With a greater focus on ESG criteria, more investors are starting to look at affordable housing plays.

Advisors, and their accredited investor clients, should take note of this previously niche capital-raising method.

Commercial real estate investors spent $53 billion on U.S. multifamily assets in the second quarter, setting a record, reports Real Capital Analytics.

The owners of the 3.3-million-sq.-ft. property used the reserves to make a $9.3 million August payment on $290 million of debt.

Major investors are pouring more and more money into these assets.

The deal to borrow $450 through mortgages backed by collateral from Zillow’s home-flipping business represents the first securitization by iBuyers.

The moratorium will apply to counties with high rates of coronavirus infections and last until Oct. 3.