Gumption Blog
CRE financing, by the numbers
Insights on commercial real estate lending drawn from actual term sheets submitted through the Gumption platform.
$2M Industrial Refinance in North Carolina: Winning Terms From a Bank
An Alabama-based sponsor group refinanced an industrial property in the Goldsboro, North Carolina market with $2 million in proceeds at 75% LTV, a 6.25% fixed rate, and a 25-year amortization, won from a regional bank with coverage in both states.
August 11, 2026 · 2 min read
$3.12M PetSmart NNN Acquisition Loan in Oregon: Winning Terms From a Credit Union
A New York-based sponsor group acquired a PetSmart net lease property in Oregon with a $3.12 million loan at 5.83% fixed and 80% loan-to-cost, terms won from a credit union rather than the national and regional banks also competing for the deal.
August 5, 2026 · 2 min read
$7.04M Single-Family Rental Portfolio Refinance in North Birmingham, Alabama
Alabama-based investors refinanced a 117-unit single-family rental portfolio for $7.04 million at a 6.49% fixed rate and 75% LTV, after running banks, credit unions, and private lenders simultaneously so no single lender's hesitation could stall the deal.
August 5, 2026 · 2 min read
$2.45M Starbucks NNN Refinance in Alabama: How Gumption Delivered the Best Terms
A Southeast-based sponsor refinanced a newly built, corporate-leased Starbucks drive-thru in Alabama for $2.45 million at 75% LTV, a fixed rate of 6.23%, and a 30-year amortization schedule, after running the deal to more than a dozen lenders and receiving five formal term sheets.
August 3, 2026 · 2 min read
$9.2M Hotel Construction Loan in Central Florida
A Central Florida developer closed $9.2 million in construction financing for a 122-key extended-stay hotel at SOFR + 2.35%, with five lenders submitting formal term sheets despite cautious lender appetite for hospitality construction in 2026.
July 29, 2026 · 2 min read
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