SCOTTSDALE, Ariz.–(BUSINESS WIRE)– Caliber (NASDAQ: CWD), 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.
The U.S. commercial real estate market is shifting from a development-focused cycle to one marked by distress due to continued high interest rates, inflation, and market volatility. The panelists will address the latest economic data that underlie the current and near-term opportunities for investment in the nearly $80 billion of distressed commercial real estate assets across the U.S.
The one-hour webinar will feature:
- Michael Normyle, U.S. economist for Nasdaq
- Chris Loeffler, Caliber CEO and Chairman
- Bradley Cosman, Firmwide Chair of the Bankruptcy & Restructuring Practice at Perkins Coie
- Lawrence Taylor, President of Taylor Strategy Group
About Caliber (CaliberCos Inc.) (NASDAQ: CWD)
With more than $2.9 billion of managed assets, including estimated costs to complete assets under development, Caliber’s 15-year track record of managing and developing real estate is built on a singular goal: make money in all market conditions. Our growth is fueled by our performance and our competitive advantage: we invest in projects, strategies, and geographies that global real estate institutions do not. Integral to our competitive advantage is our in-house shared services group, which offers Caliber greater control over our real estate and visibility to future investment opportunities. There are multiple ways to participate in Caliber’s success: invest in Nasdaq-listed CaliberCos Inc. and/or invest directly in our Private Funds.
Forward-Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to the Company’s public offering filed with the SEC and other reports filed with the SEC thereafter. Filing with the SEC does not imply any endorsement or approval of the Company. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.
Contacts
Caliber:
Victoria Rotondo
+1 480-295-7600
Vict[email protected]
Media Relations:
Stephanie Forshee
Financial Profiles
+1 310-622-8230
[email protected]m