K. Robert (Bobby) Turner
Bobby Turner is a Managing Partner of Canyon Capital Realty Advisors, LLC and Canyon Capital Advisors, LLC (collectively, "Canyon"), money management firms and registered investment advisors headquartered in Los Angeles, California, with approximately $20 billion in assets currently under management. An expert in the acquisition, development, finance and management of commercial real estate assets, Mr. Turner directs Canyon’s real estate activities in providing debt and equity capital to real estate owners, operators, developers and corporations, enabling them to participate in transactions which would have traditionally eluded them due to capital constraints.
Bobby serves as the Managing Partner of the Canyon-Johnson Urban Fund, a closed-end real estate fund and joint venture with “Magic” Johnson focusing on inner-city and urban real estate development. The fund's investment strategy is to identify, enhance and capture value through the acquisition, development, redevelopment of urban real estate. In addition to meeting its investment objectives, the Fund seeks to provide and foster economic opportunities for the underserved residents of the urban neighborhoods in which it invests.
Mr. Turner has over 20 years of experience in the acquisition and development of industrial, retail and office properties, the structuring and restructuring of mortgages and mortgage securities, and the special servicing and asset management of commercial real estate assets. At Canyon, Mr. Turner has been involved in over 221 real estate and mortgage transactions totaling in excess of $5 billion including the development, construction, rehabilitation, and repositioning of over 42 million square feet of commercial property and 24,000 units of residential located throughout the United States.
Mr. Turner serves on the Board of Advisors for the Virginia Avenue Project, a Los Angeles based not-for-profit organization providing after school services for inner-city and at-risk youths and serves on the Board of the Pacific Charter School Development Corporation, a Los Angeles based not-for-profit organization focused on providing underserved California students with high-quality charter school facilities. Mr. Turner also serves on the board of the Initiative for a Competitive Inner City (ICIC) a national not-for-profit organization founded in 1994 to promote a market-based approach and cutting-edge solutions for inner-city revitalization. He is a graduate of the Wharton School at the University of Pennsylvania (B.S., Finance).
