Monfort Investment Corp. (MIC), a community-minded investment and development company based in Colorado, alongside Mayfly Capital, has acquired three workforce housing properties in Northern Colorado and the Denver metropolitan area. Located in Longmont, Lakewood, and Commerce City, the 49-unit portfolio aligns with MIC’s mission to invest in high-value real estate assets while delivering long-term community and economic impact.
“These acquisitions represent an important milestone for MIC, allowing us to address the growing demand for high-quality, workforce housing in some of Colorado’s most dynamic markets,” said Kenneth Monfort, senior vice president of Monfort Companies. “By focusing on acquiring properties with strong underlying value, we’re not only ensuring long-term returns but also creating housing solutions that directly benefit the community.”
The portfolio includes 18 Ast Court in Longmont, 1646 Routt Street in Lakewood, and 6981 Ash Street in Commerce City. As a Co-General Partner, MIC identified and secured the investments, purchasing each property below replacement cost in rapidly developing neighborhoods.
Nick Eggemeyer, principal of Mayfly Capital, MIC’s partner in this transaction, added, “Monfort has been an invaluable partner in enabling Mayfly Capital to scale its business, bringing together like-minded individuals who are dedicated to improving workforce housing, starting with our local communities.”
“MIC’s establishment has amplified Monfort Companies’ ability to pursue innovative investments and strategic opportunities across sectors,” added Monfort. “Together, we’re building a platform that combines legacy expertise with forward-thinking approaches to create enduring value.”
Monfort Companies puts the needs of the community first by investing in and developing commercial real estate projects that add long-term value and vitality to the Rocky Mountain region and beyond. Grounded by deep Colorado roots and inspired by the forward-thinking of a new generation, Monfort Companies believes in cultivating strong public and private partnerships, focusing on projects that serve as economic drivers and growth engines for Colorado’s urban and rural communities.
