Middleburg, Parse Capital to Develop 300-Unit Mosby Citrus Ridge Apartments in Central Florida

DAVENPORT, FLA. — A joint venture between Middleburg Communities and Parse Capital has broken ground on Mosby Citrus Ridge, a 300-unit multifamily community located at 100 Orlando Breeze Circle in Davenport. As part of the joint venture arrangement, Middleburg will serve as development manager and Parse Capital, a subsidiary of The Wolff Co., will serve as an investment partner. Situated along Highway 27 and I-4, Mosby Citrus Ridge will consist of five four-story residential buildings and feature a saltwater pool, fitness center, outdoor pavilions with fire pits and grilling stations and a yoga lawn. The community will offer one-, two- and three-bedroom floor plans. Middleburg and Parse Capital expect to complete the property by May 2024.