Canyon Partners Real Estate has held a final close of the Canyon U.S. Real Estate Debt Fund III (CRED III), a real estate credit investment strategy with approximately $1.2 billion of assets, surpassing its $1 billion fundraising target. CRED III represents Canyon’s largest U.S. real estate debt fund to date, nearly doubling its $650 million predecessor fund.
“The growth of our debt platform reflects the increasing recognition of our disciplined investment approach and our ability to deliver strong performance across market cycles,” said Robin Potts, partner, and Canyon’s CIO of real estate. “In today’s evolving economic landscape, including a ‘higher for longer’ interest rate environment, we see significant opportunities to provide flexible capital solutions to borrowers while creating attractive risk-adjusted returns for our investment partners. We believe we are witnessing a generational opportunity for real estate debt investing and are thrilled wit
