Investment adviser · CRD 107880

CANYON PARTNERS REAL ESTATE LLC

Investment adviser filing (IA)

DALLAS, TX, United States · Form ADV filed Mar 28, 2026

Regulatory AUM: $2.91B
Client accounts: 23
Employees: 198
Advisory professionals: 80

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	23	$2,910,274,000	100.0%

Filing source

Form ADV 2086112 · Mar 28, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

42 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

CRED III MASTER FUND LPReal Estate Fund · Last reported Mar 28, 2026$1BGross asset value

Feeder funds

CANYON US REAL ESTATE DEBT FUND III (B) LP
CANYON US REAL ESTATE DEBT FUND III LP
CRED III REIT LLC
CRED III AGGREGATION FUND LP
CRED III HOLDINGS LP
CRED III INTERMEDIATE FUND FUND LP

Fund administrator GEN II FUND SERVICES LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP LOS, California, United States

Custodian CITY NATIONAL BANK LOS ANGELES, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

Fund details & source

Fund ID: 805-7007601999
Reported beneficial owners: 181
Minimum commitment: $100K
Form D file number: 021-441676
Form D file number: 021-441678
Form D file number: 021-466307

Form ADV 2086112 · Mar 28, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CANYON LAUREL MASTER FUND II L.P.Real Estate Fund · Last reported Mar 28, 2026$491MGross asset value

Feeder funds

CANYON LAUREL FUND II L.P.
CANYON LAUREL INVESTMENT FUND II (B) L.P.
CANYON LAUREL REIT II LLC
CANYON LAUREL AGGREGATION FUND II L.P.
CANYON LAUREL HOLDINGS II L.P.
CANYON LAUREL INTERMEDIATE FUND II L.P.

Fund administrator INTERNATIONAL FUND SERVICES (NA) LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP LOS, California, United States

Custodian CITY NATIONAL BANK LOS ANGELES, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

Fund details & source

Fund ID: 805-9529307825
Reported beneficial owners: 161
Minimum commitment: $100K
Form D file number: 021-336925
Form D file number: 021-339566
Form D file number: 021-354372

Form ADV 2086112 · Mar 28, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CANYON US REAL ESTATE OPPORTUNITY MASTER L.P.Real Estate Fund · Last reported Mar 28, 2026$413MGross asset value

Feeder funds

CANYON OPPORTUNITY CAYMAN EQUITY CO L.P.
CANYON US REAL ESTATE OPPORTUNITY FUND (B) L.P.
CANYON US REAL ESTATE OPPORTUNITY FUND L.P.
CANYON US RE OPPORTUNITY INTERMEDIATE AGGREGATOR L.P.

Fund administrator INTERNATIONAL FUND SERVICES (NA) LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP LOS, California, United States

Custodian CITY NATIONAL BANK LOS ANGELES, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

Fund details & source

Fund ID: 805-9013589309
Reported beneficial owners: 20
Minimum commitment: $100K

Form ADV 2086112 · Mar 28, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CCF IIIReal Estate Fund · Last reported Mar 28, 2026$257MGross asset value

Auditor PRICEWATERHOUSECOOPERS LLP LOS ANGELES, California, United States

Custodian CITY NATIONAL BANK BEVERLY HILLS, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

Fund details & source

Fund ID: 805-7729840008
Reported beneficial owners: 2
Minimum commitment: $0

Form ADV 2086112 · Mar 28, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CANYON RC REAL ESTATE FUND L.P.Real Estate Fund · Last reported Mar 28, 2026$242MGross asset value

Fund administrator GEN II FUND SERVICES LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ENRST & YOUNG LLP LOS ANGELES, California, United States

Custodian CITY NATIONAL BANK LOS ANGELES, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ENRST & YOUNG LLP
PCAOB 42

Fund details & source

Fund ID: 805-8075233696
Reported beneficial owners: 3
Minimum commitment: $100K

Form ADV 2086112 · Mar 28, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CRED III K (CAYMAN) LPReal Estate Fund · Last reported Mar 28, 2026$47.4MGross asset value

Fund administrator GEN II FUND SERVICES LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP LOS ANGELES, California, United States

Custodian CITY NATIONAL BANK LOS ANGELES, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

Fund details & source

Fund ID: 805-7963411690
Reported beneficial owners: 1
Minimum commitment: $1M

Form ADV 2086112 · Mar 28, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CANYON OZF DOUGLASS L.P.Real Estate Fund · Last reported Mar 28, 2026$45.1MGross asset value

Form D fundraising filings

Canyon OZF Douglass L.P.

Fund administrator GEN II FUND SERVICES LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ENRST & YOUNG LLP LOS ANGELES, California, United States

Custodian CITY NATIONAL BANK LOS ANGELES, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ENRST & YOUNG LLP
PCAOB 42

Fund details & source

Fund ID: 805-2055547084
Reported beneficial owners: 42
Minimum commitment: $100K
Form D file number: 021-429260

Form ADV 2086112 · Mar 28, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 28, 2026. View historical filings

Reported services

Pooled investment vehicle management · Business portfolio management · Selection of other advisers

Compensation

Percentage of assets · Performance-based

Principal office

2728 NORTH HARWOOD STREET, 2ND FLOOR
DALLAS, TX, 75201, United States

CRD 107880

Filing source

Form ADV 2086112 · Mar 28, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.