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CrossHarbor Adds Flohr as Portfolio Manager in Chicago

Investment management firm CrossHarbor Capital Partners has added Richard Flohr as managing director and portfolio manager for the company’s new CrossHarbor Strategic Debt Fund. Flohr (pictured) is based out of the Boston-based firm’s Chicago office.

Before joining CrossHarbor, Flohr spent 28 years with the Prudential Mortgage Capital Company. During his tenure there, he originated over $12 billion of loans across all property types and was responsible for the sale of $2.9 billion of first mortgage CMBS loans.

Supporting Flohr are three additional new hires, each responsible for sourcing and structuring debt investment opportunities for the fund. They include William Cohen, principal in CrossHarbor’s Chicago office; Robin Ibbetson, VP in the Los Angeles office; and Matthew Klein, VP in Boston.

William Kremer, cofounder of CrossHarbor, expressed confidence that Flohr’s “experience and successful track record of loan originations will serve him well as the portfolio manager of our debt fund platform.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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