LOS ANGELES, May 17, 2021 /PRNewswire/ — Canyon Partners Real Estate LLC (“Canyon”) today announced the final close of Canyon Laurel Fund II (“CLF II” or the “Fund”), a US real estate debt vehicle with over $650M of assets across the fund and related co-investments. This marks Canyon’s largest US real estate debt vehicle to date and is a significant increase from the $530 million predecessor fund including related co-investments.

“The growth of our debt platform can be attributed to a combination of ongoing support and confidence from our existing partners as well as a growing market appreciation for our strategy and capabilities. We are proud to say that around 70% of our predecessor fund re-upped into the Canyon Laurel Fund II,” said Robin Potts, Canyon’s Co-Head of Real Estate. “The COVID-19 pandemic has created an even more compelling environment for real estate debt as lenders, owners, and developers have been faced with…

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