JACKSONVILLE, FL – Middleburg Communities, a Vienna, Virginia-based real estate investment, development, construction and management firm, in partnership with Parse Capital, a subsidiary of The Wolff Company, have started construction on The Hamlet at Wildlight, a 250-unit, single family rental community on a 31-acre development site in the 2,900-acre Wildlight Master-plotted community in the Jacksonville MSA. The Hamlet at Wildlight will include cottages, townhomes and duplexes. Construction is expected to be completed in Q4 2023.
Middleburg is poised to be a national leader in newly-developed single family rental communities, with plans to start construction on nearly 2,700 units in 10 communities throughout the Southeast U.S. this year. The firm is actively expanding its construction team based out of its Charlotte, NC division office to support this growth, including the recent opening of a new division office in Orlando, FL which will staff project managers, project engineers, and field superintendents.
Middleburg is building dedicated built-to-rent communities that offer the privacy and outdoor space of traditional single-family detached homes, but do not require a down payment or maintenance from the residents. By having onsite staff, BTR communities feature better professional management than a typical single-family rental.
Middleburg’s The Hamlet-branded SFR communities blend the comforts of a single-family home and the welcoming feel of a neighborhood, with the flexibility and ease of maintenance-free living. Each location features best-in-class amenities and environmentally friendly design.
The Hamlet communities are anticipated to draw interest from current multifamily apartment residents as well as existing single-family home renters and would-be buyers. Building on Middleburg’s proven market strategies, The Hamlet communities are well-located in high job growth Southeastern markets near major arterial highways, grocery, retail, entertainment and healthcare services, quality school districts and job centers. Community designs utilize Traditional Neighborhood Design principles with cottages oriented toward shared outdoor spaces and fronting pedestrian-friendly, tree-lined streets. Sustainability and walkability are emphasized in each community’s design.
Wildlight is a newly developed 2,900-acre community plotted for 3,200 units and 6.2 million square feet of commercial development along with parks, a 10-mile trail network, wellness facilities and an abundance of permanently preserved open space including ballfields. Wildlight is situated just 20 minutes north of Jacksonville along I-95 in rapidly growing Nassau County. Existing and announced employers include UF Health, YMCA, HCA Healthcare, Baptist Health and Publix. The Hamlet at Wildlight will be proximate to the new Wildlight Elementary, which carries a 9/10 Fantastic Schools rating.

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ORLANDO, FL – Dallas-based CONTI Capital, a real estate investment company providing capital solutions to buy, manage, and sponsor real estate investments across the U.S., has bought Alta Winter Garden, a 250-unit newly constructed, institutional-quality asset located at 1223 E Plant St, Winter Garden, Florida.
Just west of Orlando, Winter Garden is nestled against Lake Apopka and offers a silent lifestyle within convenient reach of top employers, Orlando International Airport, and major entertainment such as Walt Disney World and Universal Studios.
“The CONTI Index, CONTI Capital’s proprietary market evaluation tool, has idenitified the Orlando market as one of the top 10 multifamily markets to watch in 2022,” says Carlos Vaz, CEO of CONTI Capital. “The Index analyzes hundreds of weighted indicators across six primary factors and has been key to our strategic expansion. To better support this growth and our investors, CONTI has recently opened a new office in Miami, Florida.”
Alta Winter Garden is CONTI’s next asset in its $150M RE High-Growth Fund IV. The Fund will seek a target return of 10-14% ROI with a 3-5-year hold period. It is structured as a private offering for accredited investors, wealth managers, and institutions.

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SALT LAKE CITY, UT – RealSource Properties, Inc., a leading real estate investment and management firm with nearly $1 billion in commercial multifamily acquisition history, announced the launch of its Real Estate Investment Trust (REIT). For the first time since commencing its investment and management platform two decades ago, the Salt Lake City-based company is now extending an opportunity to accredited investors to join with RealSource in a portfolio of multifamily assets.
“We believe there may be no better time for RealSource to launch a multifamily investment vehicle than now due to the favorable fundamentals being experienced in specific markets across the United States. When we apply our local real estate cycle econometrics and knowledge to ascertain which markets are quickly recovering from the pandemic, it is clear to see that demand for apartments is rising, said Nate Hanks, CCIM, CEO of RealSource Properties. This multifamily-focused REIT will open up our company s track record in value creation to non-institutional investors looking for ways to diversify their portfolio with cash flowing real estate.
The $390-million RealSource Properties REIT targets multifamily properties, with ten properties already owned with more in the pipeline. Utilizing the firm s vertically integrated business model, assets in the REIT will be managed by the same value-add real estate strategy currently deployed at RealSource multifamily assets nationwide. RealSource s in-house team of economists, researchers, and acquisition specialists source viable investments; then, its team of asset management professionals manage and operate the assets identified for the acquisition.
Commercial real estate investments have emerged as a solution for investors looking for portfolio alternatives, and REIT-structured investments like the one offered by RealSource have historically provided investors with risk mitigation, potential attractive and sustainable yields, competitive market performance, streamlined investment management, and potential significant tax advantages. Additionally, investors will have full transparency into the operation and performance of each asset in the REIT.
The ten properties already owned by the RealSource Properties REIT include 2,897 apartment units in Ohio, Texas, North Carolina, and Colorado. The acquisition process for these properties relied on an econometric model that evaluates nearly 40 different market sub-categories, factoring such things as market, migration, income, social indicators, state GDP and tax rates, growth, and more. The development of this unique set of parameters over time allows for in-depth comparison over broad periods and markets, submarkets, and regions.
Hanks clarified, In 2022, we anticipate continued strength for the rental product since demand outweighs supply. To be sure, the pandemic caused dramatic demographic shifts, which pose some lesser-known threats that are beginning to evolve in the industry. Yet we believe there are opportunities to trade in and out MSA’s when savvy investors bring the right business model and do it correctly. Timing the local real estate cycle correctly can make higher returns in times of larger upward swings in what is often called the absorption cycle.
In addition to deep market research, each asset bought by the REIT is evaluated to align with its value-add strategy. The REIT looks to source assets bought at meaningful discount to replacement cost – and assets that are determined to benefit from operational efficiencies and improvements through asset management initiatives, property improvement plans, and a series of other contributing variables. For RealSource Properties investors, the REIT s structure allows the potential for accretive improvements of its value-add strategy results to enhance performance in the long term, as compared to individual property performance.
Hanks concludes, The axiom, everyone needs a place to live, has never rung truer than during the pandemic. Effectively located apartment homes in booming U.S. metros can be more undervalued than many deep inside the real estate industry realize. Rising costs of living, coupled with rising replacement costs to build new housing, have resulted in a giant macro increase to multifamily values in most markets at the close of 2021. An vital market cycle has surfaced: rising single-family prices are causing more people to rent for longer, affecting demand for already near-full apartment inventory. Consequentially, multifamily vacancies in many metros are near all-time low levels and naturally pushing rent rates upward in many of the largest 50 metros.

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