Miramar Capital acquired Towns at Eastland for $27.6 million and Crossings at NoDa for $28.2 million from Hopper Communities.

The Charlotte Business Journal reports that Crossings at NoDa is an 88-unit development, located at 204 Monarch Creek Lane (shown) at the intersection of North Tryon Street and Sugar Creek Road. The community offers two-bedroom townhomes with rent starting at $2,195 per month and three-bedroom townhomes at $2,295 per month. Crossings at NoDa delivered in 2023.

Towns at Eastland, located at 6134 Wilora Lake Road near Eastland Yards, has 89 two- and three-bedroom units. Monthly rent starts at $2,095 for a two-bedroom and $2,195 for a three-bedroom. It delivered in early 2025.

Both properties are half full.

Locally, Miramar owns Newton Creek Townhomes, now called The Grove Residences, a 55-unit build-to-rent townhome community at 5234 Newton Creek Drive in east Charlotte. The firm acquired that development in May 2025 for $15.1 million.

Gantry arranged a $55.9-million purchase money permanent loan to acquire the Huntington Oaks retail center located at 500-600 W. Huntington Dr. in Monrovia. The acquisition encompasses 251,000 square feet of leasable space, with major tenants including a mix of national retailers, restaurants and services.

Principals George Mitsanas and Braden Turnbull and associate Austin Ridge with Gantry’s El Segundo production office represented the borrower, a private real estate investor. The five-year, fixed-rate loan was secured through one of Gantry’s correspondent insurance lenders, underwritten to full-term interest-only.

Mitsanas said, “There are many experienced sponsors and investors with significant equity on hand to transact in this phase of the cycle, and we expect to see the pace of investment sales increase into 2025. Retail has remained a strong performer post-COVID. That has not gone unnoticed by our extensive roster of lenders, who continue to prioritize allocations to power center, grocery-anchored and neighborhood retail assets in both urban and suburban markets.”