Middleburg Secures Financing and Acquires Land for 330-Unit Mosby Deerbrook Luxury Apartment Development in Tampa Submarket

SPRING HILL, FL – Middleburg, a leading developer and operator of rental housing throughout core Southern markets, announced the closing of the land and construction financing for the development of Mosby Deerbrook, a 330-unit luxury apartment community located at 12014 Engle Road in Spring Hill, Florida. US Bank provided the construction loan for the project. Construction is expected to commence imminently, with the first units delivering in early 2027.
Mosby Deerbrook is strategically positioned near Moffitt Cancer Center’s Speros Campus, a 775-acre campus that, at full build-out over the next few decades, will include 140 buildings, including clinics, research facilities, housing, and more. The first phase is scheduled to open in January 2026. It will feature a 91,000 sq ft outpatient center and a 26,000 sq ft proton therapy center, one of approximately 50 of its kind nationwide. Located less than 30 minutes from Tampa’s Westshore Business District, Mosby Deerbrook will serve Pasco County, one of Florida’s fastest-growing markets, with 130 percent population growth since 2010 and projections to add over 223,000 new residents by 2045.
The fundamentals in Pasco County are exceptional, and it’s been an incredibly active two years for Middleburg in this region, stated Kory Geans, Chief Investment Officer for Middleburg. We’re excited to continue taking a local approach to building out a portfolio that meets renter demand in the area for high-quality, attainable housing. Mosby Deerbrook represents our commitment to serving the rapidly growing Tampa region with communities that enhance quality of life for our residents.
Located less than a quarter mile from Suncoast Parkway, residents will have direct access to Hillsborough County, the Westshore Business District, and Tampa International Airport within a 30-minute drive. The community also provides walkability to the 42-mile paved Suncoast Trail and convenient access to highly rated public charter schools. The property will feature 113 one-bedroom, 182 two-bedroom, and 35 three-bedroom apartment homes across garden-style buildings. Additional amenities include a game lounge, pet spa, co-working lounge, activity yard, and courtyard spaces.
Pasco County has been a major focus for Middleburg, which in the last two years has commenced and completed nearly 600 units through Hamlet at Avalon Park and Mosby at Avalon Park. Both communities are situated within the Avalon Park master-plotted development in Wesley Chapel, just 30 minutes from downtown Tampa.

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NE Property Management Announces 312-Unit The Lariat at Presidio Ranch Luxury Apartments in Amarillo Launching in Summer 2026

AMARILLO, TX – NE Property Management Announces New Luxury Apartment Community in Amarillo, Texas. Martin Inderman Development is developing and building The Lariat at Presidio Ranch, a new luxury apartment community located at 8976 Tarter Ave in Amarillo, TX.
This three-tale, garden-style development will bring 312 modern apartment homes to the growing Amarillo market, with the first units anticipated to be available in late summer 2026. The Lariat at Presidio Ranch is designed to offer high-end living spaces combined with a comprehensive amenity package, catering to individuals seeking an engaging and active lifestyle in the Texas Panhandle.
The Lariat at Presidio Ranch is designed to blend high-end interiors with a robust, activity-focused amenity package, catering to residents seeking a dynamic living experience in the Texas Panhandle. “We believe The Lariat at Presidio Ranch will not only provide high-quality housing but also foster a vibrant community spirit, With features like a resort-style pool, pickleball court, and even a cold brew keg in the clubhouse, we’re making spaces that encourage residents to connect, relax, and delight in life to the fullest.” said a representative at NE Property Management.
The 312-unit community will feature sophisticated interior finishes designed for comfort and convenience. Residents will delight in vinyl plank flooring throughout, granite countertops, and sleek stainless steel appliances. Each home will also feature private balconies and come equipped with modern tech conveniences, including smart lock technology and bulk Wi-Fi service.
The Lariat sets itself apart with a focus on social engagement and outdoor leisure. The community grounds will feature a resort-style swimming pool and a variety of recreational options, including a pickleball court, a giant chessboard, cornhole setups, and multiple outdoor seating areas with BBQ pits and grills.
Inside, the clubhouse will offer a dedicated party room and a unique perk for coffee lovers: a cold brew keg on tap. The property is also designed with pet owners in mind, featuring a large dog park and a convenient dog wash station.

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The NRP Group Breaks Ground on 288-Unit Desert Sky Affordable Housing Community in Fastest-Growing West Phoenix Metro Market

PHOENIX, AZ – The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, in partnership with the city of Phoenix, announced the financial closing and groundbreaking of Desert Sky, a 288-unit affordable housing community in West Phoenix. Half of the units are reserved for families earning up to 80% of the area median income, providing thoughtfully designed housing in one of the fastest-growing cities in the U.S.
Phoenix continues to rank among the fastest-growing metro areas in the country, with strong population growth and a thriving job market driving demand for quality rental housing, said Chris O Neill, Executive Vice President of Development at The NRP Group. Desert Sky reflects our commitment to this market and provides thoughtfully designed homes for the people who keep this city moving, including teachers, first responders, healthcare professionals and students. It s about building housing that strengthens the community and meets real demand.
Situated at 6939 West Thomas Road, Desert Sky offers direct access to major employment corridors, retail centers and neighborhood public spaces. It is one mile from Desert Sky Mall, half a mile from Desert West Park, a 15-minute drive from Grand Canyon University and a 20-minute drive from downtown Phoenix. Major thoroughfares and bus routes offer added connectivity.
Desert Sky demonstrates what s possible when private development works hand in hand with public partners, said Austin Kates, Vice President of Development at The NRP Group. Through collaboration with the city, we ll deliver an affordable community that blends modern design with the character of the surrounding neighborhood, enabling residents to live near where they work and study while enjoying convenient access to local amenities.
The 10-acre development comprises nine, three-tale garden-style apartment buildings and a central clubhouse. The property s design preserves the neighborhood s character with warm, earth-toned exteriors, interconnected pathways and thoughtful landscaping. Units include one- and two-bedroom residences with high-quality finishes, walk-in closets, stainless steel appliances, granite countertops and in-unit laundry machines. Select ground-floor homes will feature private yards. Covered parking and on-site private parking garages are available.
Desert Sky is a demonstration of our commitment to providing high-quality, affordable housing to greater Phoenix, said Councilwoman Anna Hernandez. This development will bring 288 new units to Maryvale and help meet the city s increasing demand for housing, providing new opportunities for residents while strengthening our local economy. By expanding housing availability near key employment hubs, we re ensuring that Phoenix remains a competitive and thriving city for years to come.
Desert Sky s design emphasizes wellness, walkability and community connection with a robust amenity package that includes a 5,500-square-foot clubhouse, outdoor pool, resident lounge, dog park, a business center with coworking spaces, fitness center, grill stations and mail and parcel lockers.
The Phoenix metro area is a priority market for The NRP Group, underscoring the firm s strategic commitment to one of the fastest-growing counties in the U.S. The firm s expansion reflects strong confidence in the region s long-term rental housing market, driven by robust job growth and sustained year-over-year in-migration patterns. The NRP Group has developed more than 62,000 apartment homes since 1994, and currently manages over 30,000 residential units across the U.S.
The NRP Group broke ground on the new residential housing development this month, with completion scheduled for 2027.

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