McStain’s commitment to customers and to the environment is unchanged. Only now we are backed by new funding, deep expertise in urban infill development, and a new corporate structure. The founders and principals of McStain, including Tom and Caroline Hoyt and key McStain employees, have joined with International Risk Group and another equity investor to form MC3 Holdings, LLC – which will continue to do business as McStain Neighborhoods.
International Risk Group (IRG)
Simply stated, IRG specializes in recycling land. They have a strong track record of reclaiming environmentally compromised urban properties and turning them into places that again contribute to the local community and economy. IRG principals have been working together since the mid 1980s. Their experience covers not only the financial, environmental and real estate aspects of land reclamation, but also the legal, insurance, engineering and regulatory facets. Their clients include numerous Fortune 1000 companies. And they have implemented public/private partnerships with municipalities across the country. With over 300 successful transactions behind them, the IRG team prides itself on creating deals that make sense for all of the stakeholders by turning liabilities into assets.
Equity Partner
Along with the McStain team and IRG, we have a third investor who has become a critical part of the future of McStain Neighborhoods. He brings to McStain an unusual resume that is one part investment and one part environment, with an impressive level of success in both. He’s a recent transplant to Colorado and was attracted to McStain because, as he put it, he “wanted to be involved in a company that actually builds things that people value.”
