Small-Ticket Equipment Finance Per-Transaction Processing Cost Climbs to $2,729 per Lease or Loan
Why this matters
Capital markets activity continues to be defined by the rotation from bank balance sheets to non-bank lenders. Private credit funds have raised record dry powder; banks have tightened CRE underwriting standards for the sixth consecutive quarter. The result is a market where well-sponsored deals clear, and marginal credit pays a meaningful spread to do so. For LPs, the allocation conversation has shifted decisively toward real estate debt, with equity allocations being deployed more selectively into operator-led platforms.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed capital deal value tracked in October 2026: $5.6B across 23 reported transactions.
Computed from Real Estate Trail’s own tracked coverage
ELFA's 2026 Survey of Equipment Finance Activity shows that lender processing costs per booked small-ticket lease or loan rose more than $300 per contract in 2025, while volumes fell. FAIRPORT, N.Y., Oct. 12, 2026 /PR…
External link. Real Estate Trail does not republish source content.
Related coverage — Capital
Merchants Capital Arranges $97.8M in Financing for Affordable Housing Project in Newport News, Virginia
NEWPORT NEWS, VA. — Merchants Capital has arranged $97.8 million in financing for the rehabilitation of Stuart Gardens, a 491-unit affordable housing property located in Newport News. Merchants Capital secured a $62.8…
Figure’s Michael Tannenbaum on home equity lending to the ‘sandwich generation’
More than 500,000 HELOC applications show this group has a high monthly debt load but significant equity to lean on
Former CFTC Senior Counsel Danielle Abada joins Mayer Brown
NEW YORK, Oct. 12, 2026 /PRNewswire/ -- Mayer Brown today announced that Danielle Abada has joined the firm's Capital Markets practice as a partner in the New York office. She joins the firm from the U.S. Commodity Fu…
The 2026 Ivory Prize Summit to Spotlight Housing Solutions Communities Can Put to Work
National gathering at Arizona State University on Oct. 14 connects housing innovators, policymakers and developers to share knowledge and advance affordability TEMPE, Ariz., Oct. 12, 2026 /PRNewswire/ -- As the housin…
U.S. Pending Home Sales Sink Near 12-Year Low
U.S. pending home sales haven't been this low since 2014, except the pandemic freeze in 2020. Mortgage rates climbed above 7%, pricing out would-be buyers. The total supply of homes for sale rose to its highest level…