Articles from CaliberCos Inc.
Caliber Closes Sale of 24-7 Automated Storage in Casa Grande, Arizona
CaliberCos Inc. (NASDAQ: CWD; “Caliber”), a real estate investor, developer, and manager, today announced the sale of 24-7 Automated Storage, a 348-unit self-storage facility in Casa Grande, Ariz., for $4.6 million to SSF MP Investments LLC. The property was purchased in December 2015 by two Caliber-sponsored investment funds, Caliber Distressed Real Estate Investment Fund and Caliber Diversified Opportunity Fund II, LP.
By CaliberCos Inc. · Via Business Wire · July 2, 2024
Caliber Completes Sale of Two Additional Land Parcels for Housing Developments in Johnstown, Colorado
Caliber (NASDAQCWD), a real estate investor, developer, and manager, today announced the sale of Areas B and C of The Ridge development, each approximately 20-acre parcels of land in Johnstown, Colo., for an aggregate $12.3 million. These are the second and third land sales Caliber has completed in the area for housing development in the past few months as the firm previously announced the sale of South Ridge, an 80-acre parcel of land in Johnstown to Journey Homes for $7.6 million.
By CaliberCos Inc. · Via Business Wire · April 29, 2024
Caliber Updates Timing of Fourth Quarter and Full Year 2023 Earnings Release on April 15, 2024
Caliber (the “Company” or “CaliberCos Inc.”) (NASDAQCWD), a real estate investor, developer, and manager, today updated the planned release of its fourth quarter and full year 2023 financial results for after market close on Monday, April 15, 2024. The previously announced webcast/conference call with management remains unchanged at 5:00 pm ET on April 15, 2024, to discuss the results.
By CaliberCos Inc. · Via Business Wire · April 15, 2024
Caliber to Participate in Sidoti Micro Cap Conference on November 16, 2023
Caliber (NASDAQ: CWD; “CaliberCos Inc.”), a real estate investor, developer, and manager, today announced Chris Loeffler, CEO of Caliber, will present at the Sidoti Micro Cap Conference on November 16, 2023 at 11:30 AM ET. Mr. Loeffler will also be available for one-on-one meetings with institutional investors held throughout the day.
By CaliberCos Inc. · Via Business Wire · November 14, 2023
Caliber Reports Third Quarter 2023 Results
Caliber (NASDAQCWD) (“CaliberCos Inc.”), a real estate investor, developer, and manager, today reported results for the third quarter ended on September 30, 2023.
By CaliberCos Inc. · Via Business Wire · November 9, 2023
Caliber Announces Date of Third Quarter 2023 Earnings Release and Conference Call
Caliber (the “Company” or “CaliberCos Inc.”) (NASDAQCWD), a real estate investor, developer, and manager, today announced that it will release its third quarter 2023 financial results after the close of the market on Thursday, November 9, 2023. Management invites all interested parties to its webcast/conference call the same day at 5:00 pm ET to discuss the results.
By CaliberCos Inc. · Via Business Wire · October 26, 2023
Caliber Completes Sale of Northsight Crossing Retail Center in Scottsdale
CaliberCos Inc. (NASDAQCWD) (“Caliber”), a real estate investor, developer, and manager, today announced the sale of Northsight Crossing, a prominent retail center located in Scottsdale, Ariz. The property was purchased in January 2022 by Northsight Crossing AZ, LLC, a Caliber co-sponsored single asset syndication, for $21.1 million and was sold this month to Hunt Retail Investments, LLC, a local investment group for $27.4 million. After fees and other expenses, the sale generated an internal rate of return of approximately 22 percent for investors.
By CaliberCos Inc. · Via Business Wire · October 25, 2023
Downtown Mesa Revitalization Progress Continues With Opening of 2nd Avenue Commons Housing Development
CaliberCos Inc. (NASDAQCWD), a manager of real estate investments and developments, is accelerating the growth of a variety of housing solutions in the booming Downtown Mesa, Arizona, area. On Monday, October 16, Caliber executives alongside Mesa Mayor John Giles and Councilmember Jenn Duff, oversaw a ribbon-cutting ceremony for the 2nd Avenue Commons at 140 W 2nd Avenue. The Commons is a 144-unit workforce housing complex, consisting of 12 three-story buildings, which collectively house 48 one-bedroom units and 96 two-bedroom units. Caliber has co-developed the property alongside Cardinal Capital Management and MEB Management Services is managing the leasing of units.
By CaliberCos Inc. · Via Business Wire · October 17, 2023
Caliber to Participate in LD Micro Main Event XVI Conference on October 3, 2023
CaliberCos Inc., (NASDAQCWD) a leading vertically integrated alternative asset manager, today announced that Chris Loeffler, CEO of Caliber, will present at the LD Micro Main Event XVI Conference in Los Angeles, CA at 12:00 PM PT on October 3, 2023. Mr. Loeffler will also be available for one-on-one meetings with institutional investors throughout the day.
By CaliberCos Inc. · Via Business Wire · September 27, 2023
Caliber CEO to Present at the FactRight Annual Due Diligence Conference on August 30, 2023
CaliberCos Inc., (the “Company” or “Caliber”) (NASDAQCWD), a leading vertically integrated alternative asset manager, today announced that Chris Loeffler, CEO of Caliber, will present at FactRight’s Annual Due Diligence Conference on August 30, 2023 at 9:00 am MDT. Mr. Loeffler’s discussion will focus on the Funds that Caliber sponsors, including the Caliber Tax-Advantaged Opportunity Zone Fund II, LLC, Caliber Opportunistic Growth Fund, LLC and Caliber Core+ Growth & Income Fund, LLC.
By CaliberCos Inc. · Via Business Wire · August 29, 2023
Caliber Named a Top Company to Work For in Arizona by BestCompaniesAZ for Second Year in a Row
Arizona Capitol Times, Best Companies Group and BestCompaniesAZ has announced that CaliberCos Inc. (NASDAQCWD), a fully integrated alternative asset manager and investment sponsor, has earned a place on the 11th annual list of 2023 Top Companies to Work For in Arizona.
By CaliberCos Inc. · Via Business Wire · August 28, 2023
Caliber Elects Lawrence X. Taylor to its Board of Directors
CaliberCos Inc. (NASDAQCWD), a leading integrated alternative asset manager and investment sponsor, today announced that Lawrence X. Taylor has been elected to the Company’s Board of Directors. Taylor, President of Taylor Strategy Group, previously served as a member of Caliber’s Advisory Board and brings more than three decades of experience as a business executive, advisor, and board member to Caliber’s Board. Taylor’s appointment increases the number of directors to six.
By CaliberCos Inc. · Via Business Wire · August 14, 2023
Caliber Reports Second Quarter 2023 Results
CaliberCos Inc. (the “Company” or “Caliber”) (NASDAQCWD), a leading vertically integrated alternative asset manager, today reported results for the second quarter ended on June 30, 2023.
By CaliberCos Inc. · Via Business Wire · August 10, 2023
Caliber Announces Second Contribution to Caliber Hospitality Trust
CaliberCos Inc. (NASDAQCWD) (“Caliber”), a leading vertically integrated alternative asset manager, today announced that it has reached an agreement with L.T.D. Hospitality Group LLC (“L.T.D.”) in which L.T.D. has agreed to contribute nine hotel properties to its subsidiary, Caliber Hospitality Trust (“CHT”), an externally advised private hospitality corporation. The transaction is subject to customary closing conditions and is expected to close by the end of the third quarter of 2023.
By CaliberCos Inc. · Via Business Wire · August 10, 2023
Caliber CEO to Present at the Sidoti Micro-Cap Conference on August 16, 2023
CaliberCos Inc., (the “Company” or “Caliber”) (NASDAQCWD), a leading vertically integrated alternative asset manager, today announced that Chris Loeffler, CEO of Caliber, will participate in the Sidoti Micro-Cap Virtual Conference on August 16, 2023 at 3:15 pm ET. Mr. Loeffler is also hosting virtual one-on-one meetings with institutional investors throughout the day.
By CaliberCos Inc. · Via Business Wire · August 8, 2023
CaliberCos Inc. CEO to Present at the SHARE Series Monday Management Update on August 14, 2023
CaliberCos Inc. (the “Company” or “Caliber”) (NASDAQCWD), a leading vertically integrated alternative asset manager, today announced that Chris Loeffler, CEO of Caliber, will present at the SHARE Series Monday Management Update on August 14, 2023 at 1:00 p.m. ET.
By CaliberCos Inc. · Via Business Wire · August 7, 2023
Caliber Announces Date of Second Quarter 2023 Earnings Release
CaliberCos Inc. (the “Company” or “Caliber”) (NASDAQCWD), a leading vertically integrated alternative asset manager, today announced that it will release its second quarter 2023 financial results after the close of the market on Thursday, August 10, 2023.
By CaliberCos Inc. · Via Business Wire · July 25, 2023
Dan Hansen Appointed to Caliber Board of Directors, Lawrence X. Taylor Serving as Board Advisor
CaliberCos Inc. (NASDAQCWD), a leading vertically integrated alternative asset manager, today announced that Dan Hansen, former Chairman, President and CEO of Summit Hotel Properties Inc., joined its Board of Directors earlier this year. In addition, Lawrence X. Taylor, President of Taylor Strategy Group, is serving as a Board Advisor.
By CaliberCos Inc. · Via Business Wire · July 12, 2023
Caliber Expands its Internal Wholesale Team as the Firm Accelerates its Capital Markets Initiatives
CaliberCos Inc. (NASDAQCWD), a leading vertically integrated alternative asset manager, today announced the expansion of its internal wholesale team, which will significantly extend its reach into the Registered Investment Advisor (RIA) and independent broker-dealer channels. The team expansion follows Caliber’s announcement earlier this year that it had engaged with Skyway Capital Markets to serve as the exclusive managing broker dealer for the primary investment products in Caliber’s funds.
By CaliberCos Inc. · Via Business Wire · June 26, 2023
Caliber Reports First Quarter 2023 Results
CaliberCos Inc. (the “Company” or “Caliber”) (NASDAQCWD), a leading vertically integrated alternative asset manager, today reported results for the first quarter ended on March 31, 2023.
By CaliberCos Inc. · Via Business Wire · June 22, 2023
Caliber Launches Core+ Growth & Income Fund
CaliberCos Inc. (NASDAQCWD), a leading fully integrated alternative asset manager, announced today the launch of its Core+ Growth & Income Fund (“the Fund” or “Issuer”), an income fund targeting investments in a diversified portfolio of real estate properties, real estate-related equity investments, and other real estate-related assets located in high-growth markets across the Southwest U.S. The Fund offers investors the opportunity to enjoy a certain level of liquidity, coupled with the potential returns of a moderate risk growth and income fund.
By CaliberCos Inc. · Via Business Wire · June 15, 2023
Caliber Announces Expansion of Capital Markets Initiatives
CaliberCos Inc. (NASDAQCWD), a leading vertically integrated alternative asset manager, today announced it has engaged with Skyway Capital Markets, which is serving as the exclusive managing broker dealer for the primary investment products in Caliber’s funds marketed by Caliber’s internal wholesale team to the Registered Investment Advisor (RIA) and independent broker-dealer channels. Caliber has employed additional dedicated sales professionals, significantly expanding its access to capital for its funds in these important channels, enabling the company to accelerate growth in its assets under management (AUM).
By CaliberCos Inc. · Via Business Wire · June 1, 2023
Caliber Announces Closing of Initial Public Offering and NASDAQ Listing
CaliberCos Inc. (“Caliber”), a vertically integrated alternative asset manager, today announced the closing of its upsized initial public offering (“IPO”) of 1,200,000 shares of its Class A common stock (the “Common Stock”) at a public offering price of $4.00 per share, for aggregate gross proceeds of approximately $4.8 million before deducting underwriting discounts, commissions, and other offering expenses.
By CaliberCos Inc. · Via Business Wire · May 19, 2023
Caliber Announces Pricing of Upsized Initial Public Offering
CaliberCos Inc. (“Caliber”), a vertically integrated alternative asset manager, today announced the pricing of its upsized initial public offering of 1,200,000 shares of its Class A common stock at a public offering price of $4.00 per share, for aggregate gross proceeds of $4.8 million before deducting underwriting discounts, commissions, and other offering expenses.
By CaliberCos Inc. · Via Business Wire · May 16, 2023
EY Announces Chris Loeffler of CaliberCos Inc. as an Entrepreneur Of The Year® 2023 Pacific Southwest Award Finalist
Ernst & Young LLP (EY US) today announced that Chris Loeffler, Chief Executive Officer of CaliberCos Inc. (Caliber) was named an Entrepreneur Of The Year® 2023 Pacific Southwest Award finalist. Now in its 37th year, Entrepreneur Of The Year is one of the preeminent competitive business awards for transformative entrepreneurs and leaders of high-growth companies who are building a more equitable, sustainable and prosperous world for all.
By CaliberCos Inc. · Via Business Wire · May 8, 2023
John Hartman Appointed to Board of Directors for Whispering Hope Ranch Foundation
John Hartman, Chief Investment Officer at CaliberCos Inc., (Caliber) a fully integrated alternative asset manager and investment sponsor, has been named to the Board of Directors for Whispering Hope Ranch Foundation. Located in Payson, Ariz., Whispering Hope is a camp facility that provides children who have special needs with a place to do things they never thought possible, where disabilities are the norm, and a place of acceptance and respect.
By CaliberCos Inc. · Via Business Wire · February 27, 2023
Caliber Files Registration Statement for Proposed Initial Public Offering
CaliberCos Inc. (“Caliber”), a vertically integrated alternative asset manager, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering of its Class A common stock.
By CaliberCos Inc. · Via Business Wire · September 30, 2022