Middleburg Communities Will Begin Development at Mosby Citrus Ridge, a 300 Unit Class A Multifamily Community at the Orlando MSA

VIENNA, Va.– (WORK TEL)—Middleburg Communities (“Middleburg”), a fully integrated multifamily development, investment, construction, and management company operating in the Southeast and Atlantic United States, today operates in Mosby Citrus Ridge, a Class A multifamily community. announced the start. Located in Davenport, Florida, less than an 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 Company, as investment partner.

Mosby Citrus Ridge is strategically located at 100 Orlando Breeze Circle along Highway 27 and Interstate 4. The community is less than an hour’s drive from many key economic drivers in Orlando and Tampa, including the corporate headquarters and amusement parks of many Fortune 500 companies. , sports 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 Orlando MSA, one of the nation’s fastest growing markets,” said Chris Finlay, CEO of Middleburg Communities. “As a result of this growth, there is a significant need for the type of high-quality, accessible multi-family units we are developing on Mosby Citrus Ridge, particularly along the heavily traveled I-4 corridor between Orlando and Tampa. “Our vertical integration will help us maximize efficiency and minimize disruption throughout the construction process, enabling us to get these units to market faster and manage them effectively so we can begin to deliver returns for our investors and an exceptional living environment for local residents.”

Mosby Citrus Ridge will consist of five, 4-story luxury residential buildings and feature many resort-style amenities, including high-end interiors with luxury finishes, state-of-the-art technology throughout the community, a saltwater pool, a saltwater pool. a fully equipped fitness center, outdoor pavilions with fire pits and grill stations, a yoga lawn and more. The 300-unit lifestyle-focused, accessible residential community will offer a variety of floor plans with 1, 2, and 3 bedrooms, with monthly rents starting under $2,000. Construction of the million-dollar project is expected to be completed by May 2024.

About Middleburg Communities:

Middleburg Communities is a fully integrated multifamily development, investment, construction and management company with operations in the Southeastern and Mid-Atlantic United States. Since 2004, Middleburg has purchased and developed more than 22,000 apartment units and has processed over $3 billion in transactions. The Middleburg team shares their vision of creating more value through community impact. The firm’s success is rooted in its desire to serve its local communities thoughtfully and holistically. Middleburg embraces people, properties and partnerships to improve the lives of others, contribute positively to their neighborhoods, and maximize real returns for partners. For more information, please visit www.MiddleburgCommunities.com.

About Segregation Capital:

About Parse Capital: Parse Capital, a subsidiary of The Wolff Company, is a joint venture and preferred capital provider as well as sponsors for the development, recapitalization and acquisition of residential communities in the United States. Wolff Company is a fully integrated real estate firm with a legacy dating back to 1949. Wolff focuses its investment activities on the residential sector and has purchased or developed more than 50,000 residential units since its inception. For more information, please visit Parse at www.parsecap.com and The Wolff Company at www.awolff.com.

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