Acquired in 2022 for $9,958,157, Jordan Lofts is a 48-unit Class A multi-family property measuring 6,500 square-feet of retail space in Downtown Bryan, Texas. Each of the 48 residential units will include 12-foot ceilings, a lofted bedroom with modern kitchens and bathrooms. The monthly rent for this asset will be lower than other complexes in the market area, with 24 units priced below-market rents.

This project is Caliber’s first investment in Texas, one of the fastest-growing states in the U.S. The Bryan-College Station metro area had the second-fastest-growing GDP in the state of Texas in 2020.