Founded in 1998, Canyon-Johnson Urban Funds offers private real estate funds for the development of urban properties in underserved neighborhoods. The funds are used to seek current income and capital appreciation and in addition to provide fostering economic opportunities for the residents of the urban neighborhoods. Canyon-Johnson Urban Fund is a double bottom line fund that has improved communities and generated profits for investors. Additionally, the fund has created more than 9,000 construction jobs and over 4,500 permanent jobs through community hiring. Canyon-Johnson Urban Funds was formed with the collaboration of Canyon Capital Realty Advisors and Johnson Development Corporation. Canyon-Johnson Urban Funds is headquartered in Beverly Hills, Calif.