (“Burlington Capital”) and Greystone & Co., Inc. (together with its affiliates, “Greystone”), today jointly announced they have successfully completed the previously announced sale by Burlington Capital and one of its subsidiaries interests in America First Capital Associates Limited Partnership Two (“AFCA 2”) to Greystone. AFCA 2 is the general partner of America First Multifamily Investors, L.P. (ATAX), a publicly traded limited partnership. “We are excited to announce the completion of this important milestone for our company,” said Lisa Y. Roskens, Chairman and CEO of Burlington Capital.
America First Multifamily Investors, L.P. (ATAX) (the “Partnership”), announced today that the Board of Managers (the “Board”) of Greystone AF Manager LLC, which is the general partner of the Partnership’s general partner, has authorized a new program for the repurchase of up to 290,000 of the Partnership’s outstanding Beneficial Unit Certificates representing assigned limited partnership interests (“BUCs”). “This new unit repurchase program reflects both the Board’s and management’s continued commitment to increase unitholder value,” said Chad Daffer, Chief Executive Officer of the Partnership. Among other purposes of the program, repurchases are intended to cover awards of Restricted Unit Awards (“RUAs”) under the Partnership’s 2015 Equity Incentive Plan to employees of the Partnership, or affiliates of the Partnership, or Board members.
Q3 2019 America First Multifamily Investors LP Earnings Call
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Q1 2020 America First Multifamily Investors LP Earnings Call
OMAHA, Neb., Feb. 26, 2020 -- On February 26, 2020, America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership” or “ATAX”) reported the following results: As.
America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership”) announced today that on December 18, 2019, Vantage at Boerne, a 288-unit multifamily investment located in Boerne, TX, was sold by its managing member and the Partnership’s equity investment was redeemed. Realize Cash Available for Distribution of approximately $0.11 per BUC, basic and diluted, from the sale in Q4 2019.
America First Multifamily Investors, L.P. (ATAX) (the “Partnership”) announced today that it will host a conference call for investors on Tuesday, November 5, 2019 at 4:30 p.m. Eastern Time to discuss the Partnership’s Third Quarter 2019 results. Participants may dial 1-855-854-0934, (International Participants may dial 1-720-634-2907), Conference ID# 1396479 ten minutes before the earnings call is scheduled to begin, to listen to the audio portion only.
America First Multifamily Investors, L.P. (ATAX) (the “Partnership”) announced today that it will host a conference call for investors on Thursday, February 27, 2020 at 4:30 p.m. Eastern Time to discuss the Partnership’s Fourth Quarter 2019 results. Participants may dial 1-855-854-0934, (International Participants may dial 1-720-634-2907), Conference ID# 9162835 ten minutes before the earnings call is scheduled to begin, to listen to the audio portion only. Following completion of the earnings call, a recorded replay will be available on the Partnership’s Investor Relations website at www.ataxfund.com.