Caliber is capitalizing on record-high prices and has sold 331 units since the beginning of 2021. Despite selling the units, Caliber remains active in multi-family apartments and other commercial real estate sectors. Read the full interview here. Roy Bade has seen a lot of highs and lows over the past…
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…
Caliber, an Opportunity Zone investor, has leased two of its Downtown Mesa properties to Level 1 Arcade Bar and Copper City Spirits. Level 1 Arcade Bar and Copper City Spirits to Open Locations on West Main Street Caliber, an Opportunity Zone investor, today announced that it has leased two more of its properties…
This is noteworthy as the other states in the top five have the nation’s largest populations… For now. Click here to read Chris’s full article in Phoenix Business Journal. Over the past several years, Arizona has regularly ranked among the nation’s leaders in job creation, wage growth and entrepreneurship. Earlier this…
This project includes the development of a new multi-family and retail complex in Downtown Bryan, Texas; another major addition to its Opportunity Zone Fund portfolio CaliberCos Inc. (Caliber), a fully integrated alternative asset manager and fund sponsor, today announced that it had broken ground on Jordan Lofts, a 48-unit Class…
GC Square Apartments sells for $31.02 million, following redevelopment CaliberCos Inc., a fully integrated alternative investment sponsor, today announced the sale of GC Square Apartments, a 165-unit apartment community in Phoenix, Ariz., for $31.02 million. The Company purchased this asset for $6.46 million in October 2015. Originally designed as Class…
The full article can be read on KTAR News. PHOENIX — Construction began Wednesday on a 144-unit apartment community in downtown Mesa that is expected to open sometime in 2023. The Commons of Mesa is located on a 2.54-acre lot at 140 W. 2nd Avenue and will offer 48 one-bedroom…
Part of Caliber’s Opportunity Zone Fund Portfolio to Redevelop Downtown Mesa The official groundbreaking for Caliber’s, ‘The Commons of Mesa’ multi-family real estate asset, a 144-unit community located in downtown Mesa, Arizona, is set for February 23, 2022, at 10 a.m. This complex will contain 48 one-bedroom units and 96…
SCOTTSDALE, ARIZONA, UNITED STATES, January 11, 2022 /EINPresswire.com/ — Caliber (CaliberCos Inc.), a vertically-integrated alternative asset manager and fund sponsor, and Rancho Solano Preparatory School (RSPS), a PK-12 international learning community for high achieving students, will hold the groundbreaking ceremony for a new Lower School on January 26 at 11 am at 8075 North…
Part of Caliber’s Opportunity Zone Fund Portfolio to Redevelop Downtown Mesa SCOTTSDALE, AZ – December 2, 2021 – Caliber (CaliberCos Inc.), a vertically-integrated alternative asset manager and fund sponsor, announced today the beginning of its infrastructure work for The Commons of Mesa, a 144-unit workforce apartment community, located in Downtown…
Revitalizing Communities with the Community Reinvestment Act Caliber (CaliberCos Inc.), a vertically-integrated alternative asset manager and fund sponsor, announced today that it has formed a partnership with Guaranty Bancshares, Inc., (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., “GB&T” in an effort to drive additional investment that…
CaliberCos Inc., a fully integrated U.S. alternative investment sponsor, announced today that they sold Fiesta Tech, a 42,111 square-foot office/flex building located in Gilbert, Arizona for $8.25 million. The Company purchased the asset for $4.75 million in 2016. “This transaction is demonstrative of Caliber’s value-add investment strategy” stated Lisa Pudewell, Vice President…
Caliber—The Wealth Development Company—has been named and honored as an “Arizona Top Workplaces 2021” award recipient by AZCentral, owned by USA Today. This accolade showcases Caliber’s willingness to collaborate with its employees to create a friendly working environment that many enjoy. “To be named ‘A Top Workplace 2021’ award recipient…
This is Caliber’s 5th Impact Investment in a Qualified Opportunity Zone Fund SCOTTSDALE, Ariz. – CaliberCos Inc., a fully integrated real estate company, announced today a significant milestone within Caliber. The Company has embarked on a school expansion in Scottsdale, Arizona that will benefit the community and should serve as…
SCOTTSDALE, Ariz. – CaliberCos Inc., a fully integrated real estate company, in conjunction with Ryan Companies US, Inc., announced today the completion of the first and only hotel connected to the Tucson Convention Center. DoubleTree by Hilton Tucson Downtown began taking reservations on March 7 and doors will open to…
SCOTTSDALE, Ariz. – CaliberCos Inc., a fully integrated real estate company, announced today that it has formed a strategic relationship with global merchant banking firm, Alchemy Acquisition Corp. (“Alchemy”). Alchemy has committed equity capital through a direct investment in Caliber’s Series B. Caliber will utilize Alchemy’s investment and merchant banking…
Sells Class-A Multi-Family Asset for $23 Million Scottsdale, AZ | February 12, 2021 CaliberCos Inc., a fully integrated real estate company, announced today that they have sold Treehouse Apartments, a 167-unit multifamily asset located in Tucson, Arizona for $23 million. The Company purchased the asset for $4.8 million in 2014, which at…
Online Investment Round Will Close on February 26, 2021 Scottsdale, AZ | January 27, 2021 05:15 PM Eastern Standard Time Caliber Co., a fully-integrated real estate company, announced today an imminent opportunity to invest like an institution in an unconventional online public offering, which will close on February 26, 2021. Through a…
Article originally posted by Easy Valley Tribune on July 20, 2020. The historic downtown Mesa building previously known as J.J. Newberry’s department store is undergoing restoration and taking on a new purpose. In the 1950s, this building was known as a retail magnet for shoppers. “Caliber is investing deeply in Mesa,’’ said…
Article originally posted by East Valley Tribune on July 13, 2020. After decades of big plans followed by bigger disappointments, the foundations of new Mesa are emerging as city leaders and developers look past the COVID-19 pandemic towards a brighter day. “The development is happening despite COVID-19,’’ Mesa Mayor John Giles…