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Canyon Launches Fund with Santander, Targets $100M in Northeast MF’s

Los Angeles-based Canyon Partners Real Estate LLC launched Canyon Multifamily Impact Fund IV, a platform with financing partner Santander Bank that plans to acquire and manage roughly $100 million of workforce housing apartment communities throughout the Northeast U.S. markets, serving low-to-moderate income residents. The platform seeks to enhance multifamily properties by making material, long-term capital improvements, and instituting social impact initiatives in low-and moderate-income communities across the country.

Resident programs encompass a variety of education, healthcare and community initiatives designed to benefit both residents and the communities in which they live and work. On-site programs often include afterschool tutoring, financial education courses, employment assistance, health services, community sports activities and partnerships with local agencies and community groups.

Since inception, the Canyon Multifamily Impact platform has acquired more than $475 million of workforce housing, representing over 4,000 units and 3.4 million square feet. Canyon’s partnership with Santander is the fourth within the Canyon Multifamily Impact platform.

*Pictured Santander’s Seth Goodall

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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