MCM Partners Announces Repayment of Credit Facility for Starbucks Site

​Based in Charlotte, North Carolina, MCM Partners is a private investment company that brings together resources from accredited investors to invest in commercial real estate opportunities. It also provides crucial lending to support real estate developments.

In April 2024, MCM Partners announced the complete repayment of a private credit loan it had advanced to a developer to construct a freestanding Starbucks restaurant in Avondale, Arizona. The successful partnership between the two was a testament to MCM Partners’ commitment to enabling growth projects in markets outside North Carolina.

The new 2,500-square-foot Starbucks is located at 11490 West Hilton Drive in Avondale. The developer, The Morgan Companies (TMC), opened it in October 2023. About 30 days before it had opened a Starbucks location in Hickory, North Carolina.

In a statement, MCM Partners principal Derek Copeland expressed the company’s excitement over the successful repayment of the credit facility. He said the achievement highlighted the company’s expertise in structuring financial products for developers. He further said it reinforced the company’s commitment to partnering with developers to bring to fruition projects that will positively impact communities.

Derek Copeland

Shop