Closed Multifamily Development
Alta Berry Creek
Georgetown, TX
300-unit conventional multifamily community just off TX-195 in Georgetown, Texas, developed by Wood Partners and completed in November 2023. Alta Berry Creek offers studio, one-, two-, and three-bedroom apartments with granite countertops, designer tile backsplashes, and custom cabinetry, alongside a resort-style pool, entertainment lounge, coworking spaces, and a state-of-the-art fitness center in the growing Texas Hill Country north of Austin.
- Investment
- GP Co-Investment
- Location
- Georgetown, TX
- Asset class
- Conventional Multifamily
- HC2 participation
- $2,595,000
- Units/Beds
- 300 units
The Opportunity
Why we invested
GP co-investment alongside Wood Partners, one of the nation's most active multifamily developers, in Georgetown, consistently ranked among the fastest-growing cities in the United States. The thesis targeted the northward path of growth along the Austin corridor, pairing a national development platform with a submarket benefiting from major employer expansion in Williamson County.
Our portfolio showcases our ability to uncover unique opportunities, navigate complex transactions, and deliver strong, risk-adjusted returns for our partners.
Execution
Our role in the deal
Sourcing
We identify high-quality assets in supply-constrained markets and partnering with proven operators.
Asset Management
We provide investors quarterly reports, market updates, construction camera access, and audited financials.
Underwriting team
Gabriel Hidalgo, Doug Conner and Jim Crigler review and underwrite every HC2 Capital investment together.
Meet the teamThe property
Project gallery
Alta Berry Creek and its landscaped courtyard in Georgetown, Texas. 
Bedroom in an Alta Berry Creek apartment. 
Living room in an Alta Berry Creek floor plan. 
Kitchen with granite countertops at Alta Berry Creek. 
Fitness centre at Alta Berry Creek. 
Living and dining area in an Alta Berry Creek apartment.
Related investments
Other HC2 Capital investments in the same asset class.
Investors
Investor Portal
Existing investors can access statements, K-1s and distribution history.
