{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Commercial Real Estate Investment Conference Podcast (CREIC)","title":"Alternative Lenders Fuel CRE Financing Rebound","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/93a50f3c\"></iframe>","width":"100%","height":180,"duration":279,"description":"In Q1 2026, alternative lenders captured 53% of non-agency CRE loan closings, up from 19% a year ago. Debt fund volume surged 280% year-over-year. Banks dropped to 22% market share. This is a structural shift in capital allocation. Non-banks move faster and are more flexible on structure, but charge higher rates and tighter covenants. Quality assets get funded. Mediocre deals struggle. Operators need to understand where capital is coming from and how to structure deals for non-bank lenders.","thumbnail_url":"https://img.transistorcdn.com/PkdcFoklt6Pt1rv3cF5LhC5NMbLiO82QPyaLOkUVqc8/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lOTZm/YmE3MTkwMDcyMGI2/ZTZiOGE3MmYzZThk/ZjE3Ni5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}