Platform revenue increased 98.9% compared to prior year same quarter, resulting in positive platform earnings Caliber (NASDAQ:CWD, "CaliberCos Inc.")), a real estate investor, developer, and asset manager, today reported results for the third quarter ended on September 30, 2024. Within this earnings release, we refer to performance results of the ‘Platform'. Platform refers to the performance of CWD itself, excluding the performance of certain assets & funds that are included in our consolidated results, as required by the United States generally accepted accounting standards ("GAAP"). Management believes that Platform performance offers the most meaningful information needed to underst
Caliber (the "Company" or "CaliberCos Inc.") (NASDAQ:CWD), a real estate investor, developer, and manager, today announced that it will release its third quarter 2024 financial results after the close of the market on Tuesday, November 12, 2024. Management invites all interested parties to its webcast/conference call the same day at 5:00 pm ET to discuss the results. Investors and interested parties can access the live earnings call by dialing 1-800-717-1738 (domestic) or 1-646-307-1865 (international). To listen to the call online, investors can visit the investor relations page of Caliber's website at https://ir.caliberco.com/. The webcast replay of the conference call will be available
Satori assets will increase Caliber's FV AUM by 15.52% to $890 million Upon closing of all contributed properties to date, the Trust's portfolio will expand to 22 hotels, and the portfolio valuation will increase to $530 million 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 close in early 2025, subject to customary closing conditions. Atlanta-based Satori Collective, formerly
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 to register for the interactive webinar here. The U.S. commercial real estate market is shifting from a development-focused cycle to one marked by distress due to continued high interest rates, inflation, and market volatility. The panelists will address the latest economic data that underlie the current and near-term opportunities for investment in the nearly $80 billion of di
Raises $14 million in new opportunity zone capital with the closing of its first merger 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 been able to realize the full benefits of these complex investment vehicles. The QOF Roll-Up has also completed its first merger with a third party fund resulting in a $14 million increase in managed capital in Caliber's existing QOF, the Caliber Tax Advantaged Opportunity Zone Fund, LP (CTAF I). The total managed capital in Caliber's two QOFs now exceeds $225 mill
Caliber (NASDAQ:CWD, "CaliberCos Inc."))), a real estate investor, developer, and asset manager, today reported results for the second quarter ended on June 30, 2024. As previously communicated, Caliber has simplified the presentation of its financial statements through the deconsolidation of certain entities' assets, liabilities, revenues, and expenses from the Company's financials. Caliber's GAAP financial metrics are impacted by the timing of deconsolidation. As such, periods presented may not be comparable due to the deconsolidation of certain entities. Second Quarter 2024 Financial Highlights (compared to second quarter 2023) Total revenue of $8.2 million, a 60.0% decrease, refl
Caliber (the "Company" or "CaliberCos Inc.") (NASDAQ:CWD), a real estate investor, developer, and manager, today announced that it will release its second quarter 2024 financial results after the close of the market on Monday, August 12, 2024. Management invites all interested parties to its webcast/conference call the same day at 5:00 pm ET to discuss the results. Investors and interested parties can access the live earnings call by dialing 1-800-717-1738 (domestic) or 1-646-307-1865 (international). To listen to the call online, investors can visit the investor relations page of Caliber's website at https://ir.caliberco.com/. The webcast replay of the conference call will be available
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 recently served as Vice President, Business & Systems Operations. There, he played a formative role in the development of the technology platform and business strategy that enabled the company to launch and scale. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240718991682/en/Steve Drew, Caliber's new SVP of Ma
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 Distressed Real Estate Investment Fund and Caliber Diversified Opportunity Fund II, LP. Located at 1040 North VIP Blvd. in Casa Grande, the facility's 348 storage units range in size from 30 to 4,000 square feet. The facility has an 83% occupancy and is located in a rapidly growing area. "Our investment in this facility and subsequent sale is another exam
Hotel conversion and property expansion to bring 104 new apartments and 88 townhouse-style units to prime South Phoenix location 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, which will bring much needed new housing units to the Ahwatukee Foothills neighborhood in South Phoenix. The project will begin with the conversion of an existing 160-room hotel to 104 apartment units with Class A amenities. This will be followed by the construction of 44 low-density townhouse units in back of the tower complex and 40 similar units on acreage recently acquired by Caliber in front of th
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
Caliber (NASDAQ:CWD, "CaliberCos Inc."))), a real estate investor, developer, and manager, today announced it will be rescheduling the reporting of its fourth quarter and full year results for the period ended December 31, 2023. Caliber is unable to report these results as originally announced on March 7, 2024, because management needs additional time to finalize and analyze the disclosure in its Form 10-K. As a result, the conference call to discuss the Company's fourth quarter and full-year 2023 results originally scheduled for March 21, 2024, will be rescheduled as soon as possible. About Caliber With more than $2.9 billion of managed assets, including estimated costs to complete ass
Arizona Capitol Times, Best Companies Group and BestCompaniesAZ has announced that CaliberCos Inc. (NASDAQ:CWD), a fully integrated alternative asset manager and investment sponsor, has earned a place on the 11th annual list of 2023 Top Companies to Work For in Arizona. This highly selective list is the result of anonymous and comprehensive employee surveys measuring culture, work environment, leadership, and employee pride and satisfaction, combined with rigorous evaluations of workplace practices, policies, perks and demographics. "This year's Top Companies were selected based on the results of a very high favorable employee survey scores averaging 90% overall survey results and an im
CaliberCos Inc. (the "Company" or "Caliber") (NASDAQ:CWD), a leading vertically integrated alternative asset manager, today announced that it will release its second quarter 2023 financial results after the close of the market on Thursday, August 10, 2023. About CaliberCos Inc. Caliber (NASDAQ:CWD) is a leading vertically integrated alternative asset management firm whose purpose is to build generational wealth for investors seeking to access opportunities in middle-market assets. Caliber differentiates itself by creating, managing, and servicing proprietary products, including middle-market investment funds, private syndications, and direct investments which are managed by our in-house
CaliberCos Inc. (NASDAQ:CWD), a leading fully integrated alternative asset manager, announced today the launch of its Core+ Growth & Income Fund ("the Fund" or "Issuer"), an income fund targeting investments in a diversified portfolio of real estate properties, real estate-related equity investments, and other real estate-related assets located in high-growth markets across the Southwest U.S. The Fund offers investors the opportunity to enjoy a certain level of liquidity, coupled with the potential returns of a moderate risk growth and income fund. Core Plus investing in commercial real estate is a strategy through which investors have the opportunity to earn steady income from their inve
8-K - CaliberCos Inc. (0001627282) (Filer)
8-K - CaliberCos Inc. (0001627282) (Filer)
8-K - CaliberCos Inc. (0001627282) (Filer)
8-K - CaliberCos Inc. (0001627282) (Filer)
8-K - CaliberCos Inc. (0001627282) (Filer)
8-K - CaliberCos Inc. (0001627282) (Filer)
8-K - CaliberCos Inc. (0001627282) (Filer)
10-Q - CaliberCos Inc. (0001627282) (Filer)
8-K - CaliberCos Inc. (0001627282) (Filer)
8-K - CaliberCos Inc. (0001627282) (Filer)
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
4 - CaliberCos Inc. (0001627282) (Issuer)
Shares of Broadcom Inc. (NASDAQ:AVGO) rose sharply in today's pre-market trading after the company posted stronger-than-expected results for its second quarter. The company declared a quarterly dividend of $5.25 per share and also announced a 10-for-1 forward stock split. Broadcom boosted its fiscal year 2024 revenue guidance to approximately $51 billion, up from approximately $50 billion. Broadcom shares surged 13.5% to $1,698.20 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers Neo-Concept International Group Holdings Limited (NASDAQ:NCI) rose 79.3% to $1.17 in pre-market trading. Fangdd Network Group Ltd. (NASDAQ:DUO) sh
CaliberCos (NASDAQ:CWD) reported quarterly losses of $(0.18) per share. This is a 157.14 percent decrease over losses of $(0.07) per share from the same period last year. The company reported $22.95 million in sales this quarter. This is a 22.26 percent decrease over sales of $29.52 million the same period last year.
Construction of a new Catholic high school planned for the 50-acre plot of land to serve growing communityCaliber (NASDAQ:CWD), a real estate investor, developer, and manager, today announced the sale of an approximately 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, plans call for the construction of a new 450-student Catholic high school along with a chapel, athletic field, and gymnasium. The school will be ideally situated to serve students from the surrounding communities in Northern Colorado.This property was part of an approximately 190-acre parcel purchased in June 2021 by a Caliber-sponsored single
Companies Reporting Before The Bell • M&T Bank (NYSE:MTB) is estimated to report quarterly earnings at $3.13 per share on revenue of $2.26 billion. • Charles Schwab (NYSE:SCHW) is expected to report quarterly earnings at $0.73 per share on revenue of $4.72 billion. • Goldman Sachs Gr (NYSE:GS) is expected to report quarterly earnings at $8.56 per share on revenue of $12.92 billion. • Guaranty Bancshares (NYSE:GNTY) is estimated to report quarterly earnings at $0.50 per share on revenue of $28.24 million. • Inspired Entertainment (NASDAQ:INSE) is expected to report quarterly earnings at $0.13 per share on revenue of $73.22 million. • CaliberCos (NASDAQ:CWD) is estimated to report quarte
Shares of Tilray Brands, Inc. (NASDAQ:TLRY) fell sharply during Tuesday’s session after the company missed third-quarter estimates and said it no longer expects to generate positive adjusted free cash flow for the full fiscal year 2024. Tilray Brands reported financial results on Tuesday for its third quarter ended Feb. 29, 2024, revealing $188.3 million in net revenue, representing a 30% year-over-year increase. Net loss decreased to $105 million in the third quarter compared to a net loss of $1.2 billion in the prior year quarter. Tilray Brands shares dipped 22.2% to $2.0152 on Tuesday. Here are some other stocks moving in today's mid-day session. Gainers Laser Photonics Corporatio
Companies Reporting Before The Bell • Creative Realities (NASDAQ:CREX) is expected to report quarterly earnings at $0.02 per share on revenue of $16.47 million. • InflaRx (NASDAQ:IFRX) is projected to report quarterly loss at $0.20 per share on revenue of $1.42 million. • Fennec Pharmaceuticals (NASDAQ:FENC) is likely to report quarterly loss at $0.02 per share on revenue of $8.67 million. • Welltower (NYSE:WELL) is likely to report quarterly earnings at $0.00 per share on revenue of $218.97 million. • VerifyMe (NASDAQ:VRME) is expected to report quarterly loss at $0.03 per share on revenue of $8.95 million. • Academy Sports (NASDAQ:ASO) is expected to report quarterly earnings at $2.2
CaliberCos (NASDAQ:CWD) reported quarterly losses of $(0.16) per share. This is a 172.73 percent decrease over earnings of $0.22 per share from the same period last year. The company reported $17.02 million in sales this quarter. This is a 12.72 percent decrease over sales of $19.51 million the same period last year.
Companies Reporting Before The Bell • Indivior (NASDAQ:INDV) is expected to report quarterly earnings at $0.30 per share on revenue of $265.00 million. • AstraZeneca (NASDAQ:AZN) is projected to report quarterly earnings at $0.84 per share on revenue of $11.66 billion. • Sony Group (NYSE:SONY) is projected to report quarterly earnings at $1.16 per share on revenue of $19.39 billion. • ArcelorMittal (NYSE:MT) is estimated to report earnings for its third quarter. • Wix.com (NASDAQ:WIX) is estimated to report quarterly earnings at $0.67 per share on revenue of $389.83 million. • Vanguard Extended Duration Treasury ETF (NYSE:EDV) is projected to report quarterly earnings at $0.26 per shar