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CrossHarbor Capital Partners
CrossHarbor Capital Partners is a Boston-based real estate investment firm founded by Dan Boyce in 1993, with over $10 billion deployed across North...
CrossHarbor Capital Partners
CrossHarbor Capital Partners was founded in 1993 by Dan B. Boyce, who serves as Chief Investment Officer and Managing Partner. The firm emerged as a real estate investment specialist based in Boston, Massachusetts, with a focus on opportunistic and value-add strategies across diverse property sectors. The firm targets real estate assets including multifamily, office, industrial, hospitality, and retail properties. CrossHarbor has deployed capital across the United States, with particular concentration in the Northeast, West Coast, and Mountain West regions. Notable investments include the repositioning of mixed-use assets and acquisitions of hospitality properties in resort markets such as the Yellowstone Club in Montana. The firm's approach encompasses direct equity investments, joint ventures, and debt origination. The firm operates offices in Boston, San Francisco, and Denver. CrossHarbor has structured transactions through its flagship commingled funds as well as separate accounts and co-investment vehicles. In 2023, the firm closed a new opportunistic real estate fund, vehicle, that raised an undisclosed amount, reflecting continued institutional demand. CrossHarbor structures itself as a real estate-focused asset manager rather than a pure family office, maintaining an institutional platform with dedicated investment, asset management, and acquisitions teams. The firm's long-tenured leadership team has navigated multiple cycles, and the partnership structure provides continuity across market environments.
General information
Firm type
Asset Manager
Year founded
1993
AUM
$5B–$10B (Altss estimate)
Location
Region
North America
Country
United States
City
Boston
Corporate office
Boston, MA, United States
Additional offices
San Francisco, CA · Denver, CO
Principals
Dan B. Boyce
Chief Investment Officer and Managing Partner
Michael H. Sherman
Managing Partner
David P. O'Connor
Managing Director, Head of Acquisitions
Sector focus
Frequently asked questions
Who runs investment decisions at CrossHarbor Capital Partners?
Dan B. Boyce serves as Chief Investment Officer and Managing Partner, overseeing investment strategy and portfolio allocation. The leadership team includes Managing Partners Michael H. Sherman and David P. O'Connor as Head of Acquisitions.
What investment stages does CrossHarbor target?
The firm focuses on opportunistic and value-add real estate investments across acquisition, repositioning, and development. It targets assets with significant valuation upside in multifamily, office, industrial, hospitality, and retail sectors.
Does CrossHarbor operate as a family office or an institutional fund manager?
CrossHarbor is structured as an institutional real estate asset manager, with a track record of raising discretionary funds from institutional investors alongside the firm's own capital. It operates dedicated teams for investment, asset management, and reporting.
Which sectors does CrossHarbor explicitly avoid?
The firm does not publicly disclose sectors it avoids, but its investment history suggests a focus on income-producing commercial real estate and a limited presence in land speculation, renewable energy, or publicly traded REITs.
How is CrossHarbor related to the Yellowstone Club?
CrossHarbor has been a significant investor in the Yellowstone Club, the private ski and golf resort in Montana, deploying capital alongside other investors. This relationship reflects the firm's exposure to luxury hospitality and resort assets.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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