Unanimous Phoenix City Council vote paves way for distressed office conversion to multifamily residential SCOTTSDALE, Ariz.–(BUSINESS WIRE)– Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, today announced the recent Phoenix City Council’s unanimous approval of the Company’s Canyon Village redevelopment project. The project has successfully rezoned and received all necessary government…
Firm closes on its first asset with a $10.16 million transaction SCOTTSDALE, Ariz.–(BUSINESS WIRE)– Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, today announced the launch of the Caliber 1031 Exchange (“1031 Exchange”), a full-service program that offers accredited investors access to highly curated real estate investment opportunities, enabling them to defer…
SCOTTSDALE, Ariz.–(BUSINESS WIRE)– Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, today announced that the Company’s Offering Statement with respect to the Company’s newly designated Series AA Cumulative Redeemable Preferred Stock (“Series AA Preferred Stock”) has been qualified by the U.S. Securities and Exchange Commission (“SEC”). The Company is seeking…
HonorHealth to be the official Health and Wellness Partner of PURE at the world’s largest indoor pickleball facility SCOTTSDALE, Ariz.–Feb. 18, 2025– HonorHealth, one of Arizona’s largest non-profit healthcare systems, and PURE Pickleball & Padel (PURE) today announced the execution of a multi-year letter of intent under which HonorHealth intends to become PURE’s exclusive health and wellness partner. PURE has partnered with Caliber (NASDAQ: CWD), a real estate investor, developer,…
SCOTTSDALE, Ariz.–(BUSINESS WIRE)– Caliber (NASDAQ: CWD), 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…
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…
Raises $14 million in new opportunity zone capital with the closing of its first merger SCOTTSDALE, Ariz.–(BUSINESS WIRE)– Caliber (NASDAQ: CWD), 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…
SCOTTSDALE, Ariz.–(BUSINESS WIRE)– Caliber, (NASDAQ: CWD), 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…
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SCOTTSDALE, Ariz.–(BUSINESS WIRE)– 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…
Hotel conversion and property expansion to bring 104 new apartments and 88 townhouse-style units to prime South Phoenix location SCOTTSDALE, Ariz., June 26, 2024 – Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, today announced completion of the funding for the first phase of the Company’s SP10 project,…
Construction of a new Catholic high school planned for the 50-acre plot of land to serve growing community SCOTTSDALE, Ariz., May 7, 2024 – Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, today announced the sale of a 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,…
SCOTTSDALE, Ariz.–(BUSINESS WIRE)– 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. About CaliberCos Inc. Caliber (NASDAQ: CWD) is a leading vertically integrated alternative asset management firm whose purpose is to build generational wealth…
Buyers plan to develop multifamily and single-family rental units to meet the growing housing demand in the area SCOTTSDALE, Ariz.–(BUSINESS WIRE)– Caliber (NASDAQ: CWD), 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.,…
SCOTTSDALE, Ariz.–(BUSINESS WIRE)– 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. About CaliberCos Inc. Forward-Looking Statements This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties.…
Firm plans to use the 133-acre parcel for residential, commercial, and industrial development SCOTTSDALE, Ariz.–(BUSINESS WIRE)– Caliber (NASDAQ: CWD), 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…
Scottsdale, Arizona–(Newsfile Corp. – April 8, 2024) – Caliber (NASDAQ: CWD) announced today that it will be presenting at The 14th Annual LD Micro Invitational at the Sofitel New York on April 8th-9th, 2024. The event is expected to feature 80 companies presenting in half-hour increments, as well as private 1:1 meetings.…
SCOTTSDALE, Ariz.–(BUSINESS WIRE)– Caliber, (NASDAQ: CWD), 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. This press release features multimedia. View the…
SCOTTSDALE, Ariz.–(BUSINESS WIRE)– Caliber (the “Company” or “CaliberCos Inc.”) (NASDAQ: CWD), 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…
Buyer plans to develop 300+ single-family home lots SCOTTSDALE, Ariz.–(BUSINESS WIRE)– Caliber (NASDAQ: CWD), 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…