Caliber Summit enthusiasm highlights the growing interest in alternative investment opportunities; Golf tournament raises more than $10,000 for Habitat for Humanity
Caliber completed another successful Alternative Access Summit at the Phoenician Resort recently. The Summit, hosted from June 2-4, marks the 8th annual occurrence of the event, which featured multiple speaker sessions and panels on a wide variety of alternative investments offered by Caliber, including one of the country’s first tax-advantaged Opportunity Zone Funds. The event also featured remarks from Arizona Congressman David Schweikert (AZ-06), who addressed current economic conditions in the state and nationwide.
The Summit capstone was a Charity Golf Tournament, which raised $10,860 for Habitat for Humanity Central Arizona, one of the largest chapters of the organization in the country. The tournament was open to all Summit attendees, who enjoyed a “best ball” game at The Phoenician golf course.
More than $5,860 was donated by Tournament participants, and Caliber added an additional $5,000 donation. These funds will be used by Habitat to renovate the homes of local residents who are U.S. military veterans. More than 475,000 U.S. military veterans reside in Arizona.
“Working with Habitat for Humanity Central Arizona made this year’s event even more special,” said Jennifer Schrader, President and COO of Caliber. “We share Habitat’s vision of helping to ensure that everyone has a decent place to live. That’s why we strongly support the federal Qualified Opportunity Zone program and continue to invest in both affordable and attainable housing developments here in Arizona and in other Southwest states.”
“We are delighted to partner with Caliber Companies in their conference and fundraiser and very much appreciate their donation to Habitat for Humanity Central Arizona toward our work with military families,” said Jason Barlow, President and CEO of Habitat for Humanity Central Arizona. We have been keenly focused on the needs of our veterans and their families and realize there are many in our own community that struggle to afford the necessary repairs and safety improvements their homes require. We have helped fix roofs, AC units, plumbing, windows and HVAC systems and a variety of other items. Thank you to Caliber and your partners for caring and making a difference where we live.”
Caliber – the Wealth Development Company – is a middle-market alternative asset manager and fund sponsor with approximately $2 billion in assets under management and development. The Company sponsors private funds and private syndications. It conducts substantially all business through CaliberCos Inc., a vertically integrated asset manager delivering services which include capital formation and management, real estate development, construction management, acquisitions and sales. Caliber delivers a full suite of alternative investments to a $4 trillion market that includes high net worth, accredited and qualified investors, as well as family offices and smaller institutions. This strategy allows the Company to opportunistically compete in an evolving middle-market arena for alternative investments. Additional information can be found at CaliberCo.com and CaliberFunds.co.
The information contained herein is general in nature and is not intended, and should not be construed, as accounting, financial, investment, legal, or tax advice, or opinion, in each instance provided by Caliber or any of its affiliates, agents, or representatives. The reader is cautioned that this material may not be applicable to, or suitable for, the reader’s specific circumstances, desires, needs, and requires consideration of all applicable facts and circumstances. The reader understands and acknowledges that, prior to taking any action relating to this material, the reader (i) has been encouraged to rely upon the advice of the reader’s accounting, financial, investment, legal, and tax advisers with respect to the accounting, financial, investment, legal, tax, and other considerations relating to this material, (ii) is not relying upon Caliber or any of its affiliates, agents, employees, managers, members, or representatives for accounting, financial, investment, legal, tax, or business advice, and (iii) has sought independent accounting, financial, investment, legal, tax, and business advice relating to this material. Caliber, and each of its affiliates, agents, employees, managers, members, and representatives assumes no obligation to inform the reader of any change in the law or other factors that could affect the information contained herein.