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Transactions - AUGUST 12, 2022

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Middleburg Communities and Parse Capital create JV to develop 300-unit class A multifamily community near Orlando

by Released

Middleburg Communities has announced the start of construction on Mosby Citrus Ridge, a class A multifamily community located in Davenport, Fla., less than one hour from Orlando and Tampa. The project is being developed by a joint venture between Middleburg, as development manager, and Parse Capital, a subsidiary of The Wolff Co., as an investment partner.

Mosby Citrus Ridge is strategically located at 100 Orlando Breeze Circle along Highway 27 and Interstate 4. The community is less than a one-hour drive from many of the major economic drivers in Orlando and Tampa, including the corporate headquarters of numerous Fortune 500 companies, amusement parks, sporting arenas, world-class dining and entertainment, and award-winning beaches. Middleburg leveraged its proprietary data and analytics platform to select the development site and identify its value potential.

“We are excited to further strengthen our footprint in the Orlando MSA, one of the fastest-growing markets

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