CrossHarbor Capital Partners and Boyne Resorts combined forces to acquire the Big Sky, Mont., resort. Moonlight Basin stands on 7,568 acres and offers 1,900 skiable acres, a spa, complete fitness facilities, and a nine-hole, Jack Nicklaus signature course, The Reserve at Moonlight Basin, which is scheduled to add a second nine.
CrossHarbor Capital Partners and Boyne Resorts have combined forces to acquire Moonlight Basin Ski Resort, a modern resort community in Big Sky, Mont.
CrossHarbor owns Yellowstone Club and The Club at Spanish Peaks, while Boyne Resorts owns Big Sky Resort, all located in Big Sky, Mont.
Moonlight Basin stands on 7,568 acres of largely unspoiled wilderness, with luxury amenities and environmentally sensitive development. Seventy-five percent of the 3,727 acres planned for residential and commercial development are devoted to 17 reserve ranches exceeding 160 acres each. The two base villages are planned for an additional 1,650 residential units.
Moonlight Basin offers 1,900 skiable acres with a base elevation of 7,000 feet and a summit elevation of 11,166 feet. The resort also features a spa and complete fitness facilities, as well as a nine-hole, Jack Nicklaus signature golf course, The Reserve at Moonlight Basin, which is planned for a second nine.
Moonlight Basin, which stands on its own as one of Montana’s great ski resorts with 97 mapped trails, bowls, chutes and glades served by seven lifts on approximately 1,900 acres, has marketed itself with next door neighbor Big Sky Resort for several years as the “Biggest Skiing in America.” The two resorts offer a combined 27 lifts serving over 200 trails over 5,512 skiable acres, including a vertical descent of 4,350 feet from the summit.
CBRE Group Inc.’s Land Services Group, led by the team of Jeff Woolson, Steve Lehr and Russ Johnson, represented the seller Lehman Brothers in the transaction.