CRE financing, by the numbers

Insights on commercial real estate lending drawn from actual term sheets submitted through the Gumption platform.

Private Lenders Charge a 329 Bps Premium Over Banks. Sponsors Pay It Anyway.

In Q2 2026, banks averaged 6.47% on CRE loans while private lenders averaged 9.76%. Here's why experienced sponsors with bank offers in hand keep choosing the expensive option.

July 10, 2026 · 5 min read