Fundraising - MAY 7, 2013

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Canyon Capital raises $50 million for multifamily fund

by Andrea Waitrovich, released 5/8/13

Canyon Capital Realty Advisors has raised $50 million for its Canyon Multifamily Impact Fund, according to a filing with the Securities and Exchange Commission. The fund has a $200 million fundraising goal. A final close date was not disclosed.

Citi Community Capital is a partner with Canyon Capital Reality Advisors for Canyon Multifamily Impact Fund.

The Canyon Multifamily Impact Fund seeks to promote long-term, material, positive impact in underserved communities by investing in rental properties as an active owner. It will target multifamily properties or portfolios located in California, Illinois and Texas, in acquisitions

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy