Saturday, March 12, 2005

BaseCamp Sells Millstone at Clear Creek Square

Today, BaseCamp Capital LLC announced the sale of Millstone at Clear Creek Square, a planned and entitled condominium project in Golden, Colorado to Sovereign Homes of Colorado for a price representing a 50% cash on cash return to their investors

Millstone at Clear Creek Square is designed as an urban infill condominium project, and is positioned in the metro Denver market place as the “small town” alternative to LoDo and the Golden Triangle in downtown Denver, and Cherry Creek. The project enjoys substantial interest from high income “lifestyle and cultural creative buyers” currently living in Jefferson County and the foothill communities of Genesee and Evergreen.

Friday, March 11, 2005

BaseCamp Completes Rebranding Effort


With the help of Texture Media, of Boulder Colorado, BaseCamp Capital is please to announce their re-branding effort has been completed.

Their new mark, reminiscent of a Sherpa guide, with it’s tag-line “Thoughtful Guided Investment” best reflects the company’s mission to equip, motivate, and support both their incubated partners and co-investors as they strive to reach their financial peaks. In addition, it underscores their commitment to sustainable business models that will ultimately provide both the economic and social returns their portfolio companies and investors seek.

Gary McDaniel, the company’s Senior Managing Director explains “There are so many talented entrepreneurs in the Rocky Mountain West who are simply not well served by traditional financing vehicles. On top of that, they often lack the facilities, monetary resources, balance sheets, or resumés to execute what may otherwise be a solid business plan. By leveraging the combined talents of the BaseCamp team, we are able to bridge those gaps and deliver accelerated results for their principals and our co-investors.”

BaseCamp was founded in Early 2003 by a group of entrepreneurs and real estate veterans including Gary McDaniel, Jim Grange, Andrew Luter and Chad McDaniel. The BaseCamp team represents over 70 years of combined experience in entrepreneurial ventures, public and private markets both in the United States and abroad. They have a proven track record in the specialty real estate market, including the creation of the largest specialty Real Estate Investment Trust (REIT) focused on the manufactured housing industry with over $2B in assets. In addition, they have a wealth of experience in public and private market transactions, mergers, acquisitions and operations, which has led to their success in more than $70M in specialty real estate transactions since their inception.