Cost Reduction Achievements
Caliber implemented reductions in operating expenses, targeting a $6 million annualized reduction, achieving profitability in Q3 2024.
Shift in Investment Focus
Caliber is narrowing investment focus to multifamily residential, hospitality, and multi-tenant industrial asset classes to drive efficiency and profitability.
Launch of New Programs
Caliber launched the Qualified Opportunity Zone Fund Roll Up program and Caliber 1031 exchange program, enhancing investment opportunities and leading to a $10 million acquisition in Rifle, Colorado.
Caliber Hospitality Trust Developments
A definitive agreement with Satori Collective to contribute eight hotels to the Trust, expanding Caliber's hospitality footprint.
Regulatory and Financial Transparency Improvements
SEC guidance allows simpler investor qualification, and Caliber introduced a new disclosure for better asset value understanding, estimating $89 million in performance allocations.