Bond Street REIT Secures $100 Million Revolving Credit Facility with Plans to Expand to $600 Million

Bond Street REIT Secures Major Credit Facility

In a recent announcement, Bond Street REIT has successfully closed a revolving credit facility with an initial commitment of $100 million. This significant financial development occurred in December 2025, showcasing the company’s ongoing efforts to boost its capital position. Remarkably, the facility includes an accordion feature that allows the total commitment to increase up to $600 million, providing greater flexibility for future expansions.

Leading this financing initiative is JPMorgan Chase Bank, N.A., participating as the Lead Arranger and Administrative Agent. SouthState Bank, N.A. is also involved as a participant. The announcement follows an impressive equity commitment from Conversant Capital LLC, which pledged up to $300 million in August 2025. Together, these commitments represent an astounding $900 million in total aggregated capital available for asset transactions.

Since welcoming Conversant Capital's investment, Bond Street REIT has executed six acquisitions within just four months. Four of these acquisitions have notably enhanced the company’s geographic footprint in the Midwest, resulting in an approximately 11% increase in its total gross leasable area (GLA). Furthermore, Bond Street has transitioned two legacy single-purpose entity (SPE) assets into the REIT structure, accounting for about 9% of its overall GLA. This strategic move aligns with Bond Street’s mission to integrate its SPE assets into the REIT.

Michael D. Reynolds, the CEO of Bond Street REIT, commented, "This funding reflects the continued engagement of our sponsor, Conversant Capital, and the strength of our relationship with JPMorgan Chase and SouthState Bank. Their combined experience adds depth to our strategy and lends resilience to our capital position as we pursue portfolio growth opportunities." This statement encapsulates the commitment of Bond Street REIT to leverage these financial resources to enhance its operational capabilities and support sustained growth.

Legal advisory support for Bond Street came from Allen Matkins Leck Gamble Mallory Natsis LLP, while Morrison Foerster LLP and Chapman and Cutler LLP provided legal counsel to JPMorgan Chase and SouthState Bank, respectively.

About Bond Street REIT

Bond Street REIT operates as a perpetual-life private NAV Real Estate Investment Trust, uniquely focusing on Class A convenience retail centers. The company targets high-growth markets primarily situated in the Southeast and Midwest of the United States. The strategic investments enabled by this latest credit facility are poised to propel Bond Street REIT forward, solidifying its stance in the competitive real estate landscape.

For media inquiries, Maria Castellano from Bond Street REIT is available at the following contact: 843-414-4328, or via email at [email protected].

As Bond Street REIT continues to capitalize on these financial opportunities, the market will be keen to observe its growth trajectory and the positive impact on its portfolio as it actively engages in strategic acquisitions and market expansion.