Denver Mixed-Income Project Secures Financing

A joint venture between Massimino Development and Origin Investments has secured $50 million to develop an apartment building with market-rate and affordable units.

A joint venture between Massimino Development and Origin Investments has secured $50.4 million to develop Farm Haus, a mixed-income apartment building in Longmont near Denver. The project has both market-rate and affordable housing units.

The property is on 13.52-acre parcel and will feature a modern farmhouse design while incorporating resort-style amenities and lush landscaping. Interior amenities will include a lobby, patio, pool terrace and tree orchards. It is scheduled for completion in 2021.

The JLL Capital Markets team representing the developer was led by managing director Josh Simon and senior director Leon McBroom.