Cross Lake Partners

Overview

Cross Lake Partners is an independent, privately held real estate investment firm based in New York City, managing approximately $1 billion in assets. Established in 2018 by Michael Barr and Jonathan Shumaker, the firm continues the real estate investment platform formerly managed at Paulson & Co. The founders have worked together since 2004 and collectively have more than 50 years of real estate investing experience across a broad array of real estate asset classes. Over their careers, they have led real estate transactions with an aggregate asset value in excess of $20 billion. Cross Lake Partners pursues a value-driven, disciplined approach to investing in the top 30 growth markets of the U.S. The firm focuses on acquiring high-quality, well-located real estate at a discount to intrinsic value, employing hands-on asset management strategies to create further value. They are active investors in the residential markets, with experience in both residential land development and the acquisition and development of single-family, townhome, condominium, and apartment communities. Since 2010, the team has acquired over 40,000 home sites in target sunbelt markets. Cross Lake Partners is an independent, partner-owned company, striving to be fully aligned with investors, local operating partners, and communities in which they develop and operate properties. They understand that their success is firmly rooted in the success of all their constituents and pride themselves on fostering a culture of integrity and transparency.

Investment Focus

• High-quality, well-located real estate at a discount to intrinsic value
• Hands-on asset management strategies to create further value
• Alignment with investors, local operating partners, and communities
• Integrity and transparency in all dealings

Portfolio Companies