Los Angeles – July 12, 2018 – Canyon Partners, LLC, a global alternative asset management firm with over $24 billion in assets under management, today announced the closing of a real estate debt vehicle with over $450 million in total commitments. The Canyon Partners Real Estate debt platform is focused on the origination of senior and subordinate debt investments secured by institutional-quality real estate across primary and secondary markets in the United States.
“Over the past 27 years, our real estate debt investments supported the financing of approximately $9 billion of real estate assets. In today’s market, we are seeing opportunities to lend on high quality real estate projects at particularly favorable risk/reward profiles,” said Josh Friedman, Co-Founder of Canyon.
“Our real estate debt strategy is a reflection of the structural opportunity present in the market today for alternative lenders and a natural extension of our long track record in the asset class. With an established and tenured team of dedicated investment and in-house asset management personnel, we are looking forward to furthering many of our sponsor partnerships and to forming new ones,” said Mitch Julis, Co-Founder of Canyon.
Canyon Partners Real Estate’s investment efforts, led by Robin Potts and Maria Stamolis, focus on varying segments of the U.S. commercial real estate market across both opportunistic and value add debt and equity investments.
About Canyon Partners, LLC
Founded in 1990, Canyon Partners is a leading alternative asset manager investing on behalf of institutional investors worldwide with over $24 billion in assets under management. Canyon is headquartered in Los Angeles, with offices in Hong Kong, London, New York, Shanghai and Tokyo, with a team of over 220, including more than 80 investment professionals. For more information please visit: www.canyonpartners.com.
(914) 686 5599