CaliberCos Inc. - Class A Common Stock (CWD)

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.

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.

NEW YORK, NY / ACCESSWIRE / January 16, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day January Micro-Cap Conference taking place Wednesday and Thursday, January 17-18, 2024. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.