Articles from Caliber

The Caliber family of automotive repair and service brands, including Caliber Collision and Caliber Auto Glass, announced today that it has appointed Shawn Hezar, its current Chief Client Officer, to the newly formed position of Chief Corporate Development Officer. In his new role, Shawn will be responsible for evaluating opportunistic acquisitions, supporting Caliber’s efforts to diversify its offerings, and building strategic partnerships.

Caliber (NASDAQ: CWD; “CaliberCos Inc.”), a real estate investor, developer, and asset manager, today reported results for the third quarter ended on September 30, 2024.

Caliber, a stakeholder intelligence company helping brands build trust, released its Food & Beverage Global Reputation Report 2024, revealing a disconnect between consumer priorities and behavior, especially as it relates to environmental, social, and governance (ESG) topics. Though 50% of global respondents said they are very likely to stop buying products from a company if they learned it was causing environmental damage, only 17% cited sustainability as an important factor when choosing to buy a food or beverage product.

Caliber (the “Company” or “CaliberCos Inc.”) (NASDAQCWD), a real estate investor, developer, and manager, today announced that it will release its third quarter 2024 financial results after the close of the market on Tuesday, November 12, 2024. Management invites all interested parties to its webcast/conference call the same day at 5:00 pm ET to discuss the results.

Caliber (NASDAQCWD), a real estate investor, developer, and manager, today announced that it has reached a definitive agreement with Satori Collective (“Satori”) in which Satori will contribute seven hotel properties to Caliber subsidiary Caliber Hospitality Trust (“CHT”), an externally advised private hospitality corporation. The transaction is expected to close in early 2025, subject to customary closing conditions.

Caliber (NASDAQCWD), a real estate investor, developer, and manager, today announced that it will host a webinar with the Nasdaq stock exchange on “Growing Opportunities in Distressed Commercial Real Estate Assets.” It is scheduled for Wednesday, Oct. 23 at 8:00 am PT/11:00 am ET. All interested parties are welcome to register for the interactive webinar here.

Caliber (NASDAQCWD), a real estate investor, developer, and manager, today announced the launch of its innovative new Qualified Opportunity Zone Fund Roll-Up (“QOF Roll-Up”) program that offers a potential solution for investors who have not been able to realize the full benefits of these complex investment vehicles. The QOF Roll-Up has also completed its first merger with a third party fund resulting in a $14 million increase in managed capital in Caliber’s existing QOF, the Caliber Tax Advantaged Opportunity Zone Fund, LP (CTAF I). The total managed capital in Caliber’s two QOFs now exceeds $225 million.

Caliber, parent company of Caliber Collision and Caliber Auto Glass, today announced the results of its 13th annual Restoring You™ Food Drive. In total, the annual collection event raised more than five million meals and more than $800,000 to address food insecurity and hunger in communities that Caliber serves.

Caliber (NASDAQ: CWD; “CaliberCos Inc.”), a real estate investor, developer, and asset manager, today reported results for the second quarter ended on June 30, 2024.

Caliber (the “Company” or “CaliberCos Inc.”) (NASDAQCWD), a real estate investor, developer, and manager, today announced that it will release its second quarter 2024 financial results after the close of the market on Monday, August 12, 2024. Management invites all interested parties to its webcast/conference call the same day at 5:00 pm ET to discuss the results.

Caliber, (NASDAQCWD), a real estate investor, developer, and manager, announced that Steve Drew has joined the Company as its Senior Vice President of Marketing, Strategy, and Technology. Drew joins Caliber from online private equity real estate investing platform CrowdStreet, where he was a founding team member and most recently served as Vice President, Business & Systems Operations. There, he played a formative role in the development of the technology platform and business strategy that enabled the company to launch and scale.

Caliber (NASDAQCWD), a real estate investor, developer, and manager, today announced completion of the funding for the first phase of the Company’s SP10 project, which will bring much needed new housing units to the Ahwatukee Foothills neighborhood in South Phoenix. The project will begin with the conversion of an existing 160-room hotel to 104 apartment units with Class A amenities. This will be followed by the construction of 44 low-density townhouse units in back of the tower complex and 40 similar units on acreage recently acquired by Caliber in front of the tower. The entire complex of single-family rentals (SFR) will share access to a full suite of amenities designed to appeal to young professionals and families, work-from-home professionals, and corporate housing. Demolition on the interior of the tower began in May.

Caliber (NASDAQ: CWD; “CaliberCos Inc.”), a real estate investor, developer, and asset manager, today reported results for the first quarter ended on March 31, 2024.

Caliber (NASDAQCWD), a real estate investor, developer, and manager, today announced the sale of an approximately 50-acre parcel of land in Johnstown, Colo., to the Archdiocese of Denver for $7.7 million. Located at County Road 3E and Highway 34, plans call for the construction of a new 450-student Catholic high school along with a chapel, athletic field, and gymnasium. The school will be ideally situated to serve students from the surrounding communities in Northern Colorado.

Caliber (the “Company” or “CaliberCos Inc.”) (NASDAQCWD), a real estate investor, developer, and manager, today announced that it will release its first quarter 2024 financial results after the close of the market on Thursday, May 9, 2024. Management invites all interested parties to its webcast/conference call the same day at 5:00 pm ET to discuss the results.

The Caliber family of automotive repair and service brands, including Caliber Collision alongside Caliber Auto Glass and Caliber Auto Care, today announced the launch of its 13th annual Restoring You™ Food Drive with an expanded goal to address food insecurity and hunger in Caliber communities nationwide.

Caliber (NASDAQ: CWD; “CaliberCos Inc.”), a real estate investor, developer, and asset manager, today reported results for the fourth quarter and full year ended on December 31, 2023.

Caliber (NASDAQCWD), a real estate investor, developer, and manager, today announced the purchase of West Ridge, an approximately 133-acre parcel of land in Johnstown, Colo., for an undisclosed price. Caliber launched a single asset syndicate, West Ridge HoldCo, LLC, to purchase the land, which is located at 5531 East Highway 402 in Johnstown and is adjacent to Caliber’s Johnstown Development.

Caliber, (NASDAQCWD), a real estate investor, developer, and manager, announced that Ignacio Martinez has been promoted from Senior Vice President, Operations to Chief Operating Officer of the Company, a role previously held by Jennifer Schrader, President and Co-Founder of Caliber.

Caliber (the “Company” or “CaliberCos Inc.”) (NASDAQCWD), a real estate investor, developer, and manager, today announced that it has rescheduled the release of its fourth quarter and full year 2023 financial results for before the open of the market on Monday, April 15, 2024. Management invites all interested parties to its webcast/ conference call the same day at 5:00 pm ET to discuss the results. Details on accessing the conference call can be found below.

Caliber (NASDAQ: CWD; “CaliberCos Inc.”), a real estate investor, developer, and manager, today announced it will be rescheduling the reporting of its fourth quarter and full year results for the period ended December 31, 2023. Caliber is unable to report these results as originally announced on March 7, 2024, because management needs additional time to finalize and analyze the disclosure in its Form 10-K. As a result, the conference call to discuss the Company’s fourth quarter and full-year 2023 results originally scheduled for March 21, 2024, will be rescheduled as soon as possible.

Caliber (the “Company” or “CaliberCos Inc.”) (NASDAQCWD), a real estate investor, developer, and manager, today announced that Jade Leung, CFO of Caliber, will present at the Sidoti Small-Cap Virtual Conference on Wednesday, March 13, 2024, at 1:00 PM ET. Mr. Leung will also be available for one-on-one meetings with institutional investors held throughout the day. During his presentation, Mr. Leung plans to discuss Caliber’s business model for growth and the growing opportunities the firm currently sees in distressed real estate.

Caliber (the “Company” or “CaliberCos Inc.”) (NASDAQCWD), a real estate investor, developer, and manager, today announced that it will release its fourth quarter and full year 2023 financial results after the close of the market on Thursday, March 21, 2024. Management invites all interested parties to its webcast/conference call the same day at 5:00 pm ET to discuss the results.

Caliber (NASDAQCWD), a real estate investor, developer, and manager, today announced the sale of South Ridge, an 80-acre parcel of land in Johnstown, Colo., to Journey Homes for $7.6 million. Caliber purchased the land in September 2021 for $5.38 million as part of its Johnstown Development, an approximately 750-acre master-planned, mixed-use development project. The firm launched a single asset debt offering alongside a land loan secured by Guaranty Bank to fund the acquisition and infrastructure development of the land. After fees and other expenses, the sale is expected to generate an unlevered internal rate of return of approximately 22.9 percent for the project. Caliber earned approximately $1.5 million in profit-sharing interests from the sale of the property and fees earned throughout the life of the project.

Caliber (NASDAQ: CWD; “CaliberCos Inc.”), a real estate investor, developer, and manager, today announced that Chris Loeffler, CEO of Caliber, will present at the Sidoti Micro Cap Conference on Wednesday, January 17, 2024 at 11:30 AM ET. Mr. Loeffler will also be available for one-on-one meetings with institutional investors held throughout the day.

Caliber (NASDAQCWD), an alternative asset manager of real estate investments and developments, has brought another new business to Downtown Mesa, Arizona. On Thursday, January 4, Arizona Distilling Co. is celebrating its grand opening, hosting Caliber executives and several Mesa councilmembers, at its location at 155 W. Main Street. After opening its original location in Tempe, Arizona Distilling Co. has become well known for its locally sourced products and award-winning spirits, including Copper City Bourbon, the first legally produced bourbon in Arizona. The new location in Mesa boasts on-site production, a tasting room, and bar area.

Caliber (NASDAQ: CWD; CaliberCos Inc.), a real estate investor, developer, and manager, today announced its long-term financial targets for sustained growth and profitability. The company completed its initial public offering on May 19, 2023.

Collision veteran leading company efforts toward continued operational consistency and growth

Leadership position continues with brand milestones and industry achievements, service to communities nationwide and focus on teammate growth

Together, Dart and Caliber are prioritizing purpose, teammates and growth

Caliber, a fully integrated alternative asset manager and Opportunity Zone investor today announced the purchase of the lease rights for 100 acres of land to begin developing The Riverwalk Development project, located in the Salt River Pima Maricopa Indian Community (SRPMIC).

Caliber, a fully integrated alternative asset manager and Opportunity Zone investor, has announced that it has leased three more of its properties in Downtown Mesa as part of the Company’s ongoing redevelopment efforts in the city.

Caliber's Restoring You™ platform works to restore the lives of veterans

The Caliber family of brands, including Caliber Collision, alongside Caliber Auto Care and Caliber Auto Glass, is committed to its purpose, Restoring the Rhythm of Your Life® for their teammates, customers and the communities they serve. Today, Caliber, along with USAA and NABC Recycled Rides®, brought the Caliber purpose to life in Nashville, gifting five vehicles to local military service members and veterans. Throughout 2022, this initiative will gift a total of 46 vehicles to active-duty service members and military veterans in need of reliable transportation across the country.

The Caliber family of brands, including Caliber Collision, alongside Caliber Auto Care and Caliber Auto Glass, celebrates 25 years as one of the nation's leading automotive services providers. Caliber has built its business using its foundational purpose, Restoring the Rhythm of Your Life®, as a guide to connecting with teammates, customers and the communities it serves – proudly restoring the rhythm to more than nine million customers since its inception. Caliber's first collision centers opened in California in 1997. Over the following 25 years, Caliber grew to more than 1,450 locations in 40 states and continued growing by investing in complementary automotive service brands Caliber Auto Care and Caliber Auto Glass.

The Caliber family of brands – including Caliber Collision, Caliber Auto Care, Caliber Auto Glass – has hit another growth milestone with its 1400th collision center in Omaha, NE. As one of the nation's leading automotive service providers, Caliber now operates in 40 states, with continued expansion planned throughout 2022.

Caliber, whose automotive service brands include Caliber Collision, Caliber Auto Care and Caliber Auto Glass, has been named to the Inc. 2021 Best in Business list. Inc. Best in Business Awards honor companies that have gone above and beyond to make a positive impact. By leading with its purpose of Restoring the Rhythm of Your Life, Caliber was awarded a gold medal in the Extra Large Company Size (500+ employees) category and is the only auto services provider to be recognized.

A leader in auto collision repair across 39 states, Caliber Collision announces a new strategic relationship with Bosch, the leading global supplier of automotive aftermarket components and service solutions. A next-generation diagnostic scanning and technology platform from Bosch is expected to be implemented in all Caliber Collision centers by the end of 2022. The Bosch product features new original equipment manufacturer (OEM) scanning software that will support the always-evolving needs of the collision and mechanical repair industries. Additionally, the Bosch scanning innovation will help Caliber Collision continue to be an industry leader through streamlined diagnostic data and workflows, thus repairing today's complex vehicles more effectively and efficiently.

Caliber is pleased to announce that it will acquire up to 17 collision repair centers from AutoNation during the fourth quarter 2021. The transaction includes a long-term agreement for AutoNation to refer collision customers to those centers and for Caliber to continue to purchase parts from AutoNation. After years of many successful auto dealership transactions, Caliber Collision has a proven record of fostering long-lasting relationships with dealerships from coast-to-coast. “We are proud to team with AutoNation and welcome over 220 new teammates to the Caliber family as part of executing our growth strategy,” said Caliber CEO and President Mark Sanders.

Caliber, a digital transformation leader for pharma and regulated industries, celebrates 20 years of operations. With its innovative and comprehensive digital solutions and trust of industry leaders in the company’s vision, Caliber has drafted innumerable success stories over the years. Caliber is one of the most sought-after digitalization vendors with solutions across the quality management value chain.

Caliber, a digital transformation leader for pharma and regulated industries, celebrates 20 years of operations. With its innovative and comprehensive digital solutions and trust of industry leaders in the company’s vision, Caliber has drafted innumerable success stories over the years. Caliber is one of the most sought-after digitalization vendors with solutions across the quality management value chain.

Caliber, whose automotive service brands include Caliber Collision, Caliber Auto Care and Caliber Auto Glass, has been recognized as one of Forbes magazine’s America’s Best Large Employers. This honor is awarded to companies with high employee satisfaction and is further reinforced by the company’s purpose of Restoring the Rhythm of Your Life. Caliber, America’s leading automotive services provider — offering collision repair, vehicle repair/maintenance, auto glass repair/replacement and vehicle safety system diagnostics/calibration — is the only company of its kind to make the Forbes list of America’s Best Large Employers.

Caliber, parent company of Caliber Collision, Caliber Auto Glass, Caliber Auto Care and Protech Automotive Solutions, announced today the appointment of Sherry Vidal-Brown as Chief People Officer. In this role, Vidal-Brown will support the company’s purpose, Restoring the Rhythm of Your Life®, while leading all facets of teammate resources, including professional development programs, organizational strategy and teammate services operations.

Caliber, parent company to Caliber Collision, Caliber Auto Glass, and Caliber Auto Care, announced today that Roland Smith will be joining its Board of Directors, effective April 19th.