Rancho Solano will lease the space from Caliber for a period of 20 years with a 10-year option to renew.
Chief Construction Officer, Roy Bade and our team discuss the story of the deal and give you a tour of Rancho Solano Preparatory School, a highly regarded international educational institution that’s constructed in a Qualified Opportunity Zone (QOZ). Rancho Solano will be given the option to purchase the building after the first and second years.
The new lower school campus is replacing the current Greenway Road location. The new campus, designed by architectural firm Orcutt Winslow, is expanding the facilities to enhance programming for the students and faculty. A new gymnasium, an outdoor field and various facilities are coming to the campus too. Further, students are going to enjoy the renovated STEAM learning facilities, including customized classrooms for special topics (Spanish, Music, Art, Technology, etc.) that Rancho Solano is known for. More details regarding the school’s strategic plan, including increased enrollment opportunities, an improved boarding program, and an enhanced campus environment, will be shared throughout the building process.
If you want to learn more about our Rancho Solano asset, or Qualified Opportunity Zone Fund II offering, fill out the form below.
Let’s Connect
Would you like to discuss this article with one of our Wealth Development Representatives? Fill out the form below to be connected.
About Caliber
With more than $2.9 billion of managed assets, including estimated costs to complete assets under development, Caliber’s 16-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.
Click here to see Caliber’s current property portfolio.
If you would like to speak to someone about diversifying your retirement accounts, contact us at [email protected] or call (480) 295-7600 to schedule a call with a member of our Wealth Development Team.
If you would like to learn more about Opportunity Zone Investing, Caliber has put together a special guide that cuts through the myths and misconceptions and outlines the benefits, the risks, and the upcoming deadlines you must know to be able to participate. Get access to the guide here.
Investor Considerations
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.
355-CAL-041423 |