Bond Street REIT closed a revolving credit facility with total commitments of $100 million in December 2025. An accordion feature permits the company to increase total commitments up to $600 million.
JPMorgan Chase Bank leads the syndicated facility as lead arranger and administrative agent, with SouthState Bank as participant. The financing follows an equity commitment up to $300 million from Bond Street’s institutional capital partner, Conversant Capital, in August 2025. Together, these commitments represent $900 million of total aggregated capital commitments for asset transactions.
“This funding reflects the continued engagement of our sponsor, Conversant Capital, and the strength of our relationship with JPMorgan Chase and SouthState Bank,” Michael D. Reynolds, CEO of Bond Street REIT, said. “Their combined experience adds depth to our strategy and lends resilience to our capital position as we pursue portfolio growth opportunities.”
Allen Matkins Leck Gamble Mallory & Natsis served as legal counsel to the company, while Morrison & Foerster and Chapman and Cutler represented JPMorgan Chase Bank and SouthState Bank, respectively.
