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.