is a multifaceted investment firm that specializes in real estate, offering a range of services including property management, development, and investment opportunities. The company focuses on generating value through strategic acquisitions and asset management across various segments of the real estate market, including residential and commercial properties. CaliberCos aims to provide innovative investment solutions while fostering sustainable growth and creating long-term value for its stakeholders. With a commitment to excellence and operational efficiency, the firm seeks to maximize returns for investors and enhance the communities in which it operates.
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 (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 (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.
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.
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.
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.
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 (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.
