**MIG Acquires Boulder Apartment Community for $35 Million**
MIG Real Estate has acquired Basecamp, a 74-unit multifamily property located in Boulder, Colorado, for $35 million.
The transaction was arranged by the Denver Investment Sales team at Walker & Dunlop, led by David Potarf, Dan Woodward, Matt Barnett, and Jake Young. The team represented the seller, Confluence Companies, and the buyer, MIG Real Estate.
Basecamp is located at 1620 8th Street and was originally constructed in 2020. The property is situated in the heart of Boulder, offering modern living accommodations in a desirable urban location.
Earlier this year in March, Walker & Dunlop also facilitated the $47.5 million sale of West 8th, a sister property to Basecamp, on behalf of Confluence Companies. Both properties reflect high demand and investment activity in the Boulder-Golden corridor.
Founded in 2006 and based in Golden, Colorado, Confluence Companies currently owns and manages nine properties throughout the Denver metropolitan area.
MIG Real Estate’s portfolio includes more than 3.5 million square feet of commercial space across retail, office, and industrial/flex properties. Additionally, MIG owns over 1,000 hotel keys and more than 6,500 multifamily residential units across various U.S. markets.
