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.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

Denver
Multifamily
Capital Markets
Development