Real Estate

Investors are flocking to warehouses to capitalize on the e-commerce boom that is flourishing during the pandemic.

“Multifamily housing continues to present attractive underlying fundamentals,” says Bain Capital's Kavindi Wickremage.

During the pandemic, transactions involving mobile-home parks have outpaced other corners of the commercial real estate market as investors steer clear of harder-hit sectors such as retail and hotels.

More than 40 of annual U.S. mortgage originations are processed using Ellie Mae software. That gives Ellie Mae insight into trends such as borrowers’ credit profiles and changing underwriting standards.

Xenia has received multiple offers for the portfolio, which could fetch about $500 million, according to Bloomberg News.