The United Cities North America site will house the programs’s Innovation Hub, which will use AI, machine learning and digital twin technologies to allow cities to improve sustainability and address critical challenges
Click here to read the full article on Smart Cities World.
The global smart and sustainable United Cities program has chosen Scottsdale, Arizona, as the location for its North American headquarters.
The United Cities North America (UCNA) headquarters will house the organization’s Innovation Hub (I-Hub), whose role is to foster connections between companies, entrepreneurs, capital, partners, local government, academia and other stakeholders to build a robust, economically viable ecosystem for use by the community, the region, and the world.
Aligning with SDG 11
United Cities’ mission is to create sustainable and net-zero, smart cities and communities. It operates in partnership with several UN agencies and international organizations and its work aligns with the aims of Sustainable Development Goal (SDG) 11 to make cities inclusive, safe, resilient and sustainable.
Asset manager and fund sponsor Caliber will be the master developer of the UCNA site with development beginning this quarter. This role includes research, site selection and compiling the development team to execute the project. Together, Caliber and UCNA have also opened a new United Cities Qualified Opportunity Zone fund.
“Caliber and United Cities North America’s partnership comes at a perfect time as we strive for a cleaner, more sustainable world,” said Chris Camacho, president and CEO of the Greater Phoenix Economic Council.
“The growth Greater Phoenix is seeing in advanced sustainability technology is remarkable and the collaboration born out of innovation is driving us to be a leader on the global stage.”
Click here to read the full article on Smart Cities World.
Click here to read our partnership announcement with United Cities North America today. Email us at [email protected] to learn more about this investment opportunity today.
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About Caliber
As the Wealth Development Company, we are a leading U.S. sponsor with approximately $500 million in assets under development and management. These investments are comprised of alternative investments, which include private funds and syndications, externally managed real estate investment trusts (REITs) as well as public funds. We conduct substantially all business through our Sponsor, CaliberCos Inc., a vertically integrated platform that is strengthened by more than 70 professionals with decades of institutional experience in commercial real estate, capital markets, alternative investments, and mergers and acquisitions.
We allocate our alternative investment strategies and align them with investors’ investment objectives, risk profiles and liquidity preferences to offer an optimal balance of risk-adjusted returns and attractive investment performance. It is because of this thoughtful, intentional approach, and our unwavering pursuit of performance, that we have been deemed The Wealth Development Company.
We strive to build wealth for investors by offering a diverse host of investment solutions that fit our investors’ needs. With a primary focus on key middle-market growth areas, such as Arizona, Colorado, Nevada, Texas, Utah and Alaska, we evaluate other U.S. markets that possess the same attractive demographics and macroeconomic trends as our targeted markets, such as highly skilled labor, emerging population and job growth. In addition, we utilize our institutional full-service operating platform to generate operating efficiencies while enhancing the value of our investments through dedicated asset management strategies.
We create value through a combination of internal and external growth channels. Bringing together the benefits of real estate, deep asset-class, and capital markets expertise across public and private investments. We seed, develop, and manage a broad range of liquid and illiquid alternative strategies for a diverse group of investors who comprise approximately a $4 trillion alternative investment market, which includes high net worth, accredited and qualified investors, as well as family offices and smaller institutions. This strategy allows us to opportunistically compete in an evolving middle-market arena for alternative investments that range between $5 million and $50 million.
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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
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