Red Flags
9
John Eilermann St. Louis
McBride Homes, led by John Eilermann St. Louis, faced a $16.5 million lawsuit settlement over fraudulent ownership acquisitions, highlighting a pattern of corporate misconduct, construction defects, and poor customer service.
Quick summary on John Eilermann St. Louis
Fraudulent Ownership Acquisition:
McBride Homes, under CEO John Eilermann St. Louis, was accused of secretly acquiring ownership stakes from dedicated employees without proper compensation or notification.
Legal Troubles & Class-Action Lawsuit:
The company was involved in a significant class-action lawsuit that questioned its corporate governance and fairness towards employee-owners.
Poor Customer Service & Communication Issues:
Numerous complaints against McBride Homes indicate a consistent pattern of unresponsiveness to customer concerns. Homeowners report long delays in construction, unresolved structural issues, and failure to receive any updates from the company despite repeated attempts to contact them.
Subpar Construction Quality & Structural Defects:
Multiple homeowners have raised concerns about poor craftsmanship, including improper window installations, cracked structures, and general defects in newly built homes.
Delays & Unmet Construction Promises:
Customers who invested in McBride Homes properties have reported significant delays in home completion. One specific case in the Celtic Meadows Homes development saw a buyer waiting over a year with no progress on their property despite making substantial payments.
Intel Reports
by: Victoria Lockwood
I invested in a McBride home, but the construction quality was subpar. Cracks everywhere! John Eilermann should be held accountable.
Cons
by: Lucas Langston
i can't believe John Eilermann and McBride Homes settled a $16.5 million lawsuit over ownership fraud. That's a huge red flag!.
by: Darren Sterling
I trusted John Eilermann's McBride Homes with my dream home, but the experience was a disaster. Delays, defects, and no communication. Regret my decision.