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Canyon Partners Real Estate has closed Canyon Laurel Fund II, a real estate debt vehicle with over $650M of assets across the fund and related co-investments.

Canyon Laurel Fund II is 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. Canyon’s direct real estate investment arm, which has doubled in size in the last few years, manages a real estate portfolio today of over $6 billion of project capitalization.

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