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Miramar Capital Acquires 177 Charlotte Build-to-Rent Units From Hopper Communities for $56M

Miramar Capital acquired two Charlotte build-to-rent communities, Towns at Eastland and Crossings at NoDa, for a combined $56 million from Hopper Communities.

By Colin Percy · May 15, 2026

Miramar Capital has purchased two residential developments in Charlotte, North Carolina, from Hopper Communities for a total of $56 million. The acquisition includes the 88-unit Crossings at NoDa, located at 204 Monarch Creek Lane, which features two- and three-bedroom townhomes and was completed in 2023. Also included is Towns at Eastland, an 89-unit property at 6134 Wilora Lake Road, which delivered in early 2025. Both properties are currently reported as 50% occupied.

This transaction adds to Miramar's existing portfolio in the area, which already includes The Grove Residences—a 55-unit community at 5234 Newton Creek Drive acquired in May 2025 for $15.1 million. The newly acquired communities offer monthly rents ranging from $2,095 to $2,295 depending on unit size and location.

Companies mentioned

developer

Miramar Capital

owner

Hopper Communities

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