Property Tour: Inside Caliber’s New Behavioral Health Hospital
Caliber – The Wealth Development Company recently completed renovations on a 62,596 square-foot mental health care facility in downtown Phoenix—a federally designated opportunity zone. Managed by Indiana-based NeuroPsychiatric Hospitals (NPH), Phoenix Medical Psychiatric Hospital (PMPH) is now open to the public and accepting patients.
HUD Secretary Tours Caliber’s Recently Completed Behavioral Health Hospital
Caliber recently hosted U.S. Department of Housing and Urban Development Secretary Christopher Patterson for a tour of its newly completed Phoenix Medical Psychiatric Hospital (PMPH), a 62,569 square-foot mental health facility in downtown Phoenix, Arizona. Patterson praised Caliber for its innovation in the federally designated opportunity zone project: “The thing that I was fascinated most with is that Caliber was thinking outside the box,” Patterson says. “I’ve never heard of a capital group coming in and actually trying to use opportunity zones as an investment structure to actually do something that really improves the community.” The 96-bed hospital will not only add healthcare jobs to the area, but also provide more accessible care to patients in need. “The strength of what they’re bringing to Arizona, not just Phoenix, but the fingerprint, can be copied across the country,” Patterson says. “It’s pretty impressive to think about what they can actually do in the bigger picture.”
Launch Pad Brings Coworking Space,
Small Business Opportunities to Downtown Mesa
Caliber recently invested in Launch Pad, a national leader in the coworking industry. The New Orleans-based company is known for beautiful workspaces designed to encourage community for entrepreneurs, creative professionals, and remote workers. Since its founding in 2009, the company and its members have generated more than 9,000 jobs and raised more than $230 million in new capital, focusing on sites in culturally significant buildings in emerging “quality of life” markets like Stockton, Calif.; Newark, N.J.; Nashville and Memphis, Tenn. Launch Pad will open a new location in fall 2021 in Mesa, Ariz.—a federally designated opportunity zone. The 20,000 square-foot space will include casual meeting spaces, a coffee bar and more than 67 individual offices of varying sizes.
The Roosevelt: New Townhomes in Tempe Offer Prime Location, Sustainable Living
The first phase of The Roosevelt Luxury Townhomes is now complete and accepting leases. The 42-unit modern boutique community is ideally situated in Tempe’s Farmer District and walking distance to Old Town Tempe, Tempe Town Lake, bike paths, restaurants, hiking and more. Integrated technology, smart layouts and sustainable building features have been carefully cultivated to resonate with the area’s millennial and GenZ professionals.
Caliber's Reg A+ Online Public Offering
Now, for the first time ever in our Company’s history, we are able to offer any qualified investor, with a $2,000 minimum investment, the chance to own a piece of our growth story.
We believe an investment in Caliber’s stock offers our stakeholders, and future shareholders, the ability to gain access, early on, to the growth associated with these changes and long-term trend toward alternative investing. This opportunity is rare – to own your share of an operating platform with a 12-year track record, a proven business model, all surrounding a proven asset class – real estate.
Supporting Medical Professionals With Complimentary Hotel Stays During COVID-19 Outbreak
In light of recent events, Caliber is donating hotel stays to medical professionals and front-line workers in need. Dubbed “Operation Sleep Safe”, the real estate investing company is offering a minimum of 25 hotel rooms per night, through May 31, with the intention of keeping frontline staff rested and relaxed knowing that their families are safe at home.
All participants continue to observe essential safety protocols such as frequent temperature checks, washing hands, and observing social distancing to ensure the well-being of all hotel staff and guests.
Caliber will continue to monitor the situation until May 31, and may decide to keep donating hotel stays if the need persists. Caliber's hotels (combined) contributed to Operation Sleep Safe the equivalent of $225,000 in room charges.
Caliber’s Eclipse Townhomes Feature Innovative Net-Zero Energy Technology
Located off of Granite Reef Road in Scottsdale, Arizona, Caliber’s Eclipse Townhomes are ahead of their time in regards to eco-efficient housing.
Equipped with a multitude of innovative features like LED lighting, hybrid water heaters, Icynene spray foam, PEX plumbing, High SEER heat pumps, Energy Star Appliances, and cool roof technology, the townhomes were constructed with sustainability in mind.
Arizona Opportunity Zone Tour with Scott Turner
As pioneers in the Opportunity Zone space, the Caliber team has had the privilege to attend several exciting events recently. From Caliber CEO, Chris Loeffler and Snell and Wilmer Partner, Marc Schultz, presenting at the 2019 SALT conference hosted by Skybridge, to helping further the discussion through panels and interviews, the team has felt very fortunate to share knowledge as thought leaders among this buzz-worthy new topic across the country.
Marking a new milestone, Caliber had the opportunity to spend a day exploring Opportunity Zones with Executive Director of the White House Opportunity and Revitalization Council, Scott Turner.
White House Special Advisor Ashley Bell Tours Caliber Opportunity Zone Sites In Mesa
Caliber met with White House policy advisor and Small Business Administration regional director Ashley Bell to showcase the company's progress with it’s Opportunity Zone properties. Working with the Trump Administration, Bell’s primary responsibility is to recommend policies that can help small businesses and entrepreneurs grow. Formerly, he served as the Small Business Administration's regional director in Atlanta before joining the White House in 2019.
During the visit, Caliber executives guided Bell and Mesa City Councilmember Jen Duff through an array of Opportunity Zone projects in downtown Mesa, which have garnered nationwide respect as a shining example of the Federal reinvestment program’s success. They also observed an array of public art displays, infrastructure improvements, and the location of ASU’s new downtown Mesa campus.
Caliber COO Jennifer Schrader Speaks at Mid-Year AZRE Forum
The mid-year Arizona Real Estate Forum took place on August 1st, 2019, giving attendees a chance to connect and share their achievements and challenges as well as receive an update from industry leaders regarding future market trends and expectations.
The meeting was held at The Camby Hotel in Phoenix and was led by two expert panels focused on brokerage and development.
City of Mesa Hosts Groundbreaking Ceremony for New ASU Campus
Along with city officials and representatives from Arizona State University, Caliber gathered in Mesa on Friday, January 10th to witness the groundbreaking of a new ASU location and Mesa City Center.
Proposed to open in fall 2021, the building will be home to the ASU Creative Futures Laboratory, a $64 million “innovation hub” located in downtown Mesa. The five-story building will provide programs in digital technology, film production, gaming media arts, and experimental design.
Caliber Will Open Behavioral Health Center in Phoenix Opportunity Zone
Caliber has closed a deal as the property owner and developer of a 62,592-square-foot behavioral health clinic in downtown Phoenix. The 96-bed facility will be occupied by Dr. Cameron Gilbert and his company, Medical Behavioral Hospital of Phoenix LLC., and will care for patients struggling with medical and psychiatric conditions. Caliber purchased the facility, located near 14th Street and McDowell Road, for $10 million and will complete $9.5 million of renovations in the next year.
Opportunity Zone Spotlight: Caliber in Mesa
The fast-growing city of Mesa is one of the largest cities located in the Phoenix metropolitan area. In terms of size, this suburb covers 138 square miles and dominates a large portion of the East Valley. In terms of population, Mesa houses nearly half a million people.
The prosperous Sonoran city has been a desert hotspot for farming since 1883, but, just like any thriving suburb, the area grows exponentially each passing day. As the valley becomes denser as more and more houses are built, Mesa faces exciting changes into an entirely new direction.
The Salmon Falls Story
Purpose-built by and for passionate sports fishermen and first-time anglers who value first-class experiences paired with personalized services and amenities, the all-inclusive Salmon Falls Fishing Resort reinvents the Alaskan fishing getaway. Guests enjoy exceptional cuisine and handcrafted cocktails, superior fishing (guided and self-guided), freshly updated guest rooms and suites, and what some believe is the ultimate feature -- on-site fish processing to clean, freeze and pack your catch.