JLL Closes Sale of Age-Restricted Northstar Georgetown by Austin

JLL Capital Markets has closed the sale of Northstar Georgetown, a 210-unit, upscale, low-rise active adult community in Georgetown, Texas.

JLL marketed the property on behalf of the seller, Chalk Hill Ventures. A joint venture between Bain Capital Real Estate and Capitol Seniors Housing acquired the property.

Completed in 2021, Northstar Georgetown is an age restricted (55+) community comprising of one- and two-bedroom units averaging 1,016 square feet. Apartment amenities include walk-in showers and soaking tubs, private yards and balconies, private parking and garage spaces, full sized washers and dryers, granite counter tops and stainless steel appliances. The resort style community offers a media center and theatre room, pool and spa, outdoor firepit with seating area, landscaped courtyards and pickleball and bocce ball courts.

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