JLL Capital Markets announced today that it has closed the sale of Northstar Georgetown, a 210-unit, upscale, low-rise active adult community in Georgetown, Texas. The sale price was not disclosed.

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.

Located on 11.51 acres at 2401 Westinghouse Rd., the community is positioned near Interstate 35 and State Highway 130. The JLL Capital Markets Investment Sales and Advisory team representing the seller was led by Senior Directors Ryan McBride and Joe Dowdle, Director Zach Rigby and Senior Managing Director Sean Sorrell.