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K. Robert "Bobby" Turner

bobbyturner@canyonpartners.com

Bobby Turner is Chairman, CEO and Co-Founding Partner of Canyon Capital Realty Advisors, LLC ("CCRA"). CCRA is an affiliate of Canyon Partners and Canyon Capital Advisors, LLC, (collectively, "Canyon"), of which Mr. Turner is a partner. Canyon and its affiliates are investment management firms and registered investment advisors headquartered in Los Angeles, California, with approximately $18 billion in assets under management.

Mr. Turner oversees all of CCRA's real estate debt and equity investments and has been a pioneer over the past decade in the area of "triple bottom line" investing - an investment philosophy of providing sound financial returns for investors, fostering opportunities for residents of the communities in which it invests, and embracing environmental responsibility. These funds include the Canyon-Johnson Urban Funds, a series of closed-end real estate funds and joint venture with Earvin "Magic" Johnson focusing on inner-city and urban real estate development and the Canyon-Agassi Charter School Facilities Fund, a joint venture with Andre Agassi focusing on the development of learning friendly, environmentally responsible charter school facilities for best in class charter school operators.

Mr. Turner serves on the advisory board 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. Mr. Turner is also an active member of the International Council of Shopping Centers (ICSC), the Pension Real Estate Association (PREA), and the Urban Land Institute (ULI). He is a graduate of the Wharton School at the University of Pennsylvania (B.S., Finance) where he and his wife have endowed a curriculum development fund and speaker series for social impact studies and where he serves on the school's Undergraduate Executive Board of Advisors.

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